World Insurance Associates LLC Acquires Alamo Insurance Services, Inc. of Toms River, NJ

TINTON FALLS, NJ, February 2, 2016– World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, NJ, completed its 13th business acquisition with the acquisition of Alamo Insurance Services, Inc. of Toms River, NJ, on January 31, 2016.

Alamo Insurance Services, Inc. is dedicated to providing prompt, professional customer service to the Alamo family of satisfied customers, many of whom have been insured with the agency since 1974. Alamo Insurance Services, Inc. has been providing automobile, homeowners, flood, health, life, and commercial insurance with the goal of providing the complete satisfaction of every customer.

“The staff at Alamo Insurance Services, Inc. has over 100 years of combined insurance experience and has a strong focus on its customers. We are pleased to welcome Louis Pauciullo and the Alamo team to our growing World Insurance family.” Rich Eknoian, co-founder of World Insurance Associates LLC, stated.

Louis Pauciullo, owner of Alamo Insurance Services, Inc. said, “We have offered knowledgeable and friendly service at competitive rates for over 40 years and look forward to continuing the tradition of treating clients like family as a division of World Insurance Associates LLC.”

World Insurance Associates LLC is an independent insurance agency headquartered in Tinton Falls, NJ. It offers extensive, cost-effective personal and business insurance solutions in 41 states, including insurance for transportation companies, the hospitality industry, coastal properties, and high net worth individuals in addition to general commercial clients in diverse industries. World Insurance Associates LLC began business in 2012 and now serves more than 15,000 customers from 10 offices in NJ, PA, NY, and MD. It has completed 13 business acquisitions, has a current run rate revenue over $10 million, and places more than $90 million per year in annual premiums. The company was ranked #32 on the list of New Jersey’s 2015 50 Fastest Growing Companies.

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If you would like more information about this topic, please contact Rich Eknoian at 732-523-2106 or email richeknoian@worldins.net.