World Insurance Associates (WIA) has announced that it has acquired New Jersey-based Maximum Benefit Insurance Agency. Terms of the transaction were not disclosed.
Founded in 1994, Maximum Benefit Insurance Agency is a full-service property casualty agency. It specializes in providing personal auto, homeowners, and personal package coverage.
“We are thrilled to welcome Maximum Benefit to the WIA team,” said Rich Eknoian, co-founder and CEO of WIA. “Maximum Benefit’s entrenched customer relationships in the New Jersey area will complement our already-strong presence in the region.”
“Partnering with World Insurance Associates will provide us with more resources to better serve our customers,” said Mark Alleman, president of Maximum Benefit. “We are looking forward to a successful relationship.”