Archambault Insurance Associates Joins World Insurance Associates

ISELIN, N.J., March 10, 2025 /PRNewswire/ -- World Insurance Associates LLC ("World"), a Top 50 Insurance Brokerage, announced today that it acquired the business of Archambault Insurance Associates ("Archambault") of Putnam, CT on December 1, 2024. Terms of the transaction were not disclosed.

Archambault was founded in 1928 by Joseph A. Archambault. Today they are a third-generation, family-owned, full-service agency serving individuals, families and businesses in Connecticut, Rhode Island, and Massachusetts. Archambault provides personal, commercial, life and health, and surety insurance to their clients.

"Archambault was founded on a philosophy of offering personal, professional service to our clients," says Marc L. Archambault, President, Archambault Insurance Associates. "We are glad to join World, an organization that shares our approach to serving our customers and community," says Thomas M. Archambault, Vice President, Archambault Insurance Associates.

"I would like to welcome Archambault to the World family," says Rich Eknoian, CEO and Co-Founder of World. "This acquisition adds to World's presence in Connecticut. I look forward to watching their business grow as part of World."

Giordano, Halleran & Ciesla provided legal counsel and MidCap Consulting advised World on the transaction. Satin & Lee Law P.C. provided legal counsel and Sica Fletcher advised Archambault on the transaction. No other advisors, diligence firms, or legal counsel were disclosed.

About World Insurance Associates LLC
World Insurance Associates LLC (World) is headquartered in Iselin, N.J., and is a nationally ranked, full-service insurance organization providing individuals and businesses with top products and services across personal and commercial insurance, employee and executive benefits, retirement planning and financial planning services and human capital management solutions. Since its founding in 2011, World has completed more than 250 acquisitions and serves its clients from more than 250 offices across the United States. World is ranked #28 on the 100 Largest Brokers of U.S. Business list by Business Insurance, ranked #3 on the Fastest Growing Benefits Brokers list by Business Insurance, ranked #15 on the Top 100 P&C Agencies by Insurance Journal, ranked #19 on the Top 50 Personal Lines Agencies and ranked #19 on the Top 50 Commercial Lines Agencies by Insurance Journal. For more information, please visit www.worldinsurance.com.

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SOURCE WORLD INSURANCE ASSOCIATES LLC