ISELIN, N.J., March 10, 2025 /PRNewswire/ — World Insurance Associates LLC (World), a Top 50 Insurance Brokerage, has announced the acquisition of Archambault Insurance Associates of Putnam, CT, effective December 1, 2024. The financial details of the transaction remain undisclosed.
Archambault, a third-generation, family-owned agency, was established in 1928 by Joseph A. Archambault. The company currently provides full-service insurance solutions to individuals, families, and businesses across Connecticut, Rhode Island, and Massachusetts. Their services include personal, commercial, life and health, and surety insurance.
“Archambault was founded on a philosophy of offering personal, professional service to our clients,” stated Marc L. Archambault, President of Archambault Insurance Associates. Thomas M. Archambault, Vice President, added, “We are glad to join World, an organization that shares our approach to serving our customers and community.”
Rich Eknoian, CEO and Co-Founder of World, welcomed the acquisition, saying, “I would like to welcome Archambault to the World family. 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 to World, while MidCap Consulting advised on the transaction. Satin & Lee Law P.C. served as legal counsel, and Sica Fletcher advised Archambault. No other advisors or firms 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. They offer a wide range of products and services to individuals and businesses, spanning across personal and commercial insurance, along with employee and executive benefits, retirement planning, financial planning services, and human capital management solutions. Since its establishment in 2011, World has successfully completed over 250 acquisitions. They serve their clients through a network of more than 250 offices located throughout the United States.
World’s industry rankings include #28 on the 100 Largest Brokers of U.S. Business list by Business Insurance, #3 on the Fastest Growing Benefits Brokers list by Business Insurance, #15 on the Top 100 P&C Agencies by Insurance Journal, #19 on the Top 50 Personal Lines Agencies and #19 on the Top 50 Commercial Lines Agencies by Insurance Journal. For further information, please visit www.worldinsurance.com.
