ISELIN, N.J., March 10, 2025 /PRNewswire/ — World Insurance Associates LLC (“World”), a well-regarded insurance brokerage, has announced the acquisition of Archambault Insurance Associates (“Archambault”) 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 agency provides comprehensive insurance services to individuals, families, and businesses across Connecticut, Rhode Island, and Massachusetts. Their offerings 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, and MidCap Consulting advised World on the transaction. Satin & Lee Law P.C. provided legal counsel, and Sica Fletcher advised Archambault. No other advisors or diligence firms were listed.
About World Insurance Associates LLC
World Insurance Associates LLC (World) is headquartered in Iselin, N.J. and is a full-service insurance organization providing individuals and businesses with access to a range of insurance products, including personal and commercial insurance, employee and executive benefits, retirement and financial planning services, and human capital management solutions.
Since 2011, World has completed over 250 acquisitions and serves clients through more than 250 offices across the United States. World’s prominent industry rankings include:
- 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 by Insurance Journal
- Ranked #19 on the Top 50 Commercial Lines Agencies by Insurance Journal
For further information, please visit www.worldinsurance.com.
