World Insurance Associates LLC (WIA) acquired Bucci Insurance Group of West Warwick, R.I., on September 1, 2019. Terms of the transaction were not disclosed.
Founded in 1981, Bucci Insurance Group serves the New England community with personal, commercial and benefit insurance services.
The addition of Bucci Insurance Group expands WIA’s expertise in the New England region, which currently includes six locations in Rhode Island, Connecticut and Maine.
Bucci Insurance Group Broker Tony Bucci, COO Mary Pellegrino and their associates will continue to operate from their current location in West Warwick, R.I.
Headquartered in Tinton Falls, N.J., WIA is a full-service insurance brokerage providing asset and lifestyle protection with risk management, insurance and benefit consulting services for individuals and businesses. Since its founding in 2012, WIA has completed 47 acquisitions and serves its customers from 31 offices in 10 states.
Source: World Insurance Associates LLC
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Marsh McLennan Agency to Acquire The Horton Group 
Damage From Hurricane Beryl May Cost Insurers $2.7B in US, $510M in Caribbean: KCC 
The 10 Major Risks Shaping Insurance Today 
Reinsurers’ Appetite Grows During Mid-Year Renewals but Discipline Remains: Brokers 
