Insurance brokerage World Insurance Associates has acquired Circle Insurance Agency Inc. of Danvers, Massachusetts.
Founded in 1989 by James M. Holbrook, Circle Insurance provides personal and commercial lines as well as financial services.
Christine Frary is agency president. Mike Holbrook serves as president of Circle Business Insurance Inc.
As a result of this acquisition, World increases its presence in eastern Massachusetts, southern New Hampshire, and Maine, according to Rich Eknoian, CEO and co-founder of WIA.
Terms of the transaction were not disclosed.
World Insurance Associates is headquartered in Iselin, New Jersey. It is ranked #24 on the Top 100 P&C Agencies by Insurance Journal.
Was this article valuable?
Here are more articles you may enjoy.
Amish Mother and 6 Children Killed in Explosion and Fire at Pennsylvania Home 
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
Are ‘Moderate’ Hurricanes Getting Squeezed Out of the Atlantic? 
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 
