World Insurance Associates LLC (WIA) has acquired Corporate Risk Services LLC and Midwest Risk Management Services Inc. (collectively Corporate Risk Services) of Rogers, Arkansas.
Terms of the transaction were not disclosed.
Corporate Risk Services is an independent insurance brokerage firm. Their products include worker’s compensation, as well as all aspects of commercial insurance from the traditional placement to alternative funding solutions. They have access to multiple markets that enable them to service a broad spectrum of their client’s insurance needs. They specialize in a variety of exposures, including manufacturing, healthcare, schools, municipalities, retail and transportation.
Giordano, Halleran & Ciesla provided legal counsel to WIA. Kutak Rock provided legal counsel to Corporate Risk Services. No other advisors, diligence firms or legal counsel were disclosed.
World Insurance Associates is headquartered in Tinton Falls, N.J.
Source: World Insurance Associates LLC
Topics Mergers & Acquisitions
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