World Insurance Associates LLC acquired Lubowicki Insurance Agency Inc. of Metuchen on May 1. Terms of the transaction were not disclosed.
The Lubowicki Insurance Agency has roots dating back to the 1960s. The experienced agency provides broad insurance options for individuals, families and businesses throughout New Jersey.
“Providing superior customer service and low rates, along with our ability to understand our customer’s coverage needs drives the success of our agency,” Ed Lubowicki, president, Lubowicki Insurance Agency, said. “We look forward to offering our clients even more insurance solutions as part of World Insurance.”
“On behalf of the World family, I’d like to welcome Lubowicki Insurance,” Rich Eknoian, co-founder and CEO of WIA, said in a statement. “They do a great job assisting their clients with identifying their insurance needs and problems, and then putting together a customized plan that’s simple and easy to understand. I am confident they will continue to provide this high level of service as part of World.”
Giordano, Halleran & Ciesla provided legal counsel to WIA, and Becker LLC provided legal counsel to Lubowicki Insurance. No other advisers, diligence firms or legal counsel were disclosed.
Since its founding in 2012, Iselin-based World Insurance Associates has completed 147 acquisitions and serves its customers from more than 160 offices in the U.S.
