Iselin-based World Insurance Associates LLC on Monday said it acquired DG&M Insurance Agency of Rochester, New York.
Terms of the deal which closed on Nov. 1, 2022 were not disclosed.
DG&M Agency, established in 1996, now serves the needs of individuals and businesses in over a dozen states–providing auto, home, life, commercial, and disability insurance as well as bonds and employee benefits.
“Despite our growth over the years, our agents are still committed to providing the same small-town client-based service and attention to detail that has made us a leading choice among those seeking honest, reliable attention to their insurance needs” Dale Trott, principal, DG&M Insurance Agency stated. “Our agents take pride in the individual service they offer to each and every customer, remaining abreast of industry trends, technology and changes that could affect their customers’ insurance products. I’m glad to be continuing this approach as part of World.”
“I’d like to welcome DG&M to the World family,” Rich Eknoian, CEO and co-founder of WIA said. “Their vision and progressive way of doing business for more than 20 years has earned them industry recognition, and I am happy to have them as part of World.”
Giordano, Halleran & Ciesla provided legal counsel to World. Pullano & Farrow PLLC provided legal counsel to DG&M. No other advisors, diligence firms or legal counsel were disclosed.