World Insurance Associates Expands with Jersey Coast Insurance Acquisition

On January 20, 2026, World Insurance Associates LLC, ranked among the top 50 insurance brokerages, announced a significant acquisition—Jersey Coast Insurance, located in Margate City, New Jersey. This acquisition took place on October 1, 2025, further solidifying World Insurance’s presence in the competitive insurance sector.

Jersey Coast Insurance specializes in providing both personal and commercial lines of insurance, particularly focusing on risks related to coastal properties, condominiums, and flood insurance. With a history of nearly twenty years in the community, the firm has built a reputation for trust and reliability, striving to connect clients with appropriate coverage at competitive premiums. Stephen Popovich, the President of Jersey Coast Insurance, expressed enthusiasm about the merger, highlighting its benefits to their clientele. “We’re excited to become part of the World team, enabling us to present new products and services to our valued clients,” he stated.

Rich Eknoian, the CEO and Co-Founder of World Insurance Associates, welcomed Jersey Coast to the company’s family. He emphasized that the alignment of values—particularly regarding client service excellence—would contribute to the ongoing success of both entities.

Financial terms of the acquisition have not been disclosed. However, it signals a strategic move by World Insurance Associates to expand its offerings and market share. Legal counsel for the transaction was provided by Giordano, Halleran & Ciesla for World, while Fox Rothschild advised Jersey Coast. No other advisory firms or legal counsel have been mentioned in the statement.

About World Insurance Associates LLC

Headquartered in Iselin, New Jersey, World Insurance Associates employs a comprehensive network of brokers across more than 300 offices in the U.S. and the U.K. This organization focuses on enhancing risk management outcomes for its clients. By utilizing data-driven analytics, World provides tailored solutions in areas such as commercial and personal insurance, employee benefits, wealth management, and payroll solutions.

World’s advisors aim to innovate new products that meet the diverse needs of their clients, positioning them as a forward-thinking player in the insurance industry. As they welcome Jersey Coast Insurance, there is an anticipation of a bright future, leveraging combined expertise to set new standards in client service and satisfaction.

This acquisition not only signifies World Insurance's growth strategy but also highlights a trend in the insurance marketplace where consolidation is seen as a pathway to enhanced service and expanded product offerings. As insurance needs evolve, companies are looking for ways to fortify their positions in the market by forming strategic partnerships and mergers.

The acquisition of Jersey Coast is expected to bring additional resources and expertise to World Insurance Associates, benefiting both the firm and its clientele as they navigate the complexities of insurance in today's environment. Clients of Jersey Coast can look forward to a seamless transition and the breadth of services that come from joining forces with a larger and established insurance brokerage.

In conclusion, the combination of Jersey Coast Insurance with World Insurance Associates showcases an important step for both companies as they prepare to meet the future challenges of the insurance industry, emphasizing a commitment to client satisfaction and a robust network of insurance solutions.