#USA #Insurance Brokerage #World Insurance #Lighthouse Insurance #Madisonville, LA

Lighthouse Insurance Agency's Acquisition by World Insurance Associates

In a significant move within the insurance industry, World Insurance Associates LLC, recognized as one of the Top 50 Insurance Brokerages in the nation, recently announced its acquisition of the Lighthouse Insurance Agency, based in Madisonville, Louisiana. This transaction, which was finalized on March 1, 2025, reflects the strategic expansion efforts of World as it continues to grow its footprint in the United States.

Lighthouse Insurance Agency has built a reputation over the years by providing comprehensive insurance solutions tailored to meet the needs of individuals and businesses alike. With expertise in personal lines insurance and coverage for small to medium-sized enterprises, as well as large commercial properties, Lighthouse boasts a diverse portfolio. Their services range from homeowners’ and auto insurance to specialized coverage for restaurants, medical offices, contractors, and more, addressing a wide range of insurance needs across different sectors.

Steven Marcus, the owner of Lighthouse Insurance Agency, expressed enthusiasm about the new chapter for the agency under the umbrella of World Insurance Associates. He noted, “At Lighthouse Insurance Agency, we specialize in crafting insurance solutions for our customers' personal and business needs. We take the time to understand each of our customers, which helps us recommend personalized insurance coverage. We are pleased to be joining World—this partnership allows us to offer additional products and services to our customers.” This sentiment captures the essence of the acquisition, highlighting not just growth, but also a commitment to enhanced service.

Rich Eknoian, the CEO and co-founder of World, welcomed Lighthouse Insurance Agency into the World family. He emphasized that the addition of Lighthouse is pivotal in expanding their presence in Louisiana and looks forward to the continued success of the agency. The acquisition will allow for cross-selling opportunities and a broader array of products available to the existing customer base of both agencies.

The deal showcases the growing trend of consolidation within the insurance brokerage sector, where firms combine forces to offer a broader spectrum of services and improve operational efficiency. For World Insurance Associates, this marks yet another milestone, adding to an already impressive list of acquisitions. Since its establishment in 2011, World has completed over 250 acquisitions, establishing itself as a formidable player in the insurance landscape.

As a full-service insurance organization, World boasts a wide range of offerings which include personal and commercial insurance, employee and executive benefits, retirement and financial planning services, along with human capital management solutions. The organization's diverse portfolio and extensive experience position it well to support the evolving insurance needs of its clients.

The legal intricacies of the transaction were handled by Giordano, Halleran & Ciesla representing World. For Lighthouse Insurance Agency, Satin and Lee Law P.C. provided legal counsel. While specific financial terms of the acquisition have not been disclosed, such strategic mergers frequently indicate a significant investment in enhancing service quality and reach.

For those interested in learning more about World Insurance Associates and its extensive range of services and offerings, visiting their website at www.worldinsurance.com provides insights into their mission and the breadth of support they offer to clients.

As the insurance industry continues to evolve with client needs at the forefront, this acquisition represents a vital step toward ensuring that both existing and new clients of Lighthouse Insurance Agency receive comprehensive, innovative, and personalized insurance coverage solutions.