Pellechio Family Agency Expands Horizons by Joining World Insurance Associates

World Insurance Associates LLC, recognized as one of the top 50 insurance brokerages, has made headlines with its latest acquisition—the Pellechio Family Agency based in Parsippany, New Jersey. This acquisition, effective from May 1, 2026, marks a pivotal moment for both companies, as Pellechio brings years of expertise in providing both commercial and personal insurance to its clientele.

A Step Forward for Pellechio Family Agency

Since its establishment in 2017, Pellechio Family Agency has worked tirelessly to cater to its clients' needs, focusing on understanding individual insurance coverage options. Robert Pellechio, a Client Advisor with the agency, expressed enthusiasm about the transition, highlighting the added benefits that joining World Insurance can bring. With access to a broader range of products and services, Pellechio aims to enhance the overall customer experience and assist clients in making informed decisions about their insurance needs.

Welcoming a New Member to the Family

Rich Eknoian, the Executive Chairman and Founder of World Insurance Associates, shared his excitement over this merger. "I’d like to welcome Pellechio to the World family," he stated. The strength of having roots in New Jersey, coupled with Pellechio's commitment to customer service, creates a powerful synergy. Eknoian believes that this partnership will significantly enhance World’s footprint in the region while also helping clients access superior resources and insurance solutions.

Legal Counsel and Advisory Team

To facilitate this acquisition, World Insurance enlisted Giordano, Halleran & Ciesla for legal counsel, while Pellechio sought guidance from Castano Quigley Cherami. Despite the complexity of the transaction, the details remain undisclosed, yet the legal teams have ensured a smooth transition for all parties involved.

About World Insurance Associates

World Insurance Associates is a leading brokerage and advisory firm focused on supporting small and medium-sized businesses across the U.S. and U.K. Headquartered in Iselin, New Jersey, the firm stands out for its innovative data-driven approach to risk management and employee benefits.

Utilizing a network of dedicated brokers and specialists, World Insurance Associates empowers business owners to navigate insurance complexities, improve their risk profiles, and work towards achieving their financial objectives. The firm offers a comprehensive range of services, including commercial and personal insurance, employee benefits, and specialized payroll and HR solutions.

For those interested in more details regarding the acquisition or services offered by World Insurance, the company invites you to visit their website at www.worldinsurance.com.

As the industry continues to evolve, partnerships like this one between World Insurance Associates and Pellechio Family Agency exemplify the collaborative spirit essential for enhancing service offerings—a win-win for both entities and a further enhancement to clients seeking comprehensive insurance solutions.