World Insurance Associates LLC, an independent insurance agency, has acquired insurance firm Bruen Deldin DiDio Associates Inc. (BDD) and its subsidiary, Storage Insurance Brokers, a provider of coverages designed specifically for self-storage. BDD Vice President Jeffrey Deldin will join World Insurance as a partner, according to a press release.
“The staff members of BDD bring a wide range of knowledge and experience to our organization. We’re thrilled to welcome Jeffrey Deldin and his team to the World Insurance family,” said Rich Eknoian, co-founder of World Insurance.
“This partnership will allow us to remain on the cutting edge as a leader in the insurance industry, while providing continued and expanded services to our clients,” Deldin added.
Storage Insurance Brokers expects continued national growth under World Insurance. “We are looking forward to offering increased capabilities to the self-storage industry with additional resources and expertise,” said Jessica Lamoureux, program manager.
With a lineage that dates to 1872, BBD services commercial and personal insurance clients in New England, New York and Rhode Island. It employees 35 people at its three offices in Connecticut, New York and Rhode Island. Insurance coverages from Storage Insurance Brokers include wrongful-sale liability, customers’ goods liability, pollutant removal, loss of rental income, employment practices and cyber liability.
Headquartered in Tinton Falls, N.J., World Insurance provides personal and business insurance solutions in 46 states. The company specializes in group benefits and insurance for transportation companies, the hospitality industry, coastal properties and commercial clients in diverse industries. Founded in 2012, it serves more than 23,000 customers from 15 East Coast offices.