World Insurance Associates LLC Acquires Argus Risk Advisors
Sica | Fletcher advises The Premium Group, Inc. dba Argus Risk Advisors (“Argus”)
in its sale to World Insurance Associates LLC (“World”).
Overview of Transaction
With offices in New York City and Solon, Ohio, Argus Risk Advisors is among the largest and most respected medical malpractice brokers in the United States.
Argus is a specialty broker serving the medical malpractice needs of the healthcare industry, with a client base exclusively comprised of physicians, physician groups, and hospitals.
Argus agreed to partner with World Insurance Associates, a top 100 Independent Property/Casualty Agency.
Significance of Transaction
The acquisition of Argus provides World with an opportunity to expand its specialized health and welfare product offerings. Due to the exclusivity of its agreements, Argus will provide previously inaccessible revenue streams to World.
Sica | Fletcher's Role
Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Argus and explored multiple options for the firm before partnering with World.
This transaction underscores Sica | Fletcher's unparalleled relationships with top-tier investors in the insurance sector.