World Insurance Associates Acquires David White Book
Sica | Fletcher advises David White (“DWB”) in the sale of his book of business to World Insurance Associates LLC (“World”).
Overview of Transaction
David White is primarily a commercial lines producer located in Pawtucket, Rhode Island. DWB agreed to partner with World Insurance Associates, a top 100 Independent Property/Casualty Agency.
Significance of Transaction
The acquisition of DWB enhances World’s presence in the Rhode Island area while adding expertise within commercial lines and expanding the scope of services World offers.
David White and his team will be supported by World’s national network of agency partners.
Sica | Fletcher's Role
Sica | Fletcher served as exclusive strategic and financial advisor to David White.
This transaction further elucidates Sica | Fletcher’s strong relationships with private equity firms and the brokerages they support.