Overview of Transaction​​

• E&K, a retail insurance agency in the New Jersey tri-state area with roots dating back to 1930, serves a wide range of commercial and personal clients

• The Company’s industry specialties include manufacturing, construction, real estate, and golf courses.

• E&K agreed to partner with World Insurance Associates, a top 100 Independent Property/Casualty Agency.

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Significance of Transaction​​

• The acquisition of E&K provides World with an opportunity to expand its construction-related product lines/offerings.

• The acquisition will allow the E&K team to target larger accounts with more complex risks. World will also offer a host of corporate resources that will allow the E&K team to hit the ground running.

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Sica | Fletcher's Role 

• Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to E&K and explored multiple options for the firm before its decision to partner with World.

• This transaction underscores Sica | Fletcher's unparalleled relationships with top-tier investors in the insurance sector.