World Insurance Associates LLC Acquires
McFarlin Insurance Agency
Sica | Fletcher advises McFarlin Insurance Agency, LLP (“McFarlin”) in its sale to World Insurance Associates LLC (“World”).
Overview of Transaction
McFarlin is a retail insurance agency headquartered in the Baltimore-Washington Metro area and founded in 1939.
McFarlin serves a wide range of clients including large construction accounts, surety bonding, group life & health plans, and personal lines coverages.
McFarlin agreed to partner with World Insurance Associates, a top 100 Independent Property/Casualty Agency.
Significance of Transaction
The acquisition of McFarlin provides World with an opportunity to expand its construction-related product lines / offerings.
Sica | Fletcher's Role
Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to McFarlin 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.