Overview of Transaction

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• Founded in 2010, Virginia Insurance Partners (VIP) is a group of retail insurance agencies covering the majority of the Commonwealth of Virginia. 

• VIP is an all lines agency offering personal insurance, life, health, and business insurance products.

• Virginia Insurance Partners agreed to partner with World Insurance Associates, a top 100 Independent Property/Casualty Agency.

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Significance of Transaction

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• The VIP acquisition strengthens and expands World Insurance Associates' offering on the east coast.

• Virginia Insurance Partners’ leadership team will remain with Insurance Associates and will continue to provide their clients with the same continued personal service.

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Sica | Fletcher's Role

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• Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to Virginia Insurance Partners and explored several options for the firm.

• This transaction demonstrates Sica | Fletcher continued leadership position as the "advisor of choice" to insurance companies.

• This transaction further illustrates Sica | Fletcher's strong relationship with top-tier investors, having previously worked with World Insurance on numerous deals.