About World Insurance Associates
World Insurance Associates is a company based in New York (United States) founded in 2012 by Ed Wargins, Phil Nisbet, and Greg Kroeger was acquired by Linksinsuranceservices in June 2019. It operates as a Commission-Based, and Brokerage / Intermediation. World Insurance Associates has raised $1.37 million across 4 funding rounds from investors including Charlesbank Capital Partners and Linksinsuranceservices. World Insurance Associates has completed 36 acquisitions, including Advantage Benefit Concepts, Airways International and Alamo Insurance Services. World Insurance Associates offers products and services including Business Insurance, Employee Benefits, Retirement Planning & Wealth Management, Personal Insurance, and Private Client Group.
- Headquarter New York, United States
- Founders Ed Wargins, Phil Nisbet, Greg Kroeger
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name World Insurance Associates Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.37 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Charlesbank Capital Partners
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Advantage Benefit Concepts
& 35 more
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Acquired by
Linksinsuranceservices
(Jun 25, 2019)
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Products & Services of World Insurance Associates
World Insurance Associates offers a comprehensive portfolio of products and services, including Business Insurance, Employee Benefits, Retirement Planning & Wealth Management, Personal Insurance, and Private Client Group. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Business insurance solutions are offered by independent brokers.
Employee benefits programs are modernized by industry leaders.
Retirement and wealth strategies are tailored for clients.
Personal insurance programs are customized for specific needs.
Specialized protection for affluent lifestyles is provided here.
Funding Insights of World Insurance Associates
World Insurance Associates has successfully raised a total of $1.37M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(05 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series A - World Insurance Associates | Valuation | Charlesbank Capital Partners |
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| Jul, 2018 | Amount | Debt – Conventional - World Insurance Associates | Valuation |
investors |
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| Feb, 2018 | Amount | Seed - World Insurance Associates | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in World Insurance Associates
World Insurance Associates has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Charlesbank Capital Partners and Linksinsuranceservices. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by World Insurance Associates
World Insurance Associates has strategically engaged in corporate development activities, having acquired 36 companies. Notable acquisitions include Advantage Benefit Concepts, Airways International and Alamo Insurance Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Insurance brokerage services are provided to clients.
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2010 | ||||
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Diversified insurance brokerage services are provided to various clients.
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2010 | ||||
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Diversified insurance brokerage services are provided nationwide.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - World Insurance Associates
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
World Insurance Associates Comparisons
Competitors of World Insurance Associates
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about World Insurance Associates
When was World Insurance Associates founded?
World Insurance Associates was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is World Insurance Associates located?
World Insurance Associates is headquartered in New York, United States. It is registered at New York, New York, United States.
Is World Insurance Associates a funded company?
World Insurance Associates is a funded company, having raised a total of $1.37M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jan 05, 2018.
What does World Insurance Associates do?
World Insurance Associates is involved in offering a wide range of insurance and financial services. Solutions are provided across business insurance, employee benefits, retirement planning, wealth management, and personal insurance. The company serves various industries including construction, healthcare, manufacturing, real estate, and transportation. As an independent broker, a large portfolio of products from major providers is maintained. Risk management and claims advocacy support are also extended to clients. A collaborative environment is fostered to deliver tailored solutions and build meaningful client relationships.
What products or services does World Insurance Associates offer?
World Insurance Associates offers Business Insurance, Employee Benefits, Retirement Planning & Wealth Management, Personal Insurance, and Private Client Group.
How many acquisitions has World Insurance Associates made?
World Insurance Associates has made 36 acquisitions, including Advantage Benefit Concepts, Airways International, and Alamo Insurance Services.
Who are World Insurance Associates's investors?
World Insurance Associates has 2 investors. Key investors include Charlesbank Capital Partners, and Linksinsuranceservices.