ISELIN, N.J., Sept. 3, 2026 /PRNewswire/ — World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Pellechio Family Agency (“Pellechio”) of Parsippany, NJ on May 1, 2026. Terms of the transaction were not disclosed.
Since 2017, Pellechio has been providing commercial and personal insurance to its customers.
“At Pellechio Family Agency, we have the knowledge and expertise to help our customers understand their coverage options and offer solutions to meet their insurance needs,” says Robert Pellechio, Client Advisor, Pellechio Family Agency. “As part of World, we can offer additional products and services to our customers.”
“I’d like to welcome Pellechio to the World family,” says Rich Eknoian, Executive Chairman and Founder of World. “Pellechio has roots in our home state of New Jersey, and it’s great to have them join our team.”
Giordano, Halleran & Ciesla provided legal counsel to World on the transaction. Castano Quigley Cherami provided legal counsel to Pellechio. No other advisors, diligence firms or legal counsel were disclosed.
About World Insurance Associates LLC
World Insurance Associates (World) is a leading brokerage and advisor dedicated to supporting small and medium-sized businesses across the U.S. and U.K. Headquartered in Iselin, N.J., World’s comprehensive network of brokers and specialists empower business owners to make informed decisions to improve their risk management outcomes, modernize their benefits programs and help achieve their long-term financial goals. Using data-driven analytics, World’s advisors innovate new products and solutions tailored to clients’ needs across commercial and personal insurance and bonds, employee and executive benefits, wealth management and retirement plan services, private client services and payroll & HR solutions. For more information, please visit www.worldinsurance.com .
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SOURCE WORLD INSURANCE ASSOCIATES LLC
