World Expands Massachusetts Presence With JR Tallman Acquisition
World just got a little bit bigger in Massachusetts. The Top 50 insurance brokerage firm has acquired JR Tallman & Co. Inc. of Taunton. The acquisition, effective as of October 1, 2022, is its sixth agency purchase in the Commonwealth so far this year.
“I like to extend a warm World welcome to JRT,” says Rich Eknoian, CEO and Co-Founder of WIA. “They provide exemplary customer service—always making insurance easy for their clients, and I know they will continue to do so as part of World.”
Founded in 1839, JR Tallman & Co. Inc. first began as the Sidney W. Williams Company, providing fire insurance for factories, stores, homes and other property.
“Today we continue the tradition of serving our customers with integrity and personalized attention,” says Cheryl “Bunny” Johnson, Unit Leader, JR Tallman & Co. Inc. “Our experienced expert brokers streamline the insurance-purchasing process for our clients. I look forward to offering our clients even more products and services as part of World.”
Other Massachusetts agencies acquired by World Insurance
Headquartered in Tinton Falls, N.J., World Insurance Associates has grown into a national agency focused on providing individuals and businesses with top products and services across personal and commercial insurance lines, employee benefits, retirement and financial services and human capital management solutions.
Since its founding in 2012, it has completed over 112 acquisitions and now serves customers from more than 131 offices in the U.S. As a result of its aggressive growth strategy, the brokerage now appears at the top of many ranking lists, ranking #2 on Business Insurance’s Fastest Growing Brokers list, #62 on Business Insurance’s 100 Largest Brokers of U.S. Business list, #31 on Insurance Journal’s Top 100 Independent P&C Agencies list, and #38 on Insurance Journal’s Top 50 Personal Lines Agencies list.
As for Massachusetts, the company has made a series of agency acquisitions over the past few years, including the following that have been previously reported on in Agency Checklists. With this latest purchase, a total of nine agencies have been acquired by the firm in the Bay State since 2021.
2022 Agency Acquisitions in Massachusetts
2021 Agency Acquisitions in Massachusetts
