Iselin-based World Insurance coverage Associates LLC stated it acquired the enterprise of Volaris Insurance coverage Group of Tampa, Florida, on Dec. 31. Phrases of the transaction weren’t disclosed.

Volaris supplies insurance coverage to a wide range of companies and has developed specialization within the trucking and cell tower industries.

“On behalf of your complete World household, I’d like to increase a heat welcome to Volaris,” stated Wealthy Eknoian, co-founder and CEO of WIA. “I do know they are going to be an important addition to the World staff.”

“Volaris Insurance coverage Group has helped tons of of small and huge enterprise homeowners discover the very best insurance coverage accessible for staff’ comp, bonds, common legal responsibility and extra,” Elizabeth Vargas, unit chief, Volaris Insurance coverage Group, stated. “Our consultants perceive our prospects’ dangers and work with them to find out the fitting insurance coverage protection to guard their companies.”

Giordano, Halleran & Ciesla offered authorized counsel to World. Verras Legislation offered authorized counsel to Volaris. No different advisers have been disclosed.