World Insurance Associates LLC Acquires HTK/Hunt Traina Kennard Insurance Agency, Inc

 
TINTON FALLS, N.J. - Jan. 5, 2016 - PRLog -- World Insurance Associates LLC (http://www.worldins.net/), a fast-growing independent insurance agency headquartered in Tinton Falls, NJ, completed the acquisition of the HTK/Hunt Traina Kennard Insurance Agency, Inc., also headquartered in Tinton Falls, on January 1, 2015.

The HTK/Hunt Traina Kennard Insurance Agency is an independent, all lines insurance agency that was formed in 1996 after three well-established agencies merged. The combined agency includes the former Hunt Agency, a second-generation, family-operated agency established in 1960 by James E. Hunt; the Traina Insurance Agency, founded in 1987 by John Traina; and the Kennard Insurance Agency, a third-generation, family-run firm started in 1932 by Joseph E. Kennard, Sr. The HTK/Hunt Traina Kennard Insurance Agency specializes in providing the best commercial and personal insurance to residents of Tinton Falls and surrounding areas.

Owners and Partners Glenn M. Kennard and Rich Hunt will continue to provide impeccable service to their agency’s clients operating as the HTK/Hunt Traina Kennard Insurance Agency, a Division of World Insurance Associates, from their new location at the World Insurance Associates headquarters office, just down the street on Shrewsbury Avenue in Tinton Falls.

Richard Eknoian, co-founder of World Insurance Associates stated, “The HTK/Hunt Traina Kennard Insurance Agency has over 100 years of combined experience assisting clients with their personal and business insurance needs. We warmly welcome Glenn, Rich, and their team to our organization.”

“We are very happy to join the World Insurance team,” said Glenn Kennard. Rich Hunt also stated, “We’ve always represented a carefully selected group of reputable insurance carriers to offer our customers, and we’re looking forward to being able to provide even more options and value now that we are a part of World Insurance Associates.”

World Insurance Associates LLC (http://www.worldins.net/) is an independent insurance agency headquartered in Tinton Falls, NJ. They offer extensive, cost-effective personal and business insurance solutions in 41 states and specialize in insurance for transportation companies, the hospitality industry, coastal properties, and high net worth individuals in addition to general commercial clients in diverse industries. World Insurance Associates began business in 2012 and now serves more than 15,000 customers from 10 offices in NJ, PA, NY, and MD. They have completed 12 acquisitions, have current run rate revenue over $10 million, and place more than $90 million per year in annual premiums. The company is ranked #32 on the list of New Jersey’s 2015 50 Fastest Growing Companies. For more information, please visit www.worldins.net.

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Rich Eknoian
***@worldins.net
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Tags:Merger, Acquisition, Insurance Agency
Industry:Insurance
Location:Tinton Falls - New Jersey - United States
Subject:Mergers
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