TINTON FALLS, NJ - World Insurance Associates LLC (“WIA”), a Top 100 Insurance Brokerage, announced today that it acquired Ample Insurance (“Ample”) of Oakland, FL on June 1, 2021. Terms of the transaction were not disclosed.
Ample Insurance is a six-year-old, independent insurance agency. The company was founded by Larry Adkins and Art Harduvel and built by the acquisition of twenty-three different insurance agencies and books of business across Central and South Florida. Before starting Ample Insurance, Larry and Art led national production teams for AXA and MetLife. Ample writes personal lines and commercial lines P&C insurance from five offices with main locations in Orlando, Cape Coral, West Palm Beach and Miami.
“Ample Insurance is dedicated to providing the best products and service to our clients throughout the state of Florida,” says Larry Adkins, Ample Co-Owner. “Our mission is to make sure Florida residents have the "right" coverage for their families, unparalleled customer service and locations throughout the state to better serve our customers' needs.” “We specialize in many types of property and casualty insurance, including homeowners, auto, commercial, motorcycle, boat, umbrella and more,” adds Art Harduvel, Ample Co-Owner.
“We are pleased to have Ample join the World family,” says Rich Eknoian, CEO and Co-Founder of WIA. “Larry and Art have over 50 years combined insurance experience and are well respected in the industry and have built a great company.”
Giordano, Halleran & Ciesla provided legal counsel to WIA. Agency Brokerage Consultants advised WIA on the acquisition and TAG Consulting Services provided financial due diligence. Steven R. Kutner provided legal counsel to Ample. No other advisors, diligence firms or legal counsel were disclosed.
About World Insurance Associates LLC
World Insurance Associates LLC (World) is headquartered in Tinton Falls, N.J., and is a full-service insurance organization 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, World has completed 104 acquisitions and serves its customers from more than 133 offices in the U.S. World is ranked #2 on Business Insurance’s Fastest Growing Brokers list, #62 on Business Insurance’s 100 Largest Brokers of U.S. Business list, #41 on Insurance Journal’s Top 100 Independent P&C Agencies list, and #38 on Insurance Journal’s Top 50 Personal Lines Agencies list. For more information, please visit www.worldinsurance.com.
Jean Wiskowski, Chief Marketing Officer
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Mergers & Acquisitions Contact:
Bradley Unger, Senior Vice President, Business Development