TINTON FALLS, NJ, October 28, 2015– World Insurance Associates LLC, a fast-growing independent insurance agency headquartered in Tinton Falls, NJ, today announced it has appointed Cathy Saporito as Senior Vice President, Head of Personal Lines. The company has also promoted Vice President, Jeff Kroeger, from Manager of the Hospitality Division to Head of Commercial Lines, including the Hospitality Division.
Cathy Saporito joins World Insurance Associates LLC from AIG, where she was a Senior Business Development Manager for AIG Premier with responsibilities for New Jersey and Eastern Pennsylvania. Ms. Saporito has worked on the agency side and the insurance company side and has been successful throughout her career at growing books of business at her companies.
Jeff Kroeger joined the World Insurance in June 2012 to manage the hospitality book of business and is the unit’s primary producer. Prior to joining the company, Mr. Kroeger was a Senior Claims Adjuster at Mercury Insurance Group. A resident of Hoboken, New Jersey and son of World Insurance Associates’ Partner Greg Kroeger, Jeff Kroeger is a graduate of Montclair State University with a degree in Criminal Justice and a minor in Business Administration. Mr. Kroeger was also named a 2015 Young Gun by Insurance Business America.
Commenting on the appointments of Ms. Saporito and Mr. Kroeger, World Insurance Associates Partner Phil Nisbet said, “We are thrilled that Cathy and Jeff are joining our executive team to lead and grow our Personal and Commercial Lines books of business. They both have proven track records of growth and are successful and experienced in their fields.”
World Insurance Associates LLC 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 10,000 customers from 12 offices in NJ, PA, NY, and MD. They have completed 11 acquisitions, have current run rate revenue over $9 million, and place more than $80 million per year in annual premiums. The company was recently named one of the 50 Fastest Growing Companies in New Jersey for 2015 by NJBIZ Magazine.
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