World Insurance buys bank-owned brokerage
- October 27, 2025
- Posted by: Web workers
- Category: Finance
World Insurance Associates LLC said Thursday it has acquired First International Insurance, a division of Watford City, North Dakota-based First International Bank & Trust.
Terms were not disclosed.
FI Insurance specializes in coverage for contractors, contractors bonds, trucking, oil and gas manufacturing, hospitality and agriculture, World Insurance said in a statement.
The agency has 12 offices in North Dakota, Minnesota and Arizona.
The deal is one of several that Iselin, New Jersey-based World Insurance announced recently. Last week, it said it had acquired United Counties Insurance Group, a commercial and personal lines agency in Old Bridge, New Jersey.
Earlier this month, the brokerage said it had bought four Louisiana-based agencies: The Firm of Louisiana P&C and McFatter Insurance Agency Inc. in Lake Charles; Insure Plus LLC in Baton Rouge; and The Firm of Cenla in Alexandria. In addition, it bought Creek Risk Management LLC in Houston.
World Insurance is the 27th-largest broker of U.S. business, according to Business Insurance’s most recent ranking.
