March 11, 2020
World Insurance Associates Acquires
Lewis-Chester Associates, Inc. of Summit, NJ
TINTON FALLS, NJ -- World Insurance Associates LLC (WIA) announced
that it acquired Lewis-Chester Associates, Inc. of Summit, New Jersey on
February 1, 2020. Terms of the transaction were not disclosed.
Founded in 1947, Lewis-Chester Associates, Inc. is a full service,
independent insurance agency providing insurance, benefits, and financial
services for a wide spectrum of clients. The Agency has over seven decades of
experience serving contractors, real estate developers, manufacturers, publicly
financed housing developments, professional associations, business owners and
entrepreneurs, nonprofit organizations, and individuals and families.
Lewis-Chester Associates has niche expertise in insuring the New
York-metropolitan commercial real estate marketplace and has developed an
exclusive multi-family, affordable apartment, and independent living senior
apartment umbrella program.
“Bill Frankel and the team at Lewis-Chester Associates, Inc. have
built a solid reputation on their ability to build and maintain their clients’
confidence and trust, and we welcome that level of expertise and service to our
organization,” said Rich Eknoian, CEO and Co-Founder of World Insurance Associates
LLC.
Bill Frankel, President of Lewis-Chester Associates, stated,
“Throughout the years we have helped our clients grow and have grown along with
them, and merging with World Insurance Associates will allow us to continue to
do so on a larger scale with more resources.”
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