World Insurance Associates Acquires Jersey Coast Insurance in NJ

World Insurance Associates has expanded its portfolio with the acquisition of Jersey Coast Insurance, located in Margate City, New Jersey. Finalized on October 1, 2025, this strategic move underscores World Insurance's commitment to enhancing their offerings across the insurance industry, although specific financial details remain undisclosed.

Jersey Coast Insurance, renowned for its expertise in personal and commercial insurance, focuses on coastal homes, condominiums, and flood risk management—often critical under regulatory compliance requirements. Stephen Popovich, president of Jersey Coast Insurance, expressed enthusiasm about the acquisition, highlighting opportunities to introduce enhanced AI-driven risk management products and services to their clientele.

This acquisition marks World Insurance's fifth in New Jersey since September. The company, headquartered in Iselin, New Jersey, ranks 14th on the Insurance Journal’s list of Top 100 Independent Property/Casualty Insurance Agencies. With over 300 offices in the U.S. and U.K., they effectively meet diverse client needs in underwriting, claims management, and regulatory compliance within the insurance sector.