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World Insurance Associates buys Florida-based agency

Posted On: Jan. 4, 2022 3:22 PM CST


World Insurance Associates LLC said Tuesday it has acquired Southern Cross Insurance Solutions LLC, an Orlando, Florida-based agency specializing in coverage for birth centers and midwives.

Terms of the transaction were not disclosed.

Established in 2013, Southern Cross offers various commercial coverages, including a professional and general liability insurance policy created for birth centers and related health care professionals.

Tinton Falls, New Jersey-based World Associates is the 53rd largest brokerage of U.S. business, according to the latest Business Insurance ranking, with 2020 revenue of $77.9 million.