World Insurance Associates announced the acquisition of the Pellechio Family Agency business in Parsippany, New Jersey on May 1, 2026.
The Pellechio agency was founded in 2107. Offers business and personal insurance.
Terms of the deal were not disclosed.
Giordano, Halleran & Ciesla provided legal advice to World on this transaction. Castano Quigley Cherami provided legal counsel to Pellechio.
Isling, New Jersey-based World Insurance ranks No. 14 on Insurance Magazine’s list of 100 independent property/casualty insurance companies. The agency serves clients from more than 250 offices in the United States and United Kingdom
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New Jersey Mergers and Acquisitions
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