World Insurance Associates expands Arizona footprint

The deal will help strengthen the company's presence in the Southwest

World Insurance Associates expands Arizona footprint

Mergers & Acquisitions

By Josh Recamara

World Insurance Associates LLC has strengthened its presence in the Southwest with the acquisition of SilverLeaf Insurance Group of Scottsdale, Arizona, effective Sept. 1, 2025.

Financial terms of the deal were not disclosed. 

The deal represents another step in World Insurance's ongoing strategy of expanding its national footprint through targeted acquisitions of regional insurance agencies.

SilverLeaf brings multi-line expertise

Founded in 2009, SilverLeaf provides a broad portfolio of insurance products, including business, health, life and personal lines. The agency serves clients across multiple states and has built a reputation for delivering tailored coverage solutions, combining personalized services with comprehensive risk management strategies. 

Mark Gaudio, president of SilverLeaf, said the agency has focused on creating value through close client relationships while providing professional, integrity-driven service. He noted that joining World will allow SilverLeaf to offer clients additional products and services, enhancing protection and risk management solutions across all lines.

Strengthening World Insurance's national growth strategy

The acquisition follows a series of moves by World Insurance to expand both geographic reach and sector expertise. 

Earlier in 2025, World Insurance acquired Mossbrook & Hicks Insurance of New Jersey, as well as Van Syckel Insurance of Bound Brook. Its latest announced acquisition was The Fidella Agency of Lakewood, New Jersey.

Each acquisition added new market segments, from entertainment insurance and builders risk to commercial property, demonstrating World’s focus on diversification and multi-line expertise, the company said.

By integrating SilverLeaf, World Insurance increases its footprint in Arizona, enhancing its ability to serve both local and multi-state clients. The agency’s portfolio aligns with World’s commitment to providing comprehensive insurance solutions, including commercial, health, life, and personal coverage, while maintaining high service standards for clients.

Deals allow for wider access to product offerings

The deal reflects broader trends in the US insurance brokerage sector, where consolidation allows regional agencies to access expanded product offerings, technology platforms, and carrier relationships.

For clients, these acquisitions can mean more comprehensive coverage options, enhanced claims support, and more efficient service delivery.

Rich Eknoian, CEO and co-founder of World Insurance, welcomed SilverLeaf to the organization, emphasizing that the acquisition strengthens World’s presence in Arizona and positions the brokerage for continued growth.

Giordano, Halleran & Ciesla provided legal counsel, and Aprio advised World Insurance on the acquisition. Satin and Lee Law P.C. represented SilverLeaf. No other advisors or diligence firms were disclosed.

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