New Jersey-based dealer World Insurance coverage Associates experiences it has acquired Sumner & Sumner, Inc., an Insurance coverage company in Willimantic, Connecticut.
Phrases of the transaction weren’t disclosed.
Sumner & Sumner started in 1851 because the A.W. Jillson Insurance coverage Company. The company was then bought by A.B. Adams in 1862. Ultimately, new expertise was introduced into the company, with George Elliot and Stanley Sumner becoming a member of the agency in 1926. Later, Summer season’s brother Homer purchased Elliot’s curiosity, and in 1947 the company took on the title Sumner & Sumner. At present, Sumner & Sumner affords private and business insurance coverage, in addition to monetary merchandise and advantages .
World Insurance coverage Associates LLC has accomplished 140 acquisitions.
Matters
Mergers
Connecticut
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