On the same day it acquired a Kansas insurance agency, World Insurance Associates purchased Lock Insurance of Lakeland, Florida.
Lock Insurance, founded in 2004, offers personal and commercial coverage. Don Westerfeld is president. The agency is now known as Lock Insurance, a Division of World Insurance, according to the website. World Insurance already had two agency offices in the Tampa area.
Terms of the Lock deal, which closed in February, were not reported.
World Insurance, based in Iselin, New Jersey, is ranked among the 50 largest agencies. It has some 250 offices in the United States and the United Kingdom, handling commercial and personal lines, bonds, benefits, retirement and human resources products and service, the firm said in a news release. Specialty areas include agribusiness, aviation, cannabis, churches, construction and manufacturing.
Related: World Acquires Agency West in Kansas
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