Overview of Transaction

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• Founded in 1937 and headquartered in Boston, MA, B. R. Alexander Company, Inc. (BRA) provides a wide range of business and personal insurance to individuals and companies in 25 states, with the large majority of customers located in Massachusetts and New England.

• BRA works with companies in a broad range of industries, including real estate, commercial marine, educational, financial and medical institutions, as well as non-profits.

• BRA agreed to partner with World Insurance Associates, a top 100 Independent Property/Casualty Agency.
   

Significance of Transaction​

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• The acquisition of BRA will provide World with an expanded geographic footprint in the northeast and a strong team of insurance professionals. 

• The combination of BRA’s expertise and World's resources and capabilities creates an exciting opportunity for both organizations. BRA will gain access to an expanded suite of insurance offerings and countless cross-selling opportunities with World’s national network of agency partners.

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Sica | Fletcher's Role

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• Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to BRA and explored multiple options for the firm before its decision to partner with World.

• This transaction highlights Sica | Fletcher's strong relationships with top-tier investors in the insurance sector.