World Insurance Associates LLC Acquires
United-American Insurance Center, Inc.
Sica | Fletcher advises United-American Insurance Center, Inc. (“UA”)
in its sale to World Insurance Associates LLC (“World”).
Overview of Transaction
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With history dating back to 1947, UA is a transportation insurance specialist located in Arlington Heights, Illinois.
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The Company specializes in servicing the trucking/transportation industry, including intermodal (rail yard), long haul and flatbed operations, dump truck operators, and large trucking fleets.
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In addition to transportation, UA has expertise with contractors, industrial wholesalers, and warehousing.
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UA agreed to partner with World Insurance Associates, a top 100 Independent Property/Casualty Agency.
Significance of Transaction
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The acquisition of UA provides World with an opportunity to penetrate the transportation market and cross-sell UA’s unique offerings to its existing client base.
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The partnership provides a growth strategy for UA to expand its already successful Intermodal program.
Sica | Fletcher's Role
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Sica | Fletcher was hired to serve as exclusive strategic and financial advisor to UA and explored multiple options for the firm before partnering with World.
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This transaction highlights Sica | Fletcher’s deep domain expertise in the insurance space, and strong relationship with top-tier investors.