Sell Your Insurance Agency in New Jersey
Who is buying insurance agencies in New Jersey
Named insurance acquisitions we have recorded in New Jersey
Insurance agencies in New Jersey that already have an outside owner
Found by DealSeam's own research, not just press releases. Each company is listed on its owner's website, says so on its own website, now redirects to its owner, or was confirmed owned in DealSeam's September 2026 ownership screen. Many of these sales were never announced.
- World Insurance Associates lists 23 locations in New Jersey · Source ↗
| Company | City | Owned by | How we know |
|---|---|---|---|
| A Berne Insurance | Old Bridge | World Insurance Associates | announcement ↗ |
| Acadia Professional | Morristown | OneDigital | announcement ↗ |
| Advanced Benefits Concepts | Cherry Hill | OneDigital | announcement ↗ |
| Airways International Insurance Services | Mickleton | World Insurance Associates | announcement ↗ |
| Alamo Insurance Services | Toms River | World Insurance Associates | announcement ↗ |
| Amato Insurance Agency | Neptune | World Insurance Associates | announcement ↗ |
| American Truck Insurance Exchange | Manasquan | Hilb Group | announcement ↗ |
| Arctic Risk Specialists | Toms River | World Insurance Associates | announcement ↗ |
| Benefit Foundations | Parsippany | Hilb Group | announcement ↗ |
| Broad Reach Benefits | Madison | Alera Group | announcement ↗ |
| C. Walter Searle Insurance Agency | Nutley | World Insurance Associates | announcement ↗ |
| CRISP Insurance Advisors | — | Alera Group | announcement ↗ |
| Calhoun Agency | Haddonfield | World Insurance Associates | announcement ↗ |
| Campisano Insurance Agency | Kearny | Hilb Group | listed on Hilb Group's website ↗ |
| Capstone Insurance Services | — | Alera Group | announcement ↗ |
| Clarke Insurance | Mount Holly | World Insurance Associates | announcement ↗ |
| Coe-Brooke Insurance Agency | Point Pleasant | World Insurance Associates | announcement ↗ |
| Collier O’Neill & Associates | Trenton | World Insurance Associates | announcement ↗ |
| Conner Strong & Buckelew | Camden | BroadStreet Partners | its own website says so ↗ |
| Conover Beyer Associates Insurance | Manasquan | King Risk Partners | announcement ↗ |
| Couch Braunsdorf Insurance Group | Liberty Corner | ALKEME Insurance | listed on ALKEME Insurance's website ↗ |
| Coverage Specialists | Pompton Plains | World Insurance Associates | announcement ↗ |
| Customized Benefit Solutions | Hightstown | Alera Group | announcement ↗ |
| Dunhour Agency | Haddonfield | World Insurance Associates | announcement ↗ |
| Duryea Agency | — | Alera Group | announcement ↗ |
| E&K Insurance Group | Eatontown | World Insurance Associates | announcement ↗ |
| E.B. Cohen Insurance and Risk Management | Roseland | Hilb Group | listed on Hilb Group's website ↗ |
| Erich Courant & Co. | Maywood | Alera Group | announcement ↗ |
| FIRM | Mahwah | Alera Group | announcement ↗ |
| Fairways Insurance Services | Cinnaminson | World Insurance Associates | announcement ↗ |
| Fidens Insurance Brokers | Red Bank | King Risk Partners | announcement ↗ |
| Fieldstone Insurance | Glen Rock | Highstreet Insurance Partners | listed on Highstreet Insurance Partners's website ↗ |
| Gateway Agency National | Highlands | World Insurance Associates | announcement ↗ |
| HTK/Hunt Traina Kennard Insurance Agency | Tinton Falls | World Insurance Associates | announcement ↗ |
| Harry Herbst & Associates | Morganville | World Insurance Associates | announcement ↗ |
| Heist Insurance Agency | Ocean City | Alera Group | announcement ↗ |
| Hudson Shore Group | Red Bank | Marsh McLennan Agency | announcement ↗ |
| Inman Kircher McBride Agency | Harvey Cedars | World Insurance Associates | announcement ↗ |
| Insure Big Rig | Califon | World Insurance Associates | announcement ↗ |
| J. Stine Agency | Little Silver | World Insurance Associates | announcement ↗ |
| JF Murray Co. | Point Pleasant | World Insurance Associates | announcement ↗ |
| Jacobson Professional Insurance | West Orange | ALKEME Insurance | listed on ALKEME Insurance's website ↗ |
| James A. Connors Associates | Morristown | World Insurance Associates | announcement ↗ |
| Jersey Coast Insurance | Margate City | World Insurance Associates | announcement ↗ |
| John Cecchettini Agency | South Plainfield | World Insurance Associates | announcement ↗ |
| Joseph A. Britton Agency | Mountainside | World Insurance Associates | announcement ↗ |
| KK Insurance Agency | Neptune | World Insurance Associates | announcement ↗ |
| Katz/Pierz | Cherry Hill | World Insurance Associates | announcement ↗ |
| LG Insurance | Long Branch | ALKEME Insurance | announcement ↗ |
| Links Insurance Services | Wall | World Insurance Associates | announcement ↗ |
| Lubowicki Insurance Agency | Metuchen | World Insurance Associates | announcement ↗ |
| M. Adams & Associates | Hazlet | World Insurance Associates | announcement ↗ |
| ML Ruberton Agency | Hammonton | World Insurance Associates | announcement ↗ |
| MLR Risk Management | Hammonton | World Insurance Associates | announcement ↗ |
| Marino Agency | Mt. Ephraim | World Insurance Associates | announcement ↗ |
| Maximum Benefit Insurance Agency | Saddle Brook | World Insurance Associates | announcement ↗ |
| MedNET Financial | Watchung | World Insurance Associates | announcement ↗ |
| Michael F. Iacangelo & Company | Belleville | World Insurance Associates | announcement ↗ |
| Mossbrook & Hicks Insurance Agency | Cape May Court House | World Insurance Associates | announcement ↗ |
| New Agency Partners | Parsippany | Hilb Group | listed on Hilb Group's website ↗ |
| Osborn Insurance Agency | Brick | Trucordia | listed on Trucordia's website ↗ |
| P.A. Post Agency | Woodcliff Lake | Hilb Group | listed on Hilb Group's website ↗ |
| Pearl Insurance Agency | Cranford | King Risk Partners | announcement ↗ |
| Pellechio Family Agency | Parsippany | World Insurance Associates | announcement ↗ |
| Premier Benefit Solutions | Wayne | OneDigital | announcement ↗ |
| PriMed Consulting | Howell | Hilb Group | listed on Hilb Group's website ↗ |
| Professional Insurance Associates | Carlstadt | World Insurance Associates | announcement ↗ |
| RBC Insurance Associates | Somerset | Hilb Group | listed on Hilb Group's website ↗ |
| RDA Benefit Services | — | Insurance Office of America (IOA) | announcement ↗ |
| Rampart Agency | Fort Lee | Hilb Group | listed on Hilb Group's website ↗ |
| Robert Wilkens Insurance Agency | Bogota | World Insurance Associates | announcement ↗ |
| SAS Insurance Agency | Kearny | World Insurance Associates | announcement ↗ |
| Shield Insurance Services | Freehold | World Insurance Associates | announcement ↗ |
| Skylands Insurance Group | Flanders | World Insurance Associates | announcement ↗ |
| Strategic Insurance Partners | Nutley | Keystone Agency Partners | listed on Keystone Agency Partners's website ↗ |
| Szerlip & Company | Millburn | World Insurance Associates | announcement ↗ |
| TE Freuler | Somerset | World Insurance Associates | announcement ↗ |
| The Fidella Agency | Lakewood | World Insurance Associates | announcement ↗ |
| The Poppe Agency | Metuchen | World Insurance Associates | announcement ↗ |
| True & Associates | Westfield | World Insurance Associates | announcement ↗ |
| United Counties Insurance Group | Old Bridge | World Insurance Associates | announcement ↗ |
| VIA Insurance Agency | Holmdel | King Risk Partners | announcement ↗ |
| Van Syckel Insurance | Bound Brook | World Insurance Associates | announcement ↗ |
| W.F. Clayton | Woodcliff Lake | Hilb Group | listed on Hilb Group's website ↗ |
| Wharton/Lyon & Lyon | Florham Park | ALKEME Insurance | listed on ALKEME Insurance's website ↗ |
| William H. Connolly & Co. | Montclair | Hilb Group | listed on Hilb Group's website ↗ |
| William P. Smart Associates | Fairfield | World Insurance Associates | announcement ↗ |
| Wm. G. Palermo | Linden | World Insurance Associates | announcement ↗ |
| Zodiac Insurance Services | Shamong | World Insurance Associates | announcement ↗ |
Headquartered in New Jersey: World Insurance Associates (Iselin, NJ).
| Platform | Owner / backer | Type | Headquarters | Scale | |
|---|---|---|---|---|---|
| BroadStreet Partners | Ontario Teachers' Pension Plan (significant co-control stake) and an investor group led by Ethos Capital, BCI and White Mountains Insurance Group | Private equity | Columbus, OH | 30+ Core Partners; 550+ tuck-in acquisitions to date; more than 800 agency professionals with equity | Source ↗ |
| HUB International | Hellman & Friedman (controlling); Altas Partners and Leonard Green & Partners (significant minority); a 2025 minority round led by T. Rowe Price, Alpha Wave Global and Temasek | Private equity | Chicago, IL | More than 19,000 employees (2025 releases); more than 600 acquisitions (WealthManagement.com, Sep 2026) | Source ↗ |
| Inszone Insurance Services | BHMS Investments (since 2020) and Lightyear Capital (since 2023) | Private equity | Sacramento, CA | Offices in 25 states (listed in its Sep 2026 release) | Source ↗ |
| World Insurance Associates | Charlesbank Capital Partners and Goldman Sachs Asset Management (co-lead investors), with management and employee shareholders | Private equity | Iselin, NJ | Not disclosed (describes itself as a Top 50 insurance brokerage) | Source ↗ |
| Keystone Agency Partners | Warburg Pincus (majority); Bain Capital (minority, via Bain Capital Insurance) | Private equity | Mechanicsburg, PA | 28 Platform Partners and over 350 independent network partners (Jul 2025) | Source ↗ |
| Leavitt Group | Privately held (Leavitt Group Enterprises), co-owning its agencies with local owners | Strategic / family-owned | Cedar City, UT | 80+ agencies and 290+ locations across 31 states | Source ↗ |
| ALKEME Insurance | GCP Capital Partners (control, via a 2025 continuation vehicle anchored by Apollo S3), with management | Private equity | Ladera Ranch, CA | Over 90 locations in 30 states; over 80 acquisitions since 2020 (Jul 2026) | Source ↗ |
| Highstreet Insurance Partners | Abry Partners (invested 2021; portfolio status: Current) | Private equity | Traverse City, MI | 350+ local offices across the U.S.; 200+ acquisitions | Source ↗ |
| King Risk Partners | Lightyear Capital and BHMS Investments (Apr 2025 recapitalization), with management | Private equity | Gainesville, FL | 36th largest U.S. insurance brokerage (per its Sep 2026 release) | Source ↗ |
| Acrisure | Founder-led (Chairman and CEO Greg Williams), with outside investors; its 2025 $2.1B round was led by Bain Capital, with Fidelity, Apollo Funds, Gallatin Point Capital and BDT & MSD Partners (BDT & MSD is the largest minority shareholder) | Private equity | Grand Rapids, MI | Over 19,000 colleagues in 23 countries; about 900 acquisitions | Source ↗ |
| Arthur J. Gallagher & Co. | Publicly traded (NYSE: AJG) | Strategic / public | Rolling Meadows, IL | Approximately 130 countries through owned operations and a network of correspondent brokers | Source ↗ |
| Alera Group | Genstar Capital (founding sponsor); Carlyle led a $150M preferred investment in 2020 | Private equity | Deerfield, IL | Not disclosed | Source ↗ |
| Trucordia | Carlyle (a $1.3B Global Credit strategic investment, Jun 2025) and HGGC (per OPTIS) | Private equity | Lindon, UT | More than 5,000 team members across the U.S. | Source ↗ |
| OneDigital | Stone Point Capital and CPP Investments (majority, closed Dec 4, 2025); Onex Partners (significant minority) | Private equity | Atlanta, GA | Offices in most major markets across the nation | Source ↗ |
| Marsh McLennan Agency | Marsh (NYSE: MRSH) | Strategic / public | White Plains, NY | Not disclosed for MMA; its parent Marsh reports more than 95,000 colleagues | Source ↗ |
| Patriot Growth Insurance Services | GI Partners and Summit Partners | Private equity | Fort Washington, PA | 2,100+ professionals in 160+ locations across 29 states | Source ↗ |
| Heffernan Insurance Brokers | Employee-owned since its 1988 founding | Employee-owned (ESOP) | Walnut Creek, CA | Approximately 600 staff, with offices coast-to-coast | Source ↗ |
| Hilb Group | The Carlyle Group | Private equity | Richmond, VA | More than 200 acquisitions; over 125 offices in 32 states | Source ↗ |
| USI Insurance Services | KKR and other shareholders; pending sale to Aon plc | Private equity | Valhalla, NY | More than 10,500 team members across nearly 200 U.S. offices | Source ↗ |
| Brown & Brown | Publicly traded (NYSE: BRO) | Strategic / public | Daytona Beach, FL | 700+ locations and more than 23,000 professionals (after the Accession deal) | Source ↗ |
| Relation Insurance Services | BayPine (agreed to buy it from Aquiline on Feb 18, 2026) | Private equity | Chicago, IL | Approximately 1,450 employees across more than 90 locations nationwide | Source ↗ |
| Higginbotham | Employee-owned; Stone Point Capital holds a minority stake (since 2009; portfolio status Current) | Employee-owned (ESOP) | Fort Worth, TX | Not disclosed; over 130 partnerships acquired since 2009 (Stone Point, Nov 2025); ranked the 18th-largest U.S. independent brokerage by revenue (Aug 2025 release) | Source ↗ |
| Insurance Office of America (IOA) | Madison Dearborn Partners and Navacord (new investors, Oct 2025), alongside IOA's producers and employees | Private equity | Longwood, FL | Over 60 offices in the U.S. | Source ↗ |
Ownership verified October 6, 2026. See every platform's recent deals in the Insurance roll-up tracker →
How many insurance agencies and brokerages are in New Jersey
The Census Bureau counted 2,588 insurance agencies and brokerages in New Jersey in 2023, ranking 18th of 50 states. 66% had fewer than five employees and 93% had fewer than 20. 70 had 50 or more.
| Employees | Establishments | Share |
|---|---|---|
| Fewer than 5 | 1,711 | 66% |
| 5 to 9 | 459 | 18% |
| 10 to 19 | 225 | 9% |
| 20 to 49 | 123 | 5% |
| 50 or more | 70 | 3% |
Source: U.S. Census Bureau, County Business Patterns 2023 ↗ (NAICS 524210). An establishment is a single physical location, so an owner with three locations counts three times.
What an insurance agency in New Jersey is worth
Insurance agencies typically sell for 4.3x-11x EBITDA, or 2.9x-4.3x SDE for smaller owner-operated insurance agencies, with most deals in the ~$0.5M median for small agencies (BizBuySell: $497,500 median sale price, 2021-2025); larger deals rarely disclose price range. These are published industry ranges from Peak Business Valuation, BizBuySell and others, not an appraisal of your agency.
What buyers pay more for
- +Organic growth and strong margins
- +High client retention
- +Specialty or niche expertise
- +Operational depth beyond the owner
What buyers discount
- -Owner-dependent book of business
- -Weak client retention
- -Commoditized personal lines
- -Competition from larger brokers
How selling through DealSeam works
A confidential conversation
We learn about your agency and what you want from a sale. Nothing is listed publicly.
Introductions where there is a fit
Where a qualified buyer fits your agency, we introduce you, and only after you approve it.
You decide
You choose whether to go further, on your own timeline. Sellers pay nothing; the buyer pays our fee if a deal closes.
Selling an insurance agency in New Jersey: common questions
How much is an insurance agency in New Jersey worth?
Insurance agencies typically sell for 4.3x-11x EBITDA, or 2.9x-4.3x SDE for smaller owner-operated insurance agencies, with most deals in the ~$0.5M median for small agencies (BizBuySell: $497,500 median sale price, 2021-2025); larger deals rarely disclose price range. Buyers tend to pay more for organic growth and strong margins, high client retention, specialty or niche expertise and operational depth beyond the owner, and less where they see owner-dependent book of business, weak client retention, commoditized personal lines and competition from larger brokers. These are industry-wide ranges from Peak Business Valuation, BizBuySell and others, not an appraisal of your agency.
Who is buying insurance agencies in New Jersey?
Recent named deals in New Jersey include Conover Beyer Associates Insurance (acquired by King Risk Partners, Sep 2026) and Van Syckel Insurance (acquired by World Insurance Associates, Aug 2025). Nationally, the largest groups consolidating insurance agencies include BroadStreet Partners (Ontario Teachers' Pension Plan and an investor group led by Ethos Capital, BCI and White Mountains Insurance Group), HUB International (Hellman & Friedman) and Inszone Insurance Services (BHMS Investments and Lightyear Capital); 17 of the 23 platforms we track are private-equity-backed. Our own research found 89 insurance agencies in New Jersey already owned by these platforms, including A Berne Insurance (World Insurance Associates), Acadia Professional (OneDigital) and American Truck Insurance Exchange (Hilb Group).
How many insurance agencies and brokerages are there in New Jersey?
The Census Bureau's County Business Patterns counted 2,588 insurance agencies and brokerages in New Jersey in 2023, ranking 18th of 50 states. 66% had fewer than five employees, 93% had fewer than 20, and 70 had 50 or more.
Does it cost anything to sell through DealSeam?
No. Sellers pay nothing. When a deal closes, the buyer pays DealSeam's fee. There is no listing fee and no retainer.
Will my employees or customers find out I'm thinking about selling?
No. Nothing is listed publicly, and your details go to a buyer only after you approve that introduction.
Selling another kind of business in New Jersey?
Selling an insurance agency in another state?
Thinking about selling your insurance agency?
DealSeam works confidentially with owners to understand their options and, where there's a fit, introduces them to qualified buyers, at no cost to sellers.
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Sources
Valuation multiples are published ranges from Peak Business Valuation — Insurance Agency Valuation Multiples (SDE), Peak Business Valuation — Insurance Agency Valuation Multiples (EBITDA), BizBuySell — Insurance Agency Business Valuation Benchmarks and MarshBerry — Today's ViewPoint (Jul 23, 2025). Establishment counts are from the U.S. Census Bureau, County Business Patterns 2023 (NAICS 524210). Platform ownership comes from each platform's own or press sources, verified October 6, 2026. Companies listed as already owned come from DealSeam's own research: the owner's website, the company's own website, a domain redirect, or a source found in our September 2026 ownership screen, each re-checked before publishing. Named acquisitions are the deals we have recorded from public announcements, each linked to its source; they are not every deal in the state. Ownership in this sector changes often. None of this is investment, legal or tax advice.