Cubriel Insurance Agency Acquired by World Insurance Associates
World Insurance Associates, a Top 50 insurance brokerage firm based in Iselin, N.J., has acquired Cubriel Insurance Agency of Laredo, Texas. The acquisition took place on June 1, 2026, though the financial terms were not disclosed. Cubriel specializes in property and casualty (P&C) insurance with a balanced mix of commercial and personal lines. Noe Cubriel, President of Cubriel Insurance Agency, expressed enthusiasm about joining World to expand offerings for clients through additional products and services. Rich Eknoian, Executive Chairman and Founder of World, highlighted the strategic importance of this acquisition in strengthening their presence across Texas. Legal counsel was provided by Giordano, Halleran & Ciesla for World and Eduardo Romero, PLLC for Cubriel. World Insurance Associates operates over 250 offices nationwide and offers a wide range of services including insurance, employee benefits, wealth management, retirement plans, private client services, and payroll solutions. The acquisition is expected to enhance their ability to serve clients with tailored financial products.
Topics: Business Acquisition Insurance