World Insurance Associates, LLC
A U.S. insurance brokerage that grows chiefly by acquiring smaller independent agencies (a 'roll-up' strategy). It sells business and personal insurance, employee-benefits, and retirement/wealth advisory services, and is one of the fastest-growing brokerages in the country.
Company profile compiled from public sources (company filings, rating-agency reports, and press releases) — distinct from the SEC Schedule-of-Investments pricing data below.
Lenders
World Insurance Associates, LLC is held by 7 BDC lenders in our parsed SEC filings: AGTC, ARCC, BXSL, GBDC, MSDL, NCDL, SLRC.
Cross-lender loan pricing
Each row is one debt tranche at the BDC’s most recent filing that holds this borrower, widest spread first. Mark is the position’s fair value as a percent of par (100 = par). Spread is shown in basis points over the benchmark in the Rate column, normalized from each filing’s as-reported units — rows quoting different benchmarks are still not directly comparable. Compare like-for-like: a second-lien tranche, a different vintage, or an older filing should price wider even when the credit view is identical — check the Type and Filing columns before reading a gap as disagreement. Source: SEC EDGAR (public). Rows marked stale are from an earlier filing than the lender’s latest — the borrower is absent from its newest filing (exited, repaid, or reported under a different name).
| BDC | Type | Rate | Spread (bps) | Mark (% of par) | Fair Value | Maturity | Filing |
|---|---|---|---|---|---|---|---|
| AGTC | 1L Sr Secured | SOFR | 500 | 98.8 | $16M | 2030-04 | 2026-05-12 |
| ARCC | 1L Sr Secured | SOFR | 500 | 99.2 | $12M | 2030-04 | 2026-07-29 |
| BXSL | 1L Sr Secured | SOFR | 500 | 99.9 | $96M | 2030-04-03 | 2026-05-07 |
| GBDC | 1L Sr Secured | SOFR | 500 | 99.3 | $5M | 2030-04 | 2026-05-04 |
| MSDL | 1L Sr Secured | SOFR | 500 | 99.7 | $51M | 2030-04-03 | 2026-05-07 |
| MSDL | 1L Sr Secured | SOFR | 500 | — | -$4K | 2030-04-03 | 2026-05-07 |
| NCDL | 1L Sr Secured | SOFR | 500 | 98.8 | $14M | 2030-04-03 | 2026-05-07 |
| GBDC | 1L Sr Secured | — | — | -$2K | 2030-04 | 2026-05-04 | |
| SLRC | 1L Sr Secured | SOFR | 575 | 100.0 | $48M | 2026-04-01 | 2023-11-07 stale |
Marks reflect each BDC’s own fair-value estimates as reported to the SEC, not traded prices. Private-credit loans are predominantly Level 3 under ASC 820 — valued from unobservable inputs and determined in good faith by each BDC’s board, so figures are estimates as of the filing date and are not directly comparable across managers. Informational only; not investment advice or a valuation.
Ownership & deal activity
Verified headlines that signal an acquisition, merger, buyout, sponsor change, refinancing, or restructuring involving World Insurance Associates, LLC. A mention is not confirmation of a completed deal — verify against the linked source. Source: Google News.
- Rockville-Based Insurance Agency Acquired By World Insurance Associates
- World Insurance Associates acquires Maryland insurer
- World Insurance Associates Acquires Clarke Insurance of Mount Holly, N.J.
- World Insurance Associates acquires Clarke Insurance
- World Insurance Associates acquires ML Ruberton Agency and MLR Risk Management
Headlines mentioning World Insurance Associates, LLC
Public headlines that name World Insurance Associates, LLC, matched by company name and shown most-recent first. A mention is not an endorsement, a rating, or investment advice — verify anything material against the original source. Source: Google News.
- World Insurance Associates names Rob Erfurt as New Jersey market leader
- WORLD INSURANCE ASSOCIATES NAMES ROB ERFURT AS NEW NJ MARKET LEADER & NATIONAL INDUSTRY LEADER
- WORLD INSURANCE ASSOCIATES NAMES BETSEY MILORD AS NEW CHIEF BROKING OFFICER
- Rockville-Based Insurance Agency Acquired By World Insurance Associates
- World Insurance Associates acquires Maryland insurer
- World Insurance Associates Acquires Clarke Insurance of Mount Holly, N.J.
- Still Creek Insurance Joins World Insurance Associates
- World Insurance Associates acquires Clarke Insurance
Reading this table
When two business development companies lend to the same borrower, comparing how each marks the loan is a starting question, not a verdict. In plain English: a wider spread (e.g. S+575 vs S+525) or a lower mark (e.g. 96 vs 100 cents on the dollar) can mean that lender is pricing in more risk — but marks can also differ for reasons other than a credit view: a different tranche (second lien should price wider than first lien on the same company), a different vintage or entry point, an older filing date, or each manager’s own fair-value methodology. Compare like-for-like — check the Type and Filing columns before reading a gap as disagreement. Each row is one debt position at one BDC’s most recent filing. Source: SEC EDGAR Schedule of Investments (public).
Want to read these numbers like an analyst? Free Oxford Ledge lessons: reading a BDC’s Schedule of Investments, key credit metrics, and the Five Cs of credit analysis.