Baldon Insurance Group Acquired by World Insurance Associates | Financial Services M&A Deal

World Insurance Associates has completed the acquisition of Baldon Insurance Group, a insurance brokerage business in New York, for $4 billion. Baldon Insurance Group, based in Patchogue, serves commercial clients including hospitality operators, real estate investors, and construction-related businesses, providing complex insurance solutions. World Insurance Associates acquisitions expand downstate New York capabilities through this add on acquisition, strengthening coverage expertise in key regional sectors. The strategic acquisition is an add-on deal announced in 2026 with undisclosed terms, supporting financial services M&A growth and NY acquisitions for the broker’s platform.