ISELIN, N.J. , Aug. 12, 2025 /PRNewswire/ -- World Insurance Associates LLC ("World"), a Top 50 Insurance Brokerage, announced today that it acquired the business of Abacus Insurance and Financial Services ("Abacus") of Irving, TX on April 1, 2025 . Terms of the transaction were not disclosed.

Abacus provides primarily commercial lines insurance to their clients, with some personal lines insurance. They have a niche in hotels/motels and convenience stores. The company was founded in 2016 by Rafiq Hassan , Abid Hassan , and Shahira "Saira" Somani. Ankit Patel became a partner in 2024.

"At Abacus we treat our clients with respect, honesty and humility," says Saira Somani , Co-Unit Leader, Abacus Insurance and Financial Services. "These are the core values that Abacus was

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