Affiliated Insurance Managers

What Affiliated Insurance Managers does

Affiliated Insurance Managers (AIM) is a regional insurance brokerage founded in 1937 and headquartered in West Warwick, Rhode Island, serving businesses and individuals across Southern New England. The firm operates as a licensed insurance broker, placing coverage with carriers on behalf of clients and earning commission-based compensation calculated as a percentage of premiums written, with potential supplemental volume and profitability-based compensation from insurers and intermediaries. Its product portfolio is anchored in commercial lines business insurance (with stated industry focus in Construction, Healthcare, Manufacturing, Real Estate, and Transportation) and extends to personal insurance, life insurance, risk services, employee benefits, retirement plan consulting, payroll and HR services, private client coverage, and wealth management.

In April 2024, AIM was acquired by World Insurance Associates LLC and now operates as a division of World, with Sean P. Daly, CPCU, continuing as President and CEO. The acquisition materially expanded AIM's addressable product set and carrier relationships, while the agency retains its brand identity, single physical office at 1350 Division Road in West Warwick, and direct-sales go-to-market model (phone-based and in-person consultations). Distribution remains sales-led and regional, with no proprietary technology platform, mobile application, or disclosed AI capabilities; digital customer engagement is handled through the parent company's MyWorld Connect portal, social media channels, and a content-driven Knowledge Center.

The business model is a transaction-fee brokerage: revenue is generated per policy placement rather than through subscription or SaaS mechanics, and pricing is quote-based and not publicly disclosed. The firm employs between 11 and 50 people, serves a primarily SMB/commercial customer base with a secondary individual/family segment, and has no disclosed patents, APIs, mobile applications, or external funding activity.

Name

Affiliated Insurance Managers

Legal name

World Insurance Associates LLC

Website

https://aiminsco.com

Company type

Private

Founded year

1937

Operating status

Acquired

Headcount range

11–50 employees

Short description

Affiliated Insurance Managers is a regional insurance brokerage founded in 1937 in West Warwick, Rhode Island, serving SMBs and individuals across Southern New England with commercial and personal insurance, and operating as a division of World Insurance Associates since April 2024.

Ownership category

akta.pro rank

Product category

Commercial Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Retail (Personal Lines) Insurance Brokerage (FSAEADAA)

akta.pro secondary industry

Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)

Keywords

• Commercial insurance brokerage
• Business insurance solutions
• Personal insurance coverage
• Employee benefits consulting
• Risk management services

Headquarters

HQ city

Warwick

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Insurance Brokerage Commissions: As a licensed insurance broker, the company earns commissions calculated as a percentage of the premium collected by insurers. Commissions are paid by insurers upon placement of insurance coverage. The company may also receive additional compensation from insurers and insurance intermediaries based on volume of business and/or profitability of insurance contracts supplied.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Affiliated Insurance Managers is a licensed insurance brokerage that places commercial and personal insurance coverage with carriers on behalf of businesses and individuals in Southern New England. Its primary offering is commercial lines business insurance, complemented by personal insurance, life insurance, employee benefits, retirement plan consulting, payroll & HR services, risk management, private client coverage, and wealth management. Since April 2024, the agency operates as a division of World Insurance Associates LLC, which extends its product set and carrier access.

Product overview

Affiliated Insurance Managers operates as a division of World Insurance Associates LLC, offering a unified platform of insurance products and services. Founded in 1937 and acquired in April 2024, the agency provides a portfolio centered on commercial lines Business Insurance alongside Personal Insurance, Life Insurance, and specialized Risk Services. The product line extends through World Insurance Associates offerings including Employee Benefits, Retirement Plan Consulting, Payroll & HR Services, Private Client coverage, and Wealth Management — enabling the agency to serve both business and individual customers with comprehensive insurance and financial solutions from a single organization.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Insurance Commercial lines insurance products providing competitive business insurance solutions for companies, with specific focus on Construction, Healthcare, Manufacturing, Real Estate, and Transportation industries.
• Personal Insurance Personal insurance coverage options helping individuals and families choose appropriate personal insurance coverage.
• Life Insurance Life insurance products offered as part of the comprehensive insurance portfolio for individuals and families.
• Risk Services Risk management and consulting services to help businesses identify, assess, and mitigate risks.
• Employee Benefits Employee benefits solutions including health insurance, retirement planning, and other workplace benefit programs.
• Retirement Plan Consulting Consulting services for employers regarding retirement plan options and strategies.
• Payroll & HR Services Payroll processing and human resources management services for businesses.
• Private Client High-net-worth personal insurance and wealth management services for private clients.
• Wealth Management Financial planning and wealth management services for individual clients.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• World Insurance AssociatescoreStrategic or Co-development Partner · 1 April 2024Affiliated Insurance Managers was acquired by World Insurance Associates in April 2024. As part of World Insurance Associates, AIM gains access to additional products and services to offer customers while maintaining their brand identity and customer service focus. The acquisition enables expanded insurance solutions including business insurance, employee benefits, retirement plan consulting, payroll & HR services, personal insurance, private client services, wealth management, and risk services.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Acrisure: Tech-enabled, roll-up-driven global insurance brokerage; overlapping commercial lines and benefits offerings with rapidly expanding Northeast presence via acquired agencies.
• Brown & Brown, Inc. National insurance brokerage with deep Northeast operations; comparable in offering commercial, personal, and benefits products and competing for the same regional SMB book.
• USI Insurance Services: Large national brokerage offering commercial, personal, employee benefits, and risk-management services — competing for mid-market and SMB accounts in New England with a substantially broader product set.
• Hub International: Major North American insurance brokerage built via roll-up of regional agencies; competes directly with AIM in commercial lines and benefits brokerage across the Northeast.
• Arthur J. Gallagher & Co. Global insurance brokerage and risk management firm with a substantial Northeast presence; overlaps with AIM across commercial lines, employee benefits, and risk services.
• Marsh McLennan Agency: Middle-market-focused brokerage arm of Marsh McLennan; competes for the same commercial lines and employee benefits accounts across New England with broader carrier access and consulting capabilities.

Direct peers

• World Insurance Associates: Parent organization and operating platform following the April 2024 acquisition. Provides the consolidated product suite (commercial lines, employee benefits, retirement, payroll/HR, private client, wealth management) and carrier relationships that AIM now sells under.

Regional players

• The Hilb Group: Mid-Atlantic/Northeast-focused commercial insurance brokerage built through roll-up M&A — directly comparable business model (acquire-and-integrate regional agencies) competing for similar commercial accounts in overlapping Northeast geographies.
• Starkweather & Shepley Insurance: Rhode Island-headquartered insurance brokerage with comparable New England commercial lines expertise, overlapping industry verticals and competing directly for the same Southern New England SMB accounts.
• Cross Insurance: New England-headquartered brokerage holding company operating a network of regional agencies — directly comparable footprint, SMB commercial focus, and personal lines book in the same Northeast territory as AIM.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/AIMInsCo
• Facebookfacebook.com/AIMInsCo
• LinkedInlinkedin.com/company/affiliated-ins.-mgrs.
• Instagraminstagram.com/worldinsuranceassociates

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Affiliated Insurance Managers