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Marine insurer buys Florida underwriter - Trade Only Today

Marine insurer buys Florida underwriter

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Total Dollar Yacht Insurance of Port Washington, N.Y., acquired World Marine Underwriters of Fort Lauderdale.

World Marine Underwriters is a marine insurance specialty agency that was founded by Harry Wardlow in 1960. Its main location is in Fort Lauderdale with a satellite office in Stuart, Fla. Total Dollar Yacht Insurance is a division of Total Dollar Management Effort Ltd., a full-service insurance agency that was founded in 1969. Its main operations are in Port Washington, N.Y., and there are additional offices in Florida, Texas and New Jersey.

World Marine Underwriters will continue to operate as a division of Total Dollar Yacht Insurance and offer an extended portfolio of products, including the marine, personal, commercial and professional insurance markets.

“We are excited about the opportunity that the acquisition of World Marine Underwriters brings to us and look forward to continuing the first-rate operation that Harry Wardlow has developed over his distinguished career,” Total Dollar’s Arthur H. Buhr III said in a statement.

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