Bafumi Insurance Agency

Bafumi Insurance Agency, based in the US, specializes in providing a wide array of insurance solutions tailored for individuals, families, and businesses, ensuring comprehensive coverage and personalized service to meet diverse needs. Bafumi Insurance Agency, now part of World Insurance Associates, offers insurance services focused on various sectors. The agency's headquarters is located in Connecticut, US. In August 2025, World Insurance Associates, LLC, a portfolio company of Goldman Sachs Asset Management and Charlesbank Capital Partners, acquired Bafumi Insurance Agency.

Bafumi Insurance Agency, operating under World Insurance Associates, provides an extensive range of insurance products, including auto, home, life, health, employee benefits, and commercial insurance. Their approach emphasizes personalized service, ensuring that policies are competitively priced and effectively address client needs. Their client base spans Connecticut, serving various customers from first-time homeowners to established businesses. Bafumi Insurance Agency generates revenue through commissions on insurance premiums paid by clients.

The agency engages directly with consumers and businesses, assessing their needs and presenting tailored policy options. This commission structure is consistent across all product offerings, including life and health insurance plans, with revenue closely tied to the volume and value of policies sold. Following the acquisition in August 2025, Bafumi Insurance Agency plans to leverage the resources of World Insurance Associates, LLC to expand its reach within the Connecticut insurance market. The acquisition is set to enhance service offerings and support the development of new insurance products aimed at meeting evolving market demands.