Worldwide Facilities Acquires Strategic Underwriting Solutions, LLC

Worldwide Facilities Acquires Clearwater Underwriters, Inc.

August 4, 2020

Financial Services

Worldwide Facilities, a national wholesale insurance broker and managing general agent, has acquired Clearwater Underwriters, Inc., a surplus lines MGA based in Clearwater, Florida. The acquisition expands Worldwide Facilities' specialty programs offering—adding Clearwater's flood, professional liability and other personal and commercial lines expertise to its suite of program underwriting capabilities.

NSM Insurance Group Acquires Strategic Underwriters International

June 4, 2024

Insurance

NSM Insurance Group has completed the acquisition of Strategic Underwriters International (SUI), a Doylestown, Pennsylvania-based managing general agent (MGA) and leader in the facultative casualty reinsurance market. The deal expands NSM's specialty insurance capabilities in facultative casualty reinsurance and aims to leverage NSM's resources — including product development, technology systems and AI initiatives — to grow SUI's underwriting platform.

Worldwide Facilities Acquires Royal Oak Underwriters, Inc.

June 8, 2020

Insurance

Worldwide Facilities, a national wholesale insurance broker and program underwriter, acquired Royal Oak Underwriters, an excess and surplus lines insurance wholesaler based in Richmond, Virginia. The deal expands Worldwide Facilities’ geographic footprint and specialty product offerings across several East Coast states, strengthening its MGA/MGA distribution capabilities.

Risk Strategies Acquires Worldwide Assurance, Inc.

December 13, 2022

Insurance

Risk Strategies has acquired Worldwide Assurance, a health and benefits-focused retail agency founded in 2012; terms were not disclosed. The acquisition strengthens Risk Strategies' employee benefits specialty practice and adds capabilities and geographic reach to serve clients such as medical practices, higher education and professional services firms.

Worldwide Facilities Acquires Hunt Jorgensen, LLC

October 2, 2020

Insurance

Worldwide Facilities, a national wholesale insurance broker and program underwriter, has acquired Hunt Jorgensen, LLC, a Maywood, New Jersey-based managing general underwriter specializing in professional liability insurance programs (CPAGold™, LawGold™, AdvisersGold™, Firemark™). The acquisition expands Worldwide Facilities' professional liability product offering and brings Hunt Jorgensen's programs, clients and team into Worldwide Facilities' platform; Marsh, Berry & Company served as financial advisor to Worldwide Facilities.

Socius Insurance Services Acquires Kelly Underwriting Services, LLC

January 18, 2023

Financial Services

Socius Insurance Services, a San Francisco-based wholesale insurance broker backed by Abry Partners, has acquired the assets of Kelly Underwriting Services, LLC, a Farmingdale, New York-based managing general underwriter (MGU) focused on professional liability programs. Kelly will operate its dedicated underwriting platform independently while Socius provides additional corporate leadership and operational infrastructure to accelerate growth.