Worldwide Facilities Acquires Clearwater Underwriters, Inc.

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.

Worldwide Facilities Acquires Strategic Underwriting Solutions, LLC

June 10, 2020

Insurance

Worldwide Facilities, a national wholesale insurance broker and managing general agent, has acquired Strategic Underwriting Solutions, LLC (SUS), a medical stop-loss focused managing general underwriter. The acquisition brings stop-loss underwriting, program risk management and product development capabilities into Worldwide Facilities’ offering and marks its expansion into the Life & Health space from its core property & casualty business.

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.

Amwins Group Acquires Worldwide Facilities from Genstar Capital

April 2, 2021

Insurance

Amwins Group, Inc. has acquired Worldwide Facilities, the fourth-largest wholesale insurance broker in the U.S., from Genstar Capital. The deal expands Amwins' specialty insurance capabilities and West Coast footprint; Genstar rolled nearly all of its equity and remains a minority shareholder in the combined business.

Worldwide Facilities Acquires Benchmark Management Group

July 2, 2019

Insurance

Worldwide Facilities, a national wholesale insurance broker and MGA, has acquired Benchmark Management Group, a managing general agent and wholesale insurance broker with operations in the Chicago and Milwaukee metro areas. The deal expands Worldwide Facilities' MGA platform by broadening its geographic footprint and specialty product offering; Benchmark principals Tim and Shawn Makowski joined Worldwide Facilities. Marsh, Berry & Company served as financial advisor to Benchmark.

Genstar Capital to Become Investor in Worldwide Facilities as Lovell Minnick Exits

August 7, 2019

Insurance

Genstar Capital will become a new investor in Worldwide Facilities, a national wholesale insurance broker, as Lovell Minnick Partners exits its investment; financial terms were not disclosed. Headquartered in Los Angeles with more than 700 employees across 37 offices, Worldwide will partner with Genstar to pursue organic growth and strategic add-on acquisitions while enhancing its technology and product offerings; the deal was expected to close in Q3 2019.