Worldwide Facilities Acquires Hunt Jorgensen, 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.

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 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.

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.

Arthur J. Gallagher & Co. Acquires Hunt Insurance Group

December 5, 2023

Insurance

Arthur J. Gallagher & Co. (Gallagher) has acquired Palos Heights, Illinois-based Hunt Insurance Agency, Inc., dba Hunt Insurance Group; terms were not disclosed. Hunt is a retail property/casualty agency specializing in labor unions and associated benefit funds across the Midwest — the Hunt leadership team will remain in place and operate under Gallagher's Midwest region retail property/casualty brokerage led by Ryan Isaacs.

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.