Worldwide Facilities Acquires Benchmark Management Group

Worldwide Facilities Acquires Risk Management Advisory Group

December 4, 2019

Financial Services

Worldwide Facilities, a national wholesale insurance broker and managing general agent, has acquired Risk Management Advisory Group (RMAG), a managing wholesale broker focused on specialty personal and commercial lines in the U.S. Southeast. The deal expands Worldwide Facilities' geographic footprint and product offering, particularly in high-net-worth personal lines; financial advisor Marsh, Berry & Company served on the transaction.

Mercer Global Advisors Acquires Benchmark Wealth Management

September 3, 2024

Financial Services

Mercer Global Advisors (Mercer Advisors) has acquired Benchmark Wealth Management, a Registered Investment Adviser based in Old Lyme, Connecticut that oversees approximately $412 million in assets for more than 300 primarily high-net-worth clients. The deal expands Mercer’s presence in Connecticut and the Northeast while adding Benchmark’s high-net-worth financial planning and wealth management capabilities to Mercer’s national RIA platform.

Arthur J. Gallagher & Co. Acquires Benchmark Commercial Insurance Services

July 13, 2023

Insurance

Arthur J. Gallagher & Co. acquired Carlsbad, California-based Benchmark Commercial Insurance Services. The acquisition expands Gallagher's retail property/casualty brokerage presence in Southern California; Benchmark's principal Robert Cohen and his team will remain in place.

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 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.

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.