Worldwide Facilities Acquires Royal Oak Underwriters, Inc.

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 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.

World Insurance Associates Acquires Oakwood Insurance Agency (Insure Big Rig)

October 11, 2023

Insurance

World Insurance Associates LLC ("World"), a national insurance brokerage, acquired the business of Oakwood Insurance Agency, LLC (dba Insure Big Rig) of Califon, New Jersey on October 1, 2023. The acquisition brings Oakwood's trucking insurance expertise and customer base into World’s national platform; terms were not disclosed.

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.