About Worldwide Facilities
Worldwide Facilities is a Financial Services company based in Los Angeles (United States) founded in 1970, and was acquired by Amwins in March 2021. Wholesale specialty insurance products and services are distributed. Worldwide Facilities has raised $169 million across 1 funding round from investors including Amwins and Lovell Minnick Partners. Worldwide Facilities has completed 12 acquisitions, including Benchmark Management Group, Clearwater Underwriters and Draco Insurance Solutions. Worldwide Facilities offers products and services including Specialty Insurance Brokerage and Underwriting Programs. Its focus areas include Insurance Distribution, Wholesale and Property & Casualty. Its legal entity is Amwins, Inc.
Company details
Provider of wholesale specialty insurance products and services. It distributes property, casualty, group benefits, and reinsurance products. Value-added services include product development, underwriting, premium and claims administration, and actuarial services. The company supports brokers and consultants by expanding product and service offerings and providing access to specialty benefit insurance products and services, robust benefit administration, and program management. It also offers binding platforms for small businesses and handles difficult placements and unique opportunities across all lines. The firm utilizes technology to streamline processes and leverage data analytics for tailored coverage solutions.
- Total Equity Funding$169M (USD)
in 1 rounds
- Latest Funding Round$169M (USD), Private Equity Round
Jul 2015
- InvestorsAmwins
& 1 more
- Investments & AcquisitionsBenchmark Management Group
& 11 more
- Acquired byAmwins
(Mar 2021)
Products & Services of Worldwide Facilities
Worldwide Facilities offers a comprehensive portfolio of products and services, including Specialty Insurance Brokerage and Underwriting Programs.
Brokerage services are provided for excess and surplus lines, handling difficult placements across various lines of insurance
Underwriting services are offered for MGA specialty programs and global risks, utilizing data analytics to deliver tailored coverage solutions
Funding Insights of Worldwide Facilities
Worldwide Facilities has successfully raised a total of $169M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $169 million completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $169M
- Total Rounds 1
- Last Round Private Equity Round — $169M
- First Round $169M
(Jul 2015)
- Investors Count 1
All 1 funding rounds of Worldwide Facilities with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2015 | $169M | Private Equity Round | – | Lovell Minnick Partners | – |
2 investors in total: 2 institutional.
Investors in Worldwide Facilities
Worldwide Facilities has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Amwins and Lovell Minnick Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are focused on America and Europe. | 1999 | lmpartners.com | Radnor, United States | |
Property and casualty insurance services are provided by Amwins. | 2001 | amwins.com | Charlotte, United States |
Investor details for Worldwide Facilities
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Worldwide Facilities
Worldwide Facilities has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Benchmark Management Group, Clearwater Underwriters and Draco Insurance Solutions.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Diversified insurance brokerage services are provided to various clients. | jorgensenandcompany.com | Maywood, United States | 1994 | Oct 2020 | •••• | |
Home, flood, personal, and commercial insurance underwriting services are provided. | cuifla.com | Clearwater, United States | 1991 | Aug 2020 | •••• | |
Luxury watches, diamonds, and jewelry are retailed across price points. | strategicunderwritingsolutions.com | Green Bay, United States | 2006 | Jun 2020 | •••• | |
Insurance underwriting services are provided for various risks. | royaloakunderwriters.com | Richmond, United States | 1989 | Jun 2020 | •••• | |
Insurance brokerage and risk management services are provided to clients. | rmaggroup.org | Miami, United States | 0 | Nov 2019 | •••• | |
Facility management services are provided by Benchmark Management Group. | bmgins.com | Waukesha, United States | 1990 | Jul 2019 | •••• | |
Insurance brokerage services are provided from Boston, United States. | dracoinsurance.com | Boston, United States | 2009 | Oct 2018 | •••• | |
Insurance brokerage services are provided in the United States. | ric-ins.com | Santa Rosa, United States | 1968 | May 2018 | •••• | |
Wholesale insurance brokerage and underwriting services are provided. | gjs.com | Los Angeles, United States | 1933 | Apr 2018 | •••• | |
Wholesale property and casualty insurance brokerage is offered. | tennant.com | West Hartford, United States | 1987 | Apr 2018 | •••• |
Complete acquisition details for Worldwide Facilities
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Worldwide Facilities
13 dated milestones of Worldwide Facilities across 51 years, from founding to its latest funding, stage changes and deals.
- Founded Worldwide Facilities is founded.
- Funding First funding round of $169.0M.
- Acquisition Acquires Tennant Risk Services.
- Acquisition Acquires GJS.
- Acquisition Acquires RIC Insurance General Agency.
- Acquisition Acquires Draco Insurance Solutions.
- Acquisition Acquires Benchmark Management Group.
- Acquisition Acquires Risk Management Advisory Group.
- Acquisition Acquires Royal Oak Underwriters.
- Acquisition Acquires Strategic Underwriting Solutions.
- Acquisition Acquires Clearwater Underwriters.
- Acquisition Acquires Jorgensen & Company.
- Exit Acquired by Amwins.
Top companies in Insurance & Risk Management
3 companies that operate in the same segment as Worldwide Facilities (Insurance & Risk Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | |||
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States |
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Frequently Asked Questions about Worldwide Facilities
Worldwide Facilities was founded in 1970 and raised its 1st funding round 45 years after it was founded.
Worldwide Facilities is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Worldwide Facilities is a funded company, having raised a total of $169M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $169M, raised on Jul 2015.
Provider of wholesale specialty insurance products and services. It distributes property, casualty, group benefits, and reinsurance products. Value-added services include product development, underwriting, premium and claims administration, and actuarial services. The company supports brokers and consultants by expanding product and service offerings and providing access to specialty benefit insurance products and services, robust benefit administration, and program management. It also offers binding platforms for small businesses and handles difficult placements and unique opportunities across all lines. The firm utilizes technology to streamline processes and leverage data analytics for tailored coverage solutions.
Worldwide Facilities offers Specialty Insurance Brokerage and Underwriting Programs.
Worldwide Facilities has made 12 acquisitions, including Benchmark Management Group, Clearwater Underwriters, and Draco Insurance Solutions.
Worldwide Facilities has 2 investors. Key investors include Amwins, and Lovell Minnick Partners.
Worldwide Facilities operates through Amwins, Inc.
Yes. Worldwide Facilities was acquired by Amwins in March 2021.