Amwins Group, Inc. Completes Acquisition of Worldwide Facilities
PR Newswire
April 2, 2021 /PRNewswire/ Amwins Group, Inc. (
Amwins ), a global distributor of specialty insurance products and services, announced it has completed the acquisition of Worldwide Facilities ( Worldwide ), the fourth-largest wholesale broker in the
U.S. This marks the closure of the definitive agreement that was announced on
March 5, 2021.
Worldwide, founded in 1970, is highly complementary to
Amwins brokerage, binding authority, underwriting and group benefits capabilities and growth strategy; and it brings extensive expertise in the industry as a national wholesale insurance broker, managing general agency and program manager. The partnership not only strengthens
Amwins Signs Definitive Agreement to Acquire Worldwide Facilities
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Jumpstart Parametric Earthquake Firm on Move in West
Jumpstart Insurance Solutions Inc. is on the move in the earthquake-prone West – and the company is now working with insurance agents.
Jumpstart, a licensed surplus lines insurance broker using Lloyd’s capacity, began offering earthquake insurance in California a little over two years ago in the form of a parametric product, with payments linked to a formula and based on U.S. Geological Survey earthquake measurements.
Kate Stillwell, founder and CEO of California-based Jumpstart, announced this week the firm is now offering their products in Washington and Oregon.
Jumpstart began operating in the two states in early December, but held off until now to let the public know. Since announcing the availability of the products on Tuesday, several new customers have signed on.