Worldwide Facilities Closes Transaction with Genstar Capital

AIG and Stone Point Capital

Worldwide Facilities (“Company”), a national wholesale insurance broker, managing general agent and program underwriter, reports the closing of the previously announced investment by Genstar Capital, a San Francisco based private equity firm. As part of the transaction, Lovell Minnick Partners is divesting its investment in Worldwide Facilities following 4 years of unprecedented growth by the… Continue reading Worldwide Facilities Closes Transaction with Genstar Capital

Worldwide Facilities Selects Genstar Capital as New Strategic Partner

Worldwide Facilities, a national wholesale insurance broker, managing general agent and program underwriter, today announced the signing of a definitive agreement with Genstar Capital, a San Francisco based private equity firm, for an investment in Worldwide Facilities. The transaction includes Lovell Minnick’s divestiture of its interests following 4 years of unprecedented growth by Worldwide Facilities… Continue reading Worldwide Facilities Selects Genstar Capital as New Strategic Partner

USG Announces Philadelphia Office and Hire of Glover

USG Insurance Services, Inc., a national wholesaler and MGA, is pleased to announce the expansion of their Pennsylvania operations. With the addition of Patrick Glover, Production Manager, the USG team will open a new branch office in Philadelphia, PA. Glover joins USG with 14 years of experience in the insurance industry, most recently in his… Continue reading USG Announces Philadelphia Office and Hire of Glover

USG Announces Hire of Cable in Charlotte, NC

USG Insurance Services, Inc., a national wholesaler and MGA, is pleased to announce the hire of Linda Cable, Producer/Broker, in Charlotte, NC. Cable joins the USG team with 20 years of experience in the insurance industry, most recently in her past position as commercial agency manager with AAA of The Carolinas. In her new role,… Continue reading USG Announces Hire of Cable in Charlotte, NC

USG Announces Promotion of Berger in Arlington, TX

USG announces new hire

USG Insurance Services, Inc., a national wholesaler and MGA, is pleased to announce the promotion of Jodi Berger to Regional Manager. Berger joined USG in 2002 as a Senior Underwriter and was promoted to Branch Manager of the Arlington, TX branch in 2007. Since joining USG, Jodi has been instrumental in gaining carrier partners, developing… Continue reading USG Announces Promotion of Berger in Arlington, TX

RSG Announces Acquisition of Boston Insurance Specialists

2023 insurance M&As lowest in a decade

Ryan Specialty Group (RSG) has announced the acquisition of Boston Insurance Specialists (BIS), a family-owned wholesale insurance brokerage with offices in Mansfield and Westfield, MA. BIS was founded in 2001 by Debbie Murphy and Peggy Giancola. The independent brokerage represents and has binding authority with some of the top excess & surplus lines carriers in… Continue reading RSG Announces Acquisition of Boston Insurance Specialists