Worldwide Facilities, LLC, a national wholesale insurance brokerage, managing general agency and program manager, has acquired Risk Management Advisory Group (RMAG), a managing wholesale broker based in Miami Lakes, Fla., that provides specialty personal and commercial line products to retail agents primarily in the southeast region of the United States.
Risk Management Advisory Group products are designed specifically for affluent clients.
According to Ron Austin, president of Worldwide Facilities, RMAG’s business provides Worldwide with a broader geographical footprint and product offering for our wholesale brokerage platform with their emphasis on high net worth personal lines products.
Marsh, Berry & Company, Inc. served as a financial advisor to Worldwide Facilities.
Worldwide Facilities is a national wholesale insurance broker, managing general agent and program manager that has been in business since 1970.
Was this article valuable?
Here are more articles you may enjoy.
Trump Administration Backtracks on Removing Ocean Sensors 
Mississippi Insurance Dept. Top Examiner Named in $90M Credit Union Theft Suit 
DeSantis Signs Citizens Commercial Clearinghouse Bill That’s Been Called ‘Unneeded’ 
Read 14-Point Draft Memorandum of Understanding Between the US and Iran 
