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Worldwide Facilities has acquired managing general agent and wholesale insurance broker Benchmark Management Group.
Benchmark, established in 1990, handles excess and surplus lines and has two locations in Chicago and Milwaukee. In 2008, it expanded its operation by acquiring Specialty Lines Underwriters.
“We are extremely pleased that Tim and Shawn Makowski and their team are joining our company. Benchmark’s business provides us with a broader geographical footprint and product offering for our MGA platform,” said Worldwide Facilities president Ron Austin.
Austin also made special mention of the talents and skillsets the Makowskis bring to Worldwide Facilities. The CEO believes Tim’s underwriting background, acumen, integrity, and penchant for meeting customer needs are responsible for making Benchmark what it is today. Meanwhile, Austin said that Shawn “exemplifies Benchmark’s core values of client first, relationships matter and demanding excellence.”
“We have shared values, a similar culture and complementary products which creates an increased value proposition to our customers, markets and employees,” remarked Benchmark Management Group president Tim Makowski.
“The Benchmark team is excited and energized about joining the Worldwide Facilities platform,” mentioned Benchmark Management Group vice-president Shawn Makowski, who added that Benchmark’s underwriting capabilities, markets, brokering skills, and customer base will be expanded when combined with World Facilities.
