Worldwide Insurance Specialists

What Worldwide Insurance Specialists does

Worldwide Insurance Specialists, Inc. (WWIS) is a privately-held, Arizona-based insurance agency that underwrites and distributes surety bonds and commercial insurance products to small businesses and independent insurance agents across the United States. The company's core offering is surety bonds — covering over 36,000 distinct bond types — used primarily by small businesses (contractors, auto dealers, mortgage brokers, collection agencies, notaries) to satisfy license and permit requirements, alongside a portfolio of 23,000 commercial insurance products spanning general liability, commercial property, cyber liability, professional liability, crime, fidelity and ERISA bonds, and bar & restaurant coverage. WWIS holds in-house underwriting authority enabling instant bond approval for 10,000+ bond types, and the company serves 19,006 professional agents annually.

The company's primary technology asset is the ASAP Automated Surety Application Process, a web portal that provides instant quoting, automated quote-link delivery to clients, a centralized agent client database, direct-bill payment processing, automated renewal reminders, and real-time status updates. The platform supports two distinct go-to-market motions: a self-serve channel for individual business owners seeking direct quotes and bond issuance, and a dedicated agent portal for independent insurance agents managing multiple client portfolios. Distribution is exclusively online and SEO-driven, with state-by-state landing pages covering all 50 US states plus DC and Federal bonds.

WWIS generates revenue primarily through premiums on the surety bonds it issues, with customers paying a recurring annual premium that is a small percentage of the bond amount. Pricing is quote-based and varies by bond type, bond amount, and state requirements, and is not publicly disclosed. The company employs between 11 and 50 people, has operated for approximately 18 years, and is independently owned with no disclosed institutional investors, parent company, or acquisition history. No revenue, funding, or headcount trend data is publicly available.

Name

Worldwide Insurance Specialists

Legal name

Worldwide Insurance Specialists, Inc.

Website

https://wwisinc.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Worldwide Insurance Specialists (WWIS) is a private Arizona-based insurance agency offering 36,000+ surety bond types and commercial insurance products across all 50 US states. Its ASAP online portal provides instant bond quoting and serves 19,000+ independent agents and small businesses annually.

Ownership category

akta.pro rank

Product category

Commercial Insurance and Surety Bonds

NAICS

Insurance Agencies and Brokerages (52421)

SIC

Surety Insurance (6351), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Surety & Bond Brokerage (FSAEADAI)

akta.pro secondary industries

Commercial Lines Insurance Brokerage (FSAEADAB), License & Permit Bonds (FSAJAIAF)

Keywords

• Surety bond services
• Commercial insurance brokerage
• License permit bonds
• Fidelity ERISA bonds
• Bond underwriting platform

Headquarters

HQ city

Litchfield Park

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Surety Bond Premiums: WWIS earns revenue through premiums on surety bonds they issue. Business owners pay a small percentage of the bond amount as a yearly premium to the bonding company to compensate for the risk. The company facilitates bonds across 36,000+ different bond types.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Worldwide Insurance Specialists issues surety bonds and places commercial insurance for small businesses and independent insurance agents across the United States. Through its ASAP Automated Surety Application Process online portal, the company provides instant digital quotes for over 10,000 bonds, automated underwriting and issuance, and access to more than 36,000 surety bond types in all 50 states and DC, alongside commercial insurance lines such as general liability, commercial property, cyber liability, professional liability, and fidelity & ERISA bonds.

Product overview

Worldwide Insurance Specialists offers a unified platform combining surety bond services and commercial insurance products. The core offering includes over 36,000 surety bond types covering all 50 US states and federal requirements, alongside commercial insurance coverage for businesses. The ASAP Automated Surety Application Process serves as the digital platform enabling instant bond approvals, automated quoting, and client management. The product portfolio includes state-specific surety bonds (such as MVD dealer bonds, contractor license bonds, mortgage broker bonds), federal bonds (including ICC bonds and BMC-84 freight broker bonds), license and permit bonds, and commercial insurance products (general liability, cyber liability, professional liability, and fidelity bonds). The company primarily serves small businesses and independent insurance agents across the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Surety Bond Services Issue and place more than 36,000 types of surety bonds across all 50 U.S. states and Washington D.C. for small businesses and licensed professionals, including contractor license bonds, MVD auto dealer bonds, mortgage broker bonds, freight broker bonds (BMC-84), notary bonds, collection agency bonds, and other license and permit bonds. Over 10,000 of these bonds can be approved instantly through the online portal.
• Commercial Insurance Place commercial insurance coverage for U.S. small businesses, including Bar & Restaurant coverage, Business Owners Policy (BOP), Commercial Property Insurance, Crime Insurance, Cyber Liability, Fidelity & ERISA Bonds, Garage Liability, General Liability, and Professional Liability.
• ASAP Automated Surety Application Process Proprietary online portal enabling instant bond quoting for more than 10,000 bonds, automated delivery of quotes to clients, a Direct Bill payment feature, a centralized client database for agent portfolio management, automated renewal reminders and notifications, and real-time status updates on bond requests.
• State-Specific Surety Bonds Surety bonds tailored to the regulatory requirements of each U.S. state (and federal bonds), including dedicated bond lines for Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, the District of Columbia, and Federal bonds.

Quantifiable outcome

• 10,000+ bonds approved instantly
• +2 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators6 records

Recent moves4 records

Expansion highlights4 records

Emerging players

• NEXT Insurance: Tech-enabled commercial insurance platform selling directly to small businesses and contractors via online binding; adjacent to WWIS in digital SMB insurance distribution, though focused on broader commercial lines rather than surety specialization.

Broad incumbents

• AmTrust Financial Services: Surety underwriter with a strong small-business and contractor focus; addresses many of the same customer needs as WWIS but with carrier capital backing and a broader specialty insurance footprint.
• CNA Financial: Established surety writer with commercial and contract bond capabilities; directly comparable to WWIS on bond product set and SMB / contractor customer base, though operating as a major multiline carrier.
• Travelers: National surety underwriter through its Bond & Financial Products group; serves independent agents and contractors on the same bond categories WWIS covers but at meaningfully larger scale and with deeper carrier capital.
• Liberty Mutual Insurance: One of the largest US surety underwriters, with full-scale contract, commercial, and fidelity bond capabilities; overlaps with WWIS on bond products but operates as a major carrier with broader portfolio and carrier balance sheet.
• The Hartford: National surety writer leveraging an independent agent distribution model; comparable bond product range to WWIS but bundled within a much larger commercial and personal lines portfolio.
• NFP Corp: Large US insurance brokerage with a dedicated surety practice; uses a similar agent-distribution model to WWIS for placing bond business, though operating across far broader commercial and personal lines.

Direct peers

• Jet Insurance Company: Digital surety and small-business insurance marketplace targeting SMBs and contractors with online quoting and binding; directly comparable in online-first surety distribution and instant issuance focus.
• SuretyBonds.com: Leading online surety bond marketplace offering instant quoting across a broad catalog of commercial, license, and court bonds; serves the same small business and independent agent customer base as WWIS with an automated, carrier-aggregated model.

Others

• Hiscox: Specialty insurer targeting small businesses including contractors and licensed professionals; adjacent to WWIS in small-business digital distribution and shared SMB customer overlap, but operating as a broad specialty carrier rather than a surety specialist.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/wwisinc
• Facebookfacebook.com/wwisinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Worldwide Insurance Specialists