Worldwide Insurance

Name

Worldwide Insurance

Legal name

Worldwide Insurance

Website

https://ww-ins.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Lexington

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Commission Revenue: As an independent insurance agency, Worldwide Insurance earns commissions from insurance carriers for placing business. They represent many different insurance companies offering a wide variety of coverage options and price points, earning commissions on each policy sold or renewed.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Worldwide Insurance is an independent insurance agency that places and services insurance policies for clients by representing multiple top-rated national and regional insurance carriers. It sells four primary product lines — Real Estate, Construction, Hospitality, and Personal insurance — including coverages such as property manager, contractor, workers' compensation, liquor liability, brewery, restaurant, home, auto, flood, umbrella, and high net worth insurance. The agency earns commissions on each policy placed or renewed, and supports clients through licensed advisors, a website Get Quote tool, and a 24/7 Client Portal.

Product overview

Worldwide Insurance is an independent insurance agency offering a comprehensive suite of insurance solutions. The core offering consists of four main insurance categories: Real Estate Insurance (covering property managers, commercial properties, rental properties, and condo buildings), Construction Insurance (covering workers' compensation, E&O, builders risk, environmental, systems breakdown, and contractors), Hospitality Insurance (covering liquor liability, breweries, fitness centers, golf courses, non-profits, and restaurants), and Personal Insurance (covering homes, autos, floods, classic cars, valuable possessions, umbrellas, high net worth, renters, and condos). The company also offers Clickable Coverage, an interactive educational tool, and a Client Portal for online policy management. All products are available in New York City, the Tri-State Area, and across the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Insurance Insurance coverage tailored for real estate assets including property managers, commercial property owners, rental property owners, and condo buildings, encompassing general liability, E&O, tenant discrimination, commercial property, crime, cyber liability, and hired/non-owned auto. For property managers and condo associations in NYC and the Tri-State Area.
• Construction Insurance Coverage and risk management solutions for construction companies of all sizes, including contractors, developers, and owners in NYC and the Tri-State Area, covering workers' compensation, E&O, builders risk, environmental, systems breakdown, and contractor package policies.
• Hospitality Insurance Coverage and risk management solutions for hospitality businesses including restaurants, breweries, fitness centers, golf courses, non-profits, and establishments serving alcohol. Customizable insurance menus address liquor liability, business income, EPLI, signs, systems breakdown, flooding, cyber liability, food contamination, and employee theft.
• Personal Insurance Trusted advice and insurance solutions for individuals including home, auto, flood, classic car, valuable possessions, umbrella, high net worth, renters, and condo insurance. High net worth package bundles home, vehicles, travel, life insurance, household help, and identity theft protection.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Acrisure: Large, tech-enabled insurance brokerage consolidating regional agencies. Highly relevant as a roll-up acquirer of independent agencies similar to Worldwide, with overlapping product lines across P&C and specialty.
• USI Insurance Services: Large national brokerage distributing property, casualty, personal, and specialty insurance across all major verticals. Overlaps with Worldwide in commercial and personal P&C distribution through independent broker channels.
• Hub International: Large global insurance brokerage distributing P&C, personal, and specialty coverage through carrier relationships. Broader portfolio than Worldwide but overlapping agency distribution model and product lines.

Direct peers

• Hilb Group: Mid-market insurance brokerage platform operating through regional agency partners. Similar independent agency operating model and commission-based distribution across P&C and specialty lines.
• Burns & Wilcox: Specialty insurance brokerage distributing complex P&C coverage through carrier relationships. Highly comparable to Worldwide's model of placing specialty commercial risks (real estate, hospitality) via multiple carriers and earning commission revenue.
• RPS (Risk Placement Services): Specialty wholesale broker placing hard-to-place commercial risks with multiple carriers. Comparable to Worldwide in placing niche real estate, construction, and hospitality business through carrier relationships.
• Frenkel & Company: Independent insurance brokerage serving commercial and personal clients with multi-carrier relationships. Comparable independent agency distribution model with similar P&C and specialty offerings.
• Brown & Riding Insurance Services: Specialty brokerage focused on complex and hard-to-place commercial insurance risks across multiple verticals. Operates with a multi-carrier distribution model analogous to Worldwide's independent agency approach.

Emerging players

• Next Insurance: Digital-first commercial insurance provider targeting small businesses in trades, construction, and hospitality. Represents the insurtech competitive threat to traditional independent agencies like Worldwide by enabling direct online purchase.
• Simply Business: Online insurance brokerage serving small commercial customers with quick online quotes for business liability, property, and specialty coverage. Comparable as a digitally-enabled competitor pursuing Worldwide's SMB customers.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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