World Insurance Associates LLC

World Insurance Associates LLC

Insurance

Iselin, New Jersey 20,433 followers

Large Resources. Local Relationships.

About us

World Insurance Associates is a unique insurance organization offering top products and services from all major carriers, combined with personal service from local professionals. We specialize in personal and commercial insurance lines, surety and bonding, employee benefits, financial planning, retirement planning, and human capital management solutions. Our advisors are experts in their field, and we cater to specialized industries such as transportation, last mile delivery, hospitality, medical, healthcare, self-storage facilities, sports clubs, technology, hedge funds, startups, nonprofits, education, public entity, food and beverage, retail, construction, and manufacturing. Serving more than 200,000 clients, we have offices around the country, so you get attentive service from a local professional who personally knows you and your business and who will work with you to solve your insurance, risk, and HR management challenges. This means you never have to compromise again when it comes to managing and protecting your most important assets—your people and your business.

Website
http://www.worldinsurance.com
Industry
Insurance
Company size
1,001-5,000 employees
Headquarters
Iselin, New Jersey
Type
Privately Held
Specialties
Trucking & Transportation Insurance, Restaurant & Bar Insurance, Personal Lines Insurance, Business Insurance, Group Benefits, Financial Services, Self-Storage Insurance, PEO, Commercial Insurance, Medical Malpractice Insurance, Construction Surety Bonds, Auto Insurance, Home Insurance, and Umbrella Insurance

Locations

Employees at World Insurance Associates LLC

Updates

  • View organization page for World Insurance Associates LLC, graphic

    20,433 followers

    🤑 Tired of overspending on healthcare? 🤑 Traditional health insurance plans can feel like a financial black hole, but there's a better way! Join our webinar, "Follow the Money: Ideas for Creating a Capital-Efficient Health Plan," and learn how to take the reins of your health plan. Benefits expert Mike Barton will guide you through innovative strategies to optimize your healthcare spending, improve employee well-being, and unlock unprecedented capital efficiency. Don't miss this chance to gain control and flexibility over your healthcare costs! 💰 https://hubs.la/Q02DVzSz0

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  • Did you know we offer comprehensive safety consulting services to enhance your workplace safety? - For more than 25 years, our Safety Consulting team has helped companies reduce accidents through program development, safety training, on-site safety audits, and promoting employee safety awareness. Here’s how we can assist: - On-Site Safety Inspections: Identify and mitigate hazards with thorough risk assessments. - Safety Manager Outsourcing: Gain access to expert safety management without the need for full-time staff. - Audit Score Evaluation & Improvement: Enhance your safety performance by evaluating and improving your audit scores. - OSHA Compliance: Stay compliant with the latest OSHA regulations to avoid fines and legal issues. - DOT Compliance: Ensure your transportation operations meet Department of Transportation standards. - Industrial Hygiene: Protect your workforce from environmental hazards through effective hygiene practices. Our team is dedicated to helping you create a safer and more productive work environment. Learn more about building a safe workplace here. https://hubs.la/Q02F8Y_l0 - What safety challenges do you face? Let’s discuss how our safety consulting services can support your business.

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  • View organization page for World Insurance Associates LLC, graphic

    20,433 followers

    Dominic Morrone, Client Advisor at World Insurance, recently spoke to US. News about the Medigap Birthday Rule. With Medigap, a supplemental insurance plan for Medicare, the open enrollment period only occurs once per lifetime without requiring medical underwriting, known as guaranteed issue. Dominic explained that the exception to this falls under the Medigap "birthday rule” currently offered in some states, which allows eligible parties to select their desired plan and enroll with no medical questions. He views the birthday rule as a step in the right direction and believes that other states will move forward in this direction as well. Dive deeper into the full article here: https://hubs.la/Q02FHnPc0 #openenrollment #medigap #insuranceplan

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  • Could a single incident close your hotel doors forever? Yes, and it can be prevented. Here’s how: - Operating a hotel or motel exposes you to a variety of risks that can significantly disrupt your business. Hotel and motel insurance isn't just about compliance—it's about resilience. This specialized insurance provides a safety net, cushioning your business against the financial impact of unforeseen events. - Comprehensive Coverage: Beyond the basics of property damage, this insurance extends to less obvious areas like loss of attraction, where a decrease in tourists due to external events could impact your business. - Tailored to Your Needs: Policies can be customized to fit the unique aspects of your property, whether it’s a historic inn with valuable antiques or a modern hotel with high-tech amenities. - Proactive Risk Management: More than just recovering losses, the right insurance strategy involves assessing potential risks and implementing preventive measures to avoid them. By understanding and addressing these nuanced risks, you ensure that your hospitality business thrives, maintaining both its allure and functionality despite challenges. - Interested in how the right insurance can support your business continuity? Join the conversation and share your insights or questions!

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  • Does your farm have the right shield against nature’s unpredictability? Crop Insurance is more than a safety net! For farmers, the threat of losing crops to drought, floods, or pests is always looming. Crop insurance plays a critical role in mitigating these risks, providing financial stability when unexpected disasters strike. This type of insurance isn't just about covering losses; it's about ensuring the continuity of your farming operations and protecting your livelihood. • Crop insurance covers a variety of threats, from natural disasters to price fluctuations in the market, helping to stabilize income. • It can be tailored to cover specific crops, ensuring that high-risk investments like specialty crops are financially protected. • By supporting recovery after a loss, crop insurance enables farmers to plan for the next season without the crippling financial burden of a poor harvest. Investing in comprehensive crop insurance means you’re not just planting seeds; you’re securing a future. It’s an essential part of any serious farming operation. Starting to think about this a little more seriously now? Learn more here: https://hubs.la/Q02F8qYX0 How has crop insurance helped you weather the storms? Or, if you’re considering it, what concerns do you have? Join the discussion below!

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  • World’s Director of Benefits Compliance and Senior Vice President, Jay Kirschbaum, recently commented on WorldatWork in response to a new Department of Labor (DOL) final rule, released April 23., The update makes it clear that HR professionals who handle regular retirement plan tasks are not considered fiduciaries. However, the new rule expands the definition of a fiduciary to include those who, in certain cases, provide financial advice on a one-time basis. Jay stated that in the Employee Retirement Income Security Act of 1974 (ERISA), the final ruling focuses on giving investment advice for a fee. He opines that since employers tend to avoid fiduciary entanglements with their employees, this is not likely to change, even with the new final rule in place effective September 23, 2024. Read the full commentary here https://hubs.la/Q02Ffvsx0 #ERISA #fiduciary #DOLrule #benefitscompliance

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  • Think your trucking business can skip specialized insurance? The road ahead might prove bumpy! Operating a commercial trucking business comes with significant risks—from managing a large fleet to ensuring the safety of goods and drivers on the road. Commercial trucking insurance is tailored to mitigate these risks effectively. This crucial coverage spans from vehicle damage and theft to liability for accidents and cargo damage, ensuring smooth operations. • Comprehensive coverage ensures repairs or replacements for trucks involved in accidents, keeping your fleet operational. • Cargo insurance protects the goods you're transporting, covering losses due to theft, loss, or damage. • Liability protection shields your business from potential lawsuits related to accidents or cargo issues, maintaining your business’s financial health. With robust commercial trucking insurance, your fleet, cargo, and drivers are safeguarded, allowing you to focus on your business without the constant worry of potential financial setbacks. Curious about the protections commercial trucking insurance offers? Share your questions below or tell us how insurance has helped your journey!

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  • View organization page for World Insurance Associates LLC, graphic

    20,433 followers

    The boutique hotel industry has been gaining popularity, which provides greater opportunities for independent agents to offer boutique hotel owners the coverage they need. Dustin Ritch, Client Advisor at World, spoke to Independent Insurance Agents and Brokers of America about the nuances of the risk associated with individual boutique #hotels, and the importance of asking the right questions to assess what additional coverage is needed. Dustin also points out that despite the growth of this industry, it is not immune to the current hard #insurance market, from both a carrier and underwriting perspective. To understand more, read the full article here. https://hubs.la/Q02DTk-k0 #hospitality

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  • Sailing the seas without yacht #insurance? You might be sailing into a storm! Owning a #yacht is the epitome of luxury and adventure, but it also brings a set of risks that are often overlooked. Yacht insurance should be comprehensive, covering not just damage to the yacht itself but also providing liability coverage for a range of potential accidents. For instance, if your yacht were to accidentally discharge fuel, the environmental cleanup costs could be covered. Additionally, in the unfortunate event of guest injuries, your policy ensures that you're protected against claims, helping you host with peace of mind. • Yacht insurance can cover salvage operations, potentially saving you from a financial disaster if your yacht needs rescuing. • It often includes personal property protection, safeguarding belongings inside the yacht from theft or damage. • Policies typically extend to cover not only the owner but also the crew and guests, which is crucial during both private and corporate gatherings. These benefits highlight the importance of having a tailored yacht insurance policy that not only protects your valuable asset but also provides broad liability coverage, ensuring all aspects of yacht ownership are secure. Ever faced unexpected challenges at sea? Share your story or ask how the right insurance can be your lifeline!

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