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Special Section Sponsored by Target Markets Program Administrators Association World Wide Specialty Programs You knew the company as World Wide Facilities, Inc. Technically, that’s still the corporate moniker. However, when staffing firms or brokers approach this venerable Long Island enterprise for business relationships, they now make contact with its popular division known as World Wide Specialty Programs—still widely recognized as one of the nation’s leading staffing insurance sources. Ever since its founding in the mid-1960s, World Wide focuses its efforts on the staffing industry. From its flagship product, the E&O policy, to a comprehensive and continually expanding range of customized products and services, the company has delivered personalized solutions to staffing businesses. Dorothy Taylor, World Wide Specialty Programs’ president, reminds insurance professionals that her company’s products are custom designed for their clients’ particular needs. “Because we’ve been an integral part of the staffing industry for four decades,” she says, “we understand the risks that challenge your business. We have always responded with products that bring comprehensive coverage for nearly every risk. We understand the staffing industry. No matter how large or small your needs, we cover the gaps you didn’t know existed, and take care of the often overlooked details.” World Wide offers a program customized for the specific needs of the staffing services industry. Its policies are listed here: - Commercial umbrella liability/excess liability World Wide has always concentrated on building its workers compensation insurance programs for the staffing category. Dorothy Taylor proudly points to a “successful constant” over the company’s four decades in business. “That would be World Wide’s association with our carrier,” she said. “American International Group [AIG] has underwritten all of WWF’s [World Wide Facilities’] staffing industry coverages for all that time. Having joined forces with AIG enables us to deliver more than a century of combined experience in serving needs of the staffing industry.” Now, with 40-plus years of experience insuring the staffing industry, World Wide is broadening its workers compensation services by taking those capabilities to the next level—to extensively expanded targets. Among industries currently eligible for World Wide’s workers compensation program are: business & consumer services, education, hotels & motels, retail & wholesale, construction & engineering, environmental, finance, insurance & real estate, manufacturing, transportation, and health care. A modest $5,000 minimum premium is required. As the marketplace becomes more competitive, World Wide Specialty Programs is quick to recognize that delivering high quality programs and service to its customers is vital. As a result, the company is proud of its track record of accommodating customers’ specialized needs along with the underwriting capacity to evolve with an account. One of the immediate benefits to World Wide clients is quick turnaround. Another is nationwide coverage. Other advantages to partnering with World Wide Specialty Programs are an underwriting approach that focuses on a company’s individual risk factors; predominantly first dollar guaranteed cost programs; large deductible program availability for qualifying risks; and not incidentally, World Wide’s lengthy experience in handling hard to place business involving unique risks. Every couple of years we see the need for a new coverage. The world, including the insurance industry within it, changes rapidly. World Wide does, too. Yes, we have a new name. A new address. New relationships and new products. Few things remain the same forever—but World Wide’s loyalty to the staffing industry does. The World Wide family is well aware that 40 years of concentrated, quality service has made it—whether World Wide Facilities or, now, World Wide Specialty Programs—virtually a household name within the staffing industry. Now, it credits the Target Markets Program Administrators Association and the networking opportunities available through its conferences and its Target Programs Web site, for casting its name and capabilities to an even wider program manager audience. → |
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