Thomas J Woods Insurance Agency | World Insurance Associates (2024)

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Use of this website does not constitute a contract or binder for the purchase of insurance or any other product or service. World Insurance will not be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

At certain locations within this website, you are able to link to other third-party websites which are not under the control of World Insurance. We have no control over the nature, content, privacy, and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorsem*nt of those third-party websites and you should independently review their terms and conditions, along with privacy standards.

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Commissions & Fees

World Insurance, as your licensed insurance broker, will confer with or advise you on the terms or conditions of insurance contracts, negotiate with insurance carriers and insurance providers on your behalf, and to obtain insurance coverages as requested. Our compensation for placement of insurance coverage, unless otherwise specifically negotiated and agreed to with our client, is customarily based on commission calculated as a percentage of the premium collected by the insurer and is paid to us by the insurer. We may also receive from insurers and insurance intermediaries (which may include World Insurance affiliated companies) additional compensation (monetary and non-monetary) based in whole or in part on the insurance contract we sell, which is contingent on volume of business and/or profitability of insurance contracts we supply to them and/or other factors pursuant to agreements we may have with them relating to all or part of the business we place with those insurers or through those intermediaries. Some of these agreements with insurers and/or intermediaries include financial incentives for World Insurance to grow its business or otherwise strengthen the distribution relationship with the insurer or intermediary. Such agreements may be in effect with one or more of the insurers with whom your insurance is placed, or with the insurance intermediary we use to place your insurance. You may obtain information about the nature and source of such compensation expected to be received by us, and, if applicable, compensation expected to be received on any alternative quotes pertinent to your placement upon your request.

Transparency In Coverage

Thomas J Woods Insurance Agency | World Insurance Associates (2024)

FAQs

Who is the CEO of World Insurance Associates LLC? ›

Richard Eknoian is the CEO of World Insurance Associates.

Who is the biggest insurance broker in the world? ›

Top 20 Global Insurance & Reinsurance Brokers
2022 RankingBroker2022 total revenues (US $)
1Marsh McLennan20,700,000,000
2Aon plc12,500,000,000
3WTW8,900,000,000
4Arthur J. Gallagher & Co.8,400,000,000
16 more rows

Who is the CEO of Independent insurance Agents and Brokers of America? ›

Charles Symington - President & CEO - Independent Insurance Agents and Brokers of America | LinkedIn.

What do assured partners do? ›

Based in Orlando, Florida, AssuredPartners stands as a global frontrunner in the insurance brokerage landscape, with special expertise in industry-specific insurance solutions for both businesses and consumers.

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