World Insurance deeply values its Allied Partners and upholds the highest standards of integrity and transparency in all collaborations. Just as we protect our brand and intellectual property, we are committed to fostering strong, clear, and mutually beneficial relationships with everyone we work with.
Protecting Our Intellectual Property
The trademarks and copyrights associated with World Insurance, including “World Insurance” and related trade and service marks, are legally owned by our company. This ownership extends to both registered trademarks and those established through common law. The content on our website is protected under applicable copyright laws. We ensure these protections not only for our benefit but also to maintain the clarity and integrity of our brand representation across all interactions, including those with our allied partners. It’s important to note that no permission is granted to copy, distribute, modify, post, or frame any text, graphics, video, audio, software code, user interface design, or logos from our website without explicit agreement. This protects our assets and ensures consistent and reliable information sharing with our partners and clients.
Transparent Commission and Fee Structure with Our Partners
As your licensed insurance broker, World Insurance acts as a dedicated advocate, offering expert consultation on insurance contracts, negotiating with carriers and providers, and securing optimal coverage. For our allied partners, understanding our compensation structure is key to building trust and ensuring transparency. Unless specifically negotiated otherwise, our compensation for placing insurance coverage is typically commission-based. This commission is calculated as a percentage of the premium collected by the insurer and is paid directly to us by the insurer.
In addition to standard commissions, World Insurance may also receive supplementary compensation from insurers and insurance intermediaries, potentially including affiliated companies. This additional compensation, which can be monetary or non-monetary, is often linked to the volume of business, the profitability of insurance contracts, or other performance-related factors as per our agreements. These agreements are designed to encourage growth and strengthen our relationships with insurers and intermediaries, ultimately benefiting our allied partners through enhanced service and broader access to insurance solutions. We are fully committed to transparency; therefore, information regarding the nature and source of any expected compensation, including details on alternative quotes, is readily available upon request. We believe that open communication about our operational structure is fundamental to building strong, lasting partnerships.
Our Commitment to Transparency in Coverage
World Insurance is dedicated to full transparency, not only in our compensation but also in providing clear and accessible information regarding coverage. Our commitment extends to ensuring that both our clients and allied partners have access to comprehensive details about their insurance coverage. In line with this principle, we provide a direct link to Transparency In Coverage, ensuring easy access to detailed information and upholding our promise of open and honest communication in all our relationships. This resource exemplifies our dedication to providing helpful and easily accessible information to everyone we collaborate with.
