National wholesale insurance brokerage and managing general agent Worldwide Facilities has created a new workers’ compensation division.
Davis Moore, CEO of Worldwide Facilities, noted that while his firm has a diverse range of products, it did not have brokers specializing in workers’ compensation until now. “This is a $53-billion segment of the industry, and we sensed a need to expand our capabilities in this area,” he said.
The team has seven workers’ compensation specialists led by Senior Vice President Todd Pollock in the firm’s office near Boston, an office it opened in February when Pollock joined the firm.
Pollock is a 23-year veteran in the insurance industry with a specialization in the workers’ compensation field. He started his career at EBI Companies. In 2001, Pollock joined the PMC Insurance Group as a workers’ compensation broker. Prior to joining Worldwide Facilities, Pollock was with Keating, where he served as president and managing partner of workers’ compensation.
The new workers’ compensation division offers more than a dozen markets available for nationwide risk placement.
“Our markets will accommodate any size risk, both new and difficult to place. This new division strives to provide a package of expertise, market knowledge and the highest quality service,” said Pollock.
The minimum premiums start at $1,000, and there is no maximum. Loss-sensitive options may be available for larger insureds. Most classes are accepted, including higher-hazard exposures such as healthcare, transportation, and construction.
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