Worldwide Facilities’ Los Angeles Office Adds Motor Truck Cargo / Auto Physical Damage Program

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National wholesale insurance broker and managing general agent Worldwide Facilities has added a Motor Truck Cargo / Auto Physical Damage program at its Los Angeles office, significantly expanding its offerings to commercial transportation clients.

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“There aren’t currently many markets offering this type of coverage,” says Robert Riske, Senior VP at Worldwide Facilities’ Los Angeles office. “Worldwide Facilities is now one of the few wholesale brokers in the country that can provide access to it."

Worldwide Facilities now offers in-house underwriting and binding authority on “A”-rated paper, as well as domestic claims authority from TPA on all claims under $50,000.

“There aren’t currently many markets offering this type of coverage,” says Robert Riske, Senior Vice President at Worldwide Facilities’ Los Angeles office. “Worldwide Facilities is now one of the few wholesale brokers in the country that can provide access to it.”

Worldwide Facilities is able to offer either monoline or package coverage. Motor Truck Cargo covers up to 25 units or $250,000 per vehicle, and Auto Physical Damage offers up to $2 million in fleet values. Target classes include both owner-operators and small to mid-sized fleets.

“Our Los Angeles team of brokers offers decades of experience securing coverage for challenging commercial transportation risks,” says Ryan Riske, Assistant Vice President of Worldwide Facilities’ Marine Division. “We’re confident this new program will be of great use to the professionals we work with and their insureds.”

Contact: Robert K. Riske
Senior Vice President
Direct: (213) 236-4526
rriske(at)wwfi(dot)com

Contact: Ryan C. Riske
Assistant Vice President, Marine Division
Direct: (213) 236-4537
Cell: (949) 500-2597
rcriske(at)wwfi(dot)com

Worldwide Facilities, LLC, 725 S. Figueroa Street, 19th Floor, Los Angeles, CA 90017

About Worldwide Facilities, LLC
Worldwide Facilities, LLC is a national wholesale insurance broker and managing general agent that has been in business since 1970. Our seasoned brokers and underwriters are industry leaders in providing expertise in a wide range of specialty lines, and offer extensive contacts with carriers domestically and overseas.

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Erika Guerra
Worldwide Facilities LLC
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