WSS welcomes our new Senior Broker, Sherif Azer

Please join us in welcoming Sherif Azer

Starting in November, Sherif joins us as a Senior Broker in our Los Angeles offices. Having been a Broker at both Bass and Hull & Co., Sherif brings 11 years experience with him to his new position at WSS.  He's a graduate of Cal State Dominguez Hills and hold an AU designation.     

Sherif will be in Plano the week of 11/27 for training on our systems.  Soon after that he'll be at the Stevenson Ranch office to get to know everyone. 

Sherif’s direct line is (818) 650-9100 and his email is sherifazer@wssib.com

Welcome to the WSS team Sherif!

Meet our New senior Broker, Jim Thomas

Born, raised, and educated in Illinois, Jim Thomas comes to WSS with nearly 40 years of experience in the insurance industry. First hired in 1978 as a commercial underwriting trainee by Liberty Mutual, Jim was later transferred to Dallas where he was reassigned to their Business Risk Department and ultimately ended up in their large risk unit. By 1995, Jim was working with U.S. Risk as a vice president & senior broker handling primarily casualty (primary & excess) lines and property coverages. With Jim's wealth of experience and expertise, WSS is happy to include him in our ranks. Please join us in welcoming him!

New Broker, Sonny Ramezani, Joins WSS

Western Security Surplus is pleased to announce the hiring of our new Broker, Sonny Ramezani. Sonny comes to WSS after spending 11 years at Bass Underwriters in Los Angeles.  Starting the first week of February 2017, Sonny will be part of a new brokerage team in Los Angeles which will be staffed up over the coming year.  

Please join us in welcoming Sonny to the team!

WSS Now Accepts Online Payments

WSS is happy to announce that we've launched a new system for accepting online payments from agents.

Working with ePayPolicy, we now offer a single point for making payments, and it couldn't be easier. Simply follow the payment links found on our site, then fill out amount, agency ID, policy number, quote or invoice number. It's easy!

Pay Now:  https://wssib.epaypolicy.com/

Please note that we will no longer be taking check-by-fax as of November 30, 2016. After that date, the only accepted payment methods will be to mail an agency check, use the new online payment system with an agency check, or send an ACH payment.

 

NEW! Analysis of Wholesale Distribution Costs

In a recent report commissioned by NAPSLO, a careful and conservative analysis of wholesale and retail brokerage channels found that wholesale distribution does not increase the cost of the transaction to the insured. The final report by Conning, Inc.'s Insurance Research Division establishes solid evidence that counters long-held misconceptions about value and cost-effectiveness of the wholesale distribution system. 

“Conning's report demonstrates there is no additional cost in leveraging a wholesale specialist to find the best solution for the insured,” said NAPSLO Executive Director, Brady Kelley.

The full report, accompanying FAQs, and related enhancements to NAPSLO's wholesale value message are now available on the NAPSLO website.
 

Andrea Writes: Brokerage

Check out the latest list of difficult risks handcrafted by WSS Senior Broker Andrea Zenner. Make sure to drop her a line if you have any questions....


DIC-EQ

Commercial/Retail     

  • Limits
    10MM LL (11,200,000) TIV w/20% ded    
  • Basis
    1974 concrete tilt       
  • Premium
    $30,896

Water Company                  

  • Limits
    $7,465,000 TIV w/5% ded                        
  • Basis
    1962 Frame including underground pipes  & equipment     
  • Premium
    $26,300

Homeowner Association   

  • Limits
    $1,841,805 RIV w/10% ded     
  • Basis
    1979 Frame Hab over garage                                                               
  • Premium
    $5,000

GENERAL LIABILITY/PRODUCT

Manufacturer/Electrolytic Processes  

  • Limits
    $2MM/1MM/1MM/1MM w/$2,500 ded              
  • Basis
    $300,000 Gross Receipts                                  
  • Premium
    $9,100

Medical Marijuana Dispensary                

  • Limits
    $1MM/$3MM CGL/Professional w/$2500 ded           
  • Basis
    $6,000,000 Gross Receipts         
  • $5290

General Contractor Building Medical/Dialysis Centers         

  • Limits
    1MM/2MM/2MM/1MM  2/no deductible                   
  • Basis
    $8,000,000 Gross Receipts                                    
  • Premium
    $24,800 

COMMERCIAL PACKAGE POLICIES

Apartment (With Habitability Losses)    

  • Limits
    1/2/1/1; $6,655,702 TIV                                     
  • Basis
    Steel/frame; 1923; 26 units                                            
  • Premium
    $34,310

LRO, Occupied by Furniture Mfg.                 

  • Limits
    2/2/1/1; $1,836,000 TIV             
  • Basis
    Concrete block, 1974, 20,000 sq. ft                                
  • Premium
    $6,946

GARAGE POLICIES

Auto Body Paint & Repair Shop     

  • Limits
    11MM/1MM/3MM; 2.3MM Garage Keepers                  
  • Basis
    $130,000 payroll                                    
  • Premium
    $33,613

Cleans Diesel Filters                   

  • Limits
    1MM/1MM/2MM; $200,000 Garage Keepers       
  • Basis
    $67,600 payroll                                      
  • Premium
    $12,436

COMMERCIAL AUTO

Landscape Contractor      

  • Limits
    $500,000 CSL – liability only (several losses)                              
  • Basis
    13 light trucks                                      
  • Premium
    $77,851

Pizza Delivery (NOA)                 

  • Limits
    $1,000,000 CSL                                                                                       
  • Basis
    $727,000 Delivery receipts                   
  • Premium
    $6,750

EXCESS LIABILITY

Plumber (Back Flow Tester)     

  • Limits
    $6MM excess of CGL, Professional, Pollution, Auto & Employers Liability                 
  • Basis
    $400,000 Gross Receipts                                            
  • Premium
    $5,000    

Produce Distributor               

  • Limits
    $5MM excess of GL, AL, El & EBL                                                   
  • Basis
    $35,000,000 Gross Receipts                                           
  • Premium
    $14,500

PROFESSIONAL LIABILITY

Lawyers Professional     

  • Limits
    1MM/1MM                                                                                            
  • Basis
    sole practitioner                                    
  • Premium
    $8,981

Architect E&O  (Auto Dealerships)                  

  • Limits
    2MM/2MM                                                                                            
  • Basis
    $1,100,000 Gross Billings      
  • Premium
    $18,891

EMPLOYMENT PRACTICES LIABILITY

Seafood Distributor     

  • Limits
    1MM w/25K SIR                                                                                    
  • Basis
    80 Employees                                        
  • Premium
    $20,453

Vocational School                  

  • Limits
    1MM/2MM w/15K SIR                                                                       
  • Basis
    30 Employees                                        
  • Premium
    $7,983

ENVIRONMENTAL LIABILITY

Mold/Fungus Cleaning      

  • Limits
    2MM/2MM General, Professional & Contractors Pollution Liability           
  • Basis
    $2,400,000 Gross Receipts                   
  • Premium
    $14,766     

Back Flow Testing                 

  • Limits
    1MM/2M General, Professional & Contractors Pollution Liability               
  • Basis
    $400,000 Gross Receipts                   
  • Premium
    $5,245   

 

Wendy Writes

Check out the latest list of difficult risks handcrafted by WSS Senior Broker Wendy Clinton. Make sure to drop her a line if you have any questions....

 

DIC

Dwelling

  • Limits   $1,800,000 10% ded
  • Ratings Basis   2005 Wood Frame 
  • Premium  $1,800

Car Dealership

  • Limits   $10,000,000 15% ded
  • Ratings Basis   2006 Block
  • Premium  $25,798

HOA

  • Limits   $12,167,000 20% ded
  • Ratings Basis   1991 Wood Frame
  • Premium  $12,656

Office

  • Limits   $10,000,000 10% ded
  • Ratings Basis    1960 Tilt Up
  • Premium  $35,000

AUTO LIABILITY

Non Medical Transport

  • Limits   $1,500,000 CSL
  • Ratings Basis    1 Mini Van
  • Premium  $10,703

General Contractor

  • Limits   $1,000,000 Liab
  • Ratings Basis    1 Vehicle
  • Premium  $1,671

Light Décor

  • Limits   $1,000,000 Liab
  • Ratings Basis    7 Vehicles
  • Premium  $8,073

BUILDER’S RISK

Commercial Building

  • Limits   $5,000,000
  • Ratings Basis    Joisted Masonry
  • Premium  $5,900

3 Story Dwelling

  • Limits  $4,300,000
  • Ratings Basis    Frame
  • Premium  $9,245

COMMERCIAL GL/PRODUCTS

Spinal Implants

  • Limits   $5,000,000 CM
  • Ratings Basis    $4,500,000 GR
  • Premium  $30,000

Refurbish Cryogenic Tanks

  • Limits   $3,000,000
  • Ratings Basis    $1,400,000 GR
  • Premium  $16,845

Plumbing Contractor

  • Limits   $2MM/1MM
  • Ratings Basis    $123,600 Payroll
  • Premium  $9,077

Electronic Instrument Mfg

  • Limits   $2MM/1MM
  • Ratings Basis    $9,700,000 Sales
  • Premium  $17,445

Bar

  • Limits   $2MM/1MM; 1M Liq w/A&B
  • Ratings Basis    $2,504,000 GR
  • Premium  $61,711

PACKAGE

10 Unit Apartment

  • Limits   $890,000TIV/$2MM/1MM
  • Ratings Basis    10 Units
  • Premium  $2,528

Banquet Hall

  • Limits   $1,500,000TIV/$2MM/1MM
  • Ratings Basis    $800,000 Sales
  • Premium  $19,271

Bar & Grill  

  • Limits   $2/1 GL; $1M Liq/ $250,000 TIV
  • Ratings Basis    $450,000 GR
  • Premium  $7,893

PROFESSIONAL

Research & Development

  • Limits   $2,000,000 PL/GL
  • Ratings Basis    $2,500,000 GR 
  • Premium  $10,000

 Interior Design

  • Limits   $1MM/2MM
  • Ratings Basis    $950,000 Sales
  • Premium  $3,570

Real Estate Services

  • Limits   $1MM/1MM
  • Ratings Basis    $100,000 GR
  • Premium  $2,500

Physician

  • Limits   $1MM/3MM
  • Ratings Basis    $500,000 GR
  • Premium  $30,000

PROPERTY

Bar

  • Limits   $5,000,000 CM
  • Ratings Basis    $4,500,000 GR
  • Premium  $30,000

LRO

  • Limits   $3,000,000
  • Ratings Basis    $1,400,000 GR
  • Premium  $16,845

Vacant Commercial Building

  • Limits   $2,160,000 TIV
  • Ratings Basis    Frame/6,935 sq. ft.
  • Premium  $16,120

EXCESS LIABILITY

Contractor

  • Limits   $9,000,000
  • Ratings Basis    XS GL, AL, EL
  • Premium  $80,480

Mfg Blinds

  • Limits   $1,000,000
  • Ratings Basis    XS GL, AL, EL
  • Premium  $6,019

Labor Union Office

  • Limits   $1,000,000
  • Ratings Basis    XS GL
  • Premium  $1,000

GARAGE

Auto Repair & Custom Work

  • Limits   $1MM Liab/$300,000 GKLL
  • Ratings Basis    $26,000 PR
  • Premium  $5,756

RV Service/Repair

  • Limits   $1MM Liab/$150,000 GKLL
  • Ratings Basis    $7,800 PR
  • Premium  $4,928

Mobile Mechanic

  • Limits   $1MM Liab
  • Ratings Basis    $7,800 PR
  • Premium  $2,000

D&O/EPLI

Fire Protection Service/Sales

  • Limits   $1,000,000; $15,000 Retention
  • Ratings Basis    30 Employees
  • Premium  $7,210

Grocery Store

  • Limits   $1,000,000; $15,000 Retention
  • Ratings Basis    16 Employees
  • Premium  $4,547

ENVIRONMENTAL

Water Analyses

  • Limits   $2M/2MGL/$2MProf/$2MCPL
  • Ratings Basis    $559,821 GR
  • Premium  $5,462

Storage Tanks/Gas Station

  • Limits   $1M/$3M
  • Ratings Basis    3 Tanks
  • Premium  $5,363

 

 

 

 

 

Andrea Writes: Small Business

Check out the latest list of difficult risks handcrafted by WSS Senior Broker Andrea Zenner. Make sure to drop her a line if you have any questions....

 

Package Policies

Metal Plating Operations

  • Property   
    Special Form, Modified Fire Resistive, Built 1940 (with updates) – TIV: $175,000

  • General Liability    
    1MM/1MM/500/500; Basis - $1,000,000 Gross receipts      

  • Premium  
    $4,413

Supply Store

  • Property   
    Special Form; Frame; Built 1989 – TIV $600,000  

  • General Liability     
    1MM/Excl/1MM/1MM; Basis $2,000,000 Gross receipts     

  • Premium  
    $4,669

Glass Repair/Installation

  • Property   
    Special Form; Frame, Built 1985 – TIV $100,000

  • General Liability     
    2MM/2MM/1MM/1MM; Basis - $450,000 Gross Receipts    

  • Premium  
    $3,136

Vacant Restaurant

  • Property   
    Special Form x-theft; Joisted Masonry; Built 2007 – TIV $827,536   

  • General Liability     
     2MM/excl/1MM/1MM; Basis 4230 sq. ft.

  • Premium
    $1,658 (6 month term)

Church

  • Property   
    Special Form, Frame, Built 1954 (updated) TIV $50,000  

  • General Liability     
    12MM/incl/1MM/1MM; Basis 1800 sq. ft 

  • Premium  
    $898

PROPERTY POLICIES

Banquet Hall with cooking

  • Property   
    Special Form w/equipment Breakdown , Joisted Masonry, built 1902 (with updates) - $965,000 TIV

  • Premium  
    $5,607

COMMERCIAL GENERAL LIABILITY POLICIES

Sales & Installation electronics (audio video)

  • General Liability     
    2MM/2MM/1MM/1MM; Basis $40,000 payroll

  • Premium  
    $828

Bottling & Distribution water for consumption

  • General Liability     
    2MM/2MM/1MM/1MM; Basis $551,000 Gross Receipts  

  • Premium  
    $2,438

Dwelling rented to others

  • General Liability
    300/300/300;  basis 1

  • Premium  
    $1,000

Lessors Risk occupied by ironwork, fencing installer & auto accessory sales

  • General Liability     
    2MM/excl/excl/1MM; Basis 5149 Sq Ft     

  • Premium  
    $800

Lessors Risk occupied by commercial offices, apartments, single family dwelling and vacant land

  • General Liability     
    2MM/incl/1MM/1MM; basis is various 

  • Premium  
    $17,852

Lessors Risk vacant land

  • General Liability     
    3MM/incl/2MM/2MM; basis 15 acres      

  • Premium  
    $1,400

Vape Store

  • General Liability     
    2MM/excl/1MM/1MM;  Basis $180,000 Gross Receipts 

  • Premium  
    $750

 

Connie Cleere Joins WSS

Please join us in welcoming Connie Cleere to the team at WSS. In late January, Connie started with us through a temp agency and today she joins us an official member of Western Security Surplus. In the short time she worked at WSS, Connie has proven to be a valuable asset to the Brea team and will continue working as Wendy’s Associate Broker. Prior to WSS, Connie was employed by Crump and Hull & Co in their brokerage departments. 

Welcome aboard Connie!