World Insurance Services Appoints New CEO

The latest in the world of insurance

Posted 2019-02-01
Smiling brunette woman Monica Lee in CEO Headshot

World Insurance Services Appoints New CEO
Monica Lee, experienced marine insurance expert, promoted.

MIAMI, Jan 31 2019: World Insurance Services, Inc. – marine insurance provider for independent freight forwarders – announces the appointment of former Executive Vice President, Monica Lee, as Chief Executive Officer. Bryce Barnhart, who previously led the insurance facility, is now WCA’s Vice-President of North America.

“In just three years Bryce did an extraordinary job of taking World Insurance from a standing start to the most innovative, responsive team in the logistics insurance business,” said Phil Bilney, Co-Owner of World Insurance. “Bryce returns to WCA as a fluent advocate of the outstanding insurance products he worked so hard to create.”

World Insurance was created in tandem with WCA to provide complete insurance solutions to a global network of freight forwarders. With Monica Lee as CEO, she will utilize her extensive industry experience and knowledge of the logistics insurance sector, to expand the facility’s services.  

“As Monica steps up to drive World Insurance forward, WCA members and their clients will soon enjoy even more ground-breaking insurance products,” said Phil Bilney.

Monica Lee has 15 year’s experience in marine insurance and is a licensed holder in most states in the USA. She is a member of the Australian and New Zealand Institute of Insurance and Finance and is fluent in English, Mandarin and Cantonese.

Monica’s specialized background in marine cargo and freight forwarder transport liability insurance, coupled with her previous experience as Lloyd's coverholder and strong analytical skills, makes her the ideal candidate to serve as World Insurance Services’ CEO.
“We are very happy with the success World Insurance Services has achieved under Bryce’s leadership,” said David Yokeum, founder and chairman of WCA.

“And we are confident that Monica’s vast experience and know-how will enable her to grow the powerful solutions that our freight forwarders rely on; solutions that protect not only their companies but their client’s assets.”

About World Insurance Services:
Proudly serving the members of WCA, the world’s leader in logistics partnering, World Insurance Services was created after a decade of studying the risk management needs of independent freight forwarders. World Insurance provides its clients with a set of risk management tools that give each the confidence and peace of mind to focus on their business, all while improving customer service and increasing profit margins.

Kaitlyn Mode
International Marketing Manager
O: +1 (954) 973.5552
C: +1 (954) 504.5584
WCA, Ltd

Monica Lee
Chief Executive Officer
O: +1 (954) 973.5552
C: +1 (808) 927.9216
World Insurance Services Inc.