Storm Preparation for Golf Clubs Tees Off Here – Before the Storm, There’s W3

You can’t prevent a severe storm from affecting your club, but you can put an effective risk management program in place to reduce the total impact. Mitigate loss from claims and protect resources and assets. It’s worth the preparation time. Remember: loss history affects your club’s risk profile and premiums over a period of 3-5 years.

Here are a few tips to improve the outcome of a loss:

  • Where there’s a heavy storm, there’s bound to be tree debris. Subcontract professionals to handle the day–to –day pruning and removal of dead limbs. This action will have a positive impact on your workers compensation exposure and ensure your trees are not top-heavy or excessively tall.
  • Limit your claims submission to what is needed. For example, if your club loses 100 trees but 50 of them are located in a wooded area away from the course, only file claims for trees which truly need replacing. This will improve your loss ratio and thus improve your marketplace risk profile.
  • Evaluate potential exposures to flying objects. If necessary, consider adding storm shelters or hurricane (tempered) glass to mitigate future losses.
  • Consider a backup generator. Significant power outages can occur during these events; clubs need to consider additional losses such as food spoilage.

Ready to take proactive measures for your club? Contact W3. The W3 Club Advantage team will help your club conduct a vulnerability analysis to evaluate probable threats. Together, we will then prepare a disaster program which can be implemented before, during, and after a severe weather event.

Implementing a disaster response plan is critical to your club’s ability to respond to a severe weather event. This plan should include emergency contacts, disaster procedures and communications, alternate vendors and suppliers, and steps for recovery. It should also have employee information as well as necessary passwords and codes for technology – essentially, everything needed to expedite re-opening.

The W3 Club Advantage program addresses all exposures your club could face in the event of a catastrophic event. For more information about the W3 Club Advantage, contact Hospitality Risk Practice Leader David Cosper at 727.522.7777 ext. 110, email dcosper@w3ins.com or compete the form below.

New Year, New Exposures – The Importance of Holiday Gift Insurance

importance-of-holiday-gift-insuranceEveryone who fit a trampoline, puppy, drone or diamond under the tree, listen up: you are not only popular in your home right now, but you also likely need to adjust your personal lines insurance. For many of us, the New Year came with new exposures. Here’s how to back some of those fun and precious gifts from Santa with the proper holiday gift insurance protection.

  • Puppy owners – Congratulations on your new addition! Along with new bowls and chew toys, it may be time to purchase an umbrella policy. No, not because cuteness is now raining down upon your family, though it most certainly is. Many a Florida homeowners policy excludes animal liability. If protection is available through homeowners insurance, it usually offers a lower limit of liability coverage. A personal lines umbrella can extend your limit or close that coverage gap. Also consider purchasing pet health insurance, especially if your fuzzy bundle of joy is of a breed known to develop health problems.
  • Drones – These unmanned aerial vehicles (UAVs) are classified by the FAA as bonafide aircraft. That leaves your Florida homeowners insurance carrier to decide whether you receive personal liability protection under your current policy. There’s a reason for this. Plenty of accidents have been attributed to drone use. UAVs have been reported to literally fall out of the sky and damage people and/or property. They’re not just ‘remote control cars in the wide blue yonder.’ Check your residential insurance policy with your agent and gauge any additional coverage needs.
  • Golf cart – We’ll ignore for the moment that you obviously purchased that vehicle for yourself. But know this: that cart and your liability arising out of its ownership and operation is likely unprotected. Specific insurance policies or endorsements for golf carts exist precisely for this reason.  Note: When you call your insurance agent for options, be prepared to say, “This sounds like auto insurance!”  Florida golf cart insurance is really very similar, with coverage offered for elements such as bodily injury, collision and property damage.  It’s also important to note – if your golf cart or low speed vehicle has a 17 digit vehicle identification number (VIN), you are then required by the state to have an auto policy with PIP coverage in place at all times.
  • Baubles and other bling – Jewelry may be insured under your Florida homeowners policy – or it may not be. Get an appraisal and work with an insurance expert to properly protect your investment.
  • Additions to existing policies – So you went for the whole bow-on-the-car Christmas morning shock factor? Good for you! Make sure to call your insurance agent and add that SUV to your auto policy. The same goes for a new boat or home expansions.

For all these new exposures and more, you can trust W3 Insurance to offer solid guidance and comprehensive personal lines insurance. Call us today at 727-522-7777. We’ll insure your New Year treasures with peace of mind protection.

W3 Insurance Named One of Tampa Bay’s Best Places to Work

The results are in, and the employees have spoken: W3 Insurance is one of the top 100 places to work in Tampa Bay. It’s the fourth time the company has earned the honor, which is awarded annually by The Tampa Bay Times based on employee survey responses. W3 landed at #41 in the small business category for 2018.

Employees lauded W3 for multiple attributes, including flexibility, autonomy and earning potential. Other praises were aimed at the company’s dedication to the organization’s mission and a supportive working environment.

“The culture is very positive and inspiring,” one employee said. “I truly want to create raving fans out of my clients and am given the resources to do so.”

To W3 Insurance CEO Scott Gramling, the news that the employees are raving fans as well comes as no surprise. The company goes above and beyond for their own, whether that means opening a temporary daycare in the days after Hurricane Irma or scheduling a yearly beach weekend retreat for every team member.

“Our goal company-wide is to make clients into raving fans, and we do that as a team,” Gramling says. “We’re all in this together.”

Engage Your Employees with Volunteering Opportunities

Volunteering for Employees

W3 Employees accepting a plaque from the Children’s Dream Fund.

Its seems that everywhere we look we are seeing organizations in need. This can be a great opportunity to benefit your business, your employees, and your local community. The old saying “It’s better to give than to receive” holds true in this case.

Giving to others, whether giving materially, financially or time, has a boomerang effect. The givers, in this case your employees, feel happy satisfaction that they have helped others. The recipient(s) are reassured that others care about them and feel good will toward the givers. This feeling of good will promotes a desire to recognize the giver and look for ways to give back. (Read: public relations and publicity)

Employers can do a lot to encourage employees to volunteer. Possibly the biggest step is to get senior management on board. It’s all in the presentation. Stress the benefits to the company such as public relations and publicity. Many organizations recognize the assistance of generous businesses in their newsletters, signage, websites, and more. The recipients may also become your future customers or clients.

Once you have senior management on board, reach out to your employees. They can recommend their favorite cause, such as their child’s school, health related organizations, church charity, etc. Invite them to chair a volunteer committee in the workplace. For an example, W3 has the Community Involvement Committee. They organize volunteer teams, contests and offer prizes.  You can also invite a representative from a local charity to speak to employees and management.

How can the company offer support? Consider donation matching, temporary use of a facility for storage of donated items or rummage sale, use of equipment and materials for promotional flyers. Sponsor a 5 or 10k run for charity and allow employees to take advantage of the provided sponsor registrations. The possibilities are endless with a little imagination, especially with enthusiastic committees. So encourage them to make it fun. Your company will be rewarded by increased employee morale and a thankful community driving more customers to your business.