WNA Members, 
An important announcement regarding the Cargo Insurance Program presented by Roanoke Insurance Group earlier this year. Participating in the program is the only means of profit sharing. Details are on the WNA Website, Download Documents, or you can contact Colleen Clarke with Roanoke. The requisite endorsement is also on the website. 

Patrick Weston, Executive Director 

"Roanoke Insurance Group, Inc.
World Net Associates, Inc.
Cargo Insurance Program Profit Sharing Agreement
As you are aware, Roanoke Insurance Group, Inc. (“Roanoke”) has provided a Cargo Insurance Program to World Net Associates, Inc. (“WNA”). The cargo insurance program includes a profit sharing element that benefits participating members. Roanoke is an expert in the international trade insurance industry providing unique and successful insurance and bond program solutions for associations and companies in the business of international trade.
Profit Sharing Features
The profit sharing agreement is based on the gross marine premium registered on the books under the WNA policy which is effective August 1, 2017 through July 31, 2018. The agreement will continue at each renewal.
Details of the profit sharing are:
ï‚· Total group minimum premium of $150,000 required to qualify
ï‚· 50% of gross marine premium is set aside as a profit sharing fund
ï‚· Net incurred losses in the policy year will be deducted from the profit sharing fund
ï‚· 50% of the remaining amount in the profit sharing fund will be returned to the Assured(s)
Any profit sharing proceeds will be distributed to each participating member on a pro-rata basis based on their contribution to the program. The full wording of the profit sharing program will be made available to participating members.
WNA Cargo Program Features
As a reminder, except for a few exclusions based on regulatory requirements in certain countries, all members are welcome to join the WNA Cargo Insurance Program. Benefits of the program are:
ï‚· Access to insurance through Munich Re Syndicate Ltd. (“MRSL”), the leading syndicate underwriting marine risks at Lloyd’s of London.
o A.M. Best Rating: A (Excellent)
o Financial Size Category: XV ($2 billion or more)
ï‚· Competitive Rates
ï‚· Profit Sharing Agreement as highlighted above
ï‚· CoverageDock™ access 24/7 from anywhere in the world
ï‚· Superior Customer Service
ï‚· Expert Claims Handling
ï‚· Marketing Support
If you have any questions regarding the WNA Cargo Insurance Program or would like to apply for inclusion in the program, please reach out to Colleen Clarke at colleen.clarke@roanokegroup.com

H. Shane Garcia, President Colleen Clarke, Vice President
World Net Associates, Inc. Roanoke Insurance Group"