World Insurance Services appoints new CEO

Monica Lee, experienced marine insurance expert, promoted

MIAMI FL, USA, THURSDAY, 31st JANUARY 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 years’ 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, make 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.”


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Monica Lee, CEO, World Insurance Services

Monica Lee, CEO, World Insurance Services



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.


About WCA

WCA is the world’s largest and most powerful network of independent freight forwarders, with over 6,600 member offices in 193 countries around the world. The combined logistics might of WCA membership exceeds that even of the world’s largest multinational freight forwarders. WCA members’ global market share is increasing significantly every single year.

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.