Alliant Insurance Services Broker Noah Hardie Recognized as a 2022 At Large Power Broker
Noah Hardie, Executive Vice President, Alliant Insurance Services
When his client was forced to close dozens of its bars because of the COVID-19 pandemic, severely restricting its revenue, Noah Hardie stepped in to help.
After carrying out a periodic balance sheet review, he identified revenues were down more than 50%. However, the insurer was only willing to allow a 25% adjustment to the new exposure. So Hardie remarketed the placement mid-term with the new exposures, resulting in a more than 50% reduction in total cost of risk.
For another client, he used his knowledge of its balance sheet to identify revenue trends during the pandemic.
Using the data collected from the firm’s payment and settlement system, Hardie showed the underwriters the quantum of the reduction in exposure. The insurer subsequently issued a 25% COVID credit of more than $250,000 in returned premium. Using his relationship with the insurer and access to his client’s data, Hardie also negotiated a 5% renewal bonus if the client met loss ratio and timely reporting targets.
Christian Jensen, CEO of Transportation Consultants, and Hardie’s client, said, “Noah’s key quality is tenacity. He never gives up and keeps going until he has secured us the best outcome or solution.”
Another client, a website development firm, said, “I would recommend Noah to anyone. His personal integrity, knowledge and white glove treatment stand out in an industry sometimes fraught with mediocrity and recalcitrance.”
What is a Power Broker?
A Risk & Insurance Power Broker® is an individual who stands out among their peers for the exceptional client work they delivered over the past year. While brokers play many key roles in the insurance industry and risk profession, a Power Broker® award recognizes problem solving, customer service and industry knowledge.
Our goal is to broadly recognize and promote outstanding risk management and customer service among the brokerage community.
Who selects the winners?
Power Brokers are selected by risk managers based on the strength of the testimonials they provide to a team of 15 Risk & Insurance editors and writers.