Aon Broker Alec Giacco Recognized as a 2023 Specialty Power Broker
Alec Giacco, AVP, Broker, Digital Economy Practice, Aon
Transparency and trust are the cornerstones of Alec Giacco’s approach to every client: “In our relatively new industry [micromobility], it’s evident that Alec has worked with a number of clients in this space. We lean on him for industry knowledge as it relates to not only insurance but also regulatory issues which often arise,” said Calvin Mang, director of insurance, Lime.
Recently, California announced a proposed Assembly Bill that would set new regulations into motion for micromobility operators. Giacco worked with the Lime government relations team to help shape legislative language to be proposed in the California State Senate.
Giacco also pulled together market indications to help them develop their own internal budgeting and forecasting — all of which set up the Lime risk management team for success. The legislation was passed last summer, and the regulatory impacts came into effect this year.
“Alec provided great support as we went through transitional and pivotal changes. [He] was able to provide historic context and insights on why and how our insurance programs were structured in certain ways,” Mang said. “The business was looking to restructure the programs and change the way we internally price our risk. Alec was able to support these initiatives, which led to successful renewals during difficult market conditions.
“Through our partnership, Alec has provided excellent customer service. He has been responsive even through many ad hoc emergency requests.”
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 have 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.