Aon Broker David Reisinger Recognized as a 2021 Traditional Energy Power Broker
David Reisinger, Senior Vice President, Aon
As reported in the March 2020 issue of Risk & Insurance, the environmental benefits of reduced coal burning have also resulted in underwriting capacity leaving that sector. Brokers had a tough time placing coverage even before the pandemic and recession.
“We had a fairly simple quote-share program among carriers in the U.S. and London,” said one director of insurance. “It was not complicated at all. Then came our March 2020 renewal into a market that was hardening quickly. We were left short of capacity despite a regulatory requirement for full coverage.”
The company had a simple combination of primary and excess layers which gave Aon’s David Reisinger a basis from which to build.
“Some of our incumbent carriers had slashed capacity,” said the director. “David was able to bring in some new carriers. Some markets were uncomfortable about writing us, but with his guidance we were able to get them comfortable by buying down deductible.”
Reisinger won further laurels helping another client step up to unexpected challenges.
“While I have been a leader in the legal department for more than 25 years at my firm, this year insurance was also added to my duties. Dave and his colleagues were instrumental in my success this year. I leaned on them greatly given the tight market. I needed their expertise in providing explanations and recommendations to leadership.”
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.