Aon Broker Faye Yu Recognized as a 2022 Entertainment Power Broker

Topics: Entertainment

Faye Yu, SVP, Team Leader, Senior Broker, Aon

Faye Yu
SVP, Team Leader, Senior Broker
Aon, Los Angeles

When Fox Corporation, a company with offices in 46 countries, struggled to establish and maintain insurance requirements for vendors, VP of risk management Vincent Monastersky knew something needed to change.

He enlisted the help of broker Faye Yu to help in the development of a package that would be able to meet insurance requirements, both customary and sensible, for all 46 countries.

Yu’s responsibility within the project entailed polling an international network of brokers to gauge which coverages were feasible in each country, as well as the average buy for certain policies.

After Yu collected and compiled this data, Fox was able to create an insurance package containing four to five different lines of coverage and “various contractual wording [needed] in insurance requirements, such as additional insured and 30-day notice cancelation,” Monastersky said.

“It was definitely a challenge, but it was critical to the project, it couldn’t be done without it,” he said.

In the end, Fox Corporation now has what Monastersky calls “an invaluable tool” that is still being used to help benefit current work. And that wouldn’t have been possible with Yu’s dedication.

“It all comes down to Faye helping me with this project,” he said.

All 2022 Power Broker Winners

2022 Entertainment Power Broker Winners and Finalists

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.

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