Aon Broker Faye Yu Recognized as a 2023 Entertainment Power Broker
Faye Yu, SVP, Team Leader, Aon
Proactively evaluating risk and providing solutions to clients is what drives Faye Yu. A great example of this is Yu’s work with Lenovo, a manufacturer of personal computers. Lenovo recently acquired a stake in Hong Kong-based IT service provider PCCW digital units.
Within a three-day period, Yu and her team bound the coverage, including one master policy in the U.S. and three foreign compulsory insurance policies. Within three business days, Yu and her team completed marketing, quote review, binding and implementation.
“There were multiple gaps in the insurance coverage between the group and the newly acquired entity,” said Ser Mein Koh, director, insurance and treasury, Lenovo Group Ltd.
“Faye has been very helpful in bridging the gap to ensure we have a smooth closing. She has been very proactive and responsive in providing support to me and my team and keeps abreast of the business trends and developments in the industry. She also actively makes recommendations on insurance that might be relevant to our business.”
Another client requires tailored insurance that’s further complicated by the tight timelines of its film and television production schedule.
“Faye has been a valuable resource and critical to our success on many projects,” said the client. “Our projects require insurance placement in diverse countries around the world that require deep knowledge and partnerships to be successful. Faye’s knowledge of countries, policies and our company’s appetite for risk are just some of the reasons she is a great broker.”
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.