Aon Broker Jeffrey Leadley Recognized as 2019 Construction Power Broker
Jeffrey Leadley, Regional Commercial Director, Aon
Aon’s Jeffrey Leadley created a risk financing method that looks promising enough to be used in much wider circulation than it currently is. The maneuver is using a captive as a reinsurance layer over the more traditional surety bonds that typically backstop sizable commercial financial obligations.
“It is extremely uncommon in the surety industry to utilize a captive or fronting structure since surety is indemnified credit and not risk transfer,” Leadley noted in his Power Broker® application.
That’s not Leadley’s only uncommon accomplishment. One client needed Leadley to pull off placement of surety bonds as guarantees in some foreign jurisdictions where they were previously using bank letters of credit; Leadley got it done and saved his client almost $200,000.
The client also credits Leadley with keeping his cool in highly pressurized situations.
They said Leadley “remains very calm and does not panic through the process as the deadline nears, a very level demeanor that never sparks alarm for the teams.”
“While Jeff does handle our often challenging day-to-day issues both quickly and efficiently, I believe it is what he does for us throughout the year that brings just as much value to our organization,” said another client.
“His flexible and innovative approach to problem solving has been integral in resolving issues that have allowed us to successfully build our business,” the client said.
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.