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Aon Broker Julia Yu Recognized as a 2024 Utilities Power Broker

Topics: Utilities

Julia Yu, Senior Casualty Specialist, Aon

Julia Yu, ARM
Senior Casualty Specialist
Aon, New York

Industry knowledge is one thing. Combine that with sheer  determination and you might just wind up with Julia Yu.

“Julia provides superior service to our U.S. onshore business,” said the insurance specialist at one major global client, “specifically on the casualty insurance needed for both our operational and construction projects. She has been instrumental in making sure the renewal for 2024 is a success, even in a hard market. She does not settle for less than the best in class at reasonable rates. Her relationships with markets, superior knowledge and perseverance have ensured we will have the best coverage with leading markets while ensuring costs are kept at a minimum.”

Yu was asked by the client’s new risk management team to manage and consolidate multiple policies and different policy dates into a project-specific master program for the two major geographic entities.

In doing that, Yu created efficiencies and drove down both premiums, as well as the time necessary for quick turnaround budget estimates.

The risk manager at another client firm explained that “as a result of divesture of plants and also a potential acquisition, our company needed to secure estimates of return premiums for plants to be divested. That varied with the timing of divesture as well as the impact on program premiums from a potential acquisition. Julia worked with the markets to provide the needed guidance for the impact on premiums for these transactions.”

 

All 2024 Power Broker Winners

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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.

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