Aon Broker Shawn Walsh Recognized as a 2019 International Power Broker
Shawn Walsh, Senior Vice President, Aon
One of Shawn Walsh’s clients, Associated Capital Group, was in the process of raising capital via a special purpose acquisition company, specifically targeting European companies.
However, given the uncertainty of industries and Associated’s limited flexibility in the process, the challenge for underwriters was that they had limited knowledge on what they were ultimately underwriting.
Walsh and his team were successful in negotiating favorable terms and pricing and in coordinating with international insurers to place the special purpose acquisition company’s IPO, as well as the prepaid run-off coverage once the merger commenced — a feat especially noteworthy considering there were insurers that were not as familiar with the set-up of such a company.
To overcome the additional challenge of needing the policy to also be in English, Walsh and his team had the foreign insurers’ U.S. counterpart separately draft a policy mirroring the local policy for the international board.
“Shawn was able to liaison with the European carriers very effectively, with a very quick turn-around getting coverage for the entity,” said Francis Conroy, Associated’s CFO. “His service was above and beyond.”
“Shawn Walsh and his team are thorough, responsive and are solution-oriented in their efforts,” said another client, Michael Weiner, chief legal officer at Ares Management Corp.
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.