Aon Broker Stephen Kyriacou Recognized as a 2024 Specialty Power Broker

Topics: Specialty

Stephen Kyriacou, Managing Director and Senior Lawyer, Aon

Stephen Kyriacou
Managing Director, Senior Lawyer
Aon, New York

The litigation and contingent risk insurance market is focusing less on single-case judgment preservation insurance and adverse judgment insurance risks and more on portfolio-based policies that better spread risk across multiple different cases.

As such, Stephen Kyriacou focuses on deepening his connections with the primary buyers of such policies — namely, litigation funders and plaintiff-side contingency fee law firms.

A risk manager for a private equity firm whose portfolio company won a large judgment that was insured by Kyriacou and his team noted that Kyriacou delivered an innovative, one-of-a-kind solution for the portfolio company to manage a unique litigation risk.

“The solution has generated meaningful value creation for our portfolio company,” the client said.

This client expects its broker partners to understand all facets of the business and the specific needs of each of its portfolio companies.

“Stephen, being a senior lawyer and part of the Aon M&A team, has a distinctive background in providing transaction solutions to clients in our space,” the client said. “On our solution, in particular, he negotiated with over 30 insurers to syndicate capital for over 50 layers of a complex insurance placement. His knowledge of the industry market is very strong, and we would not have achieved the result that we did without his involvement and leadership.”

All 2024 Power Broker Winners

2024 Specialty 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 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.

More from Risk & Insurance

More from Risk & Insurance