Aon Broker Michael Calhoun Recognized as a 2019 Aviation Power Broker
Michael Calhoun, Managing Director, Aon
Constriction in the aerospace sector was a common theme this year. “Major carriers have left,” said one director of insurance.
“We had a very difficult time this year, trying to get a renewal with 65 percent of the previous market capacity left out there. Michael was able to go to new markets for us, not just domestically but in London. We also had some loss deterioration this year, and that made the renewal even more difficult.”
“Michael has done a great job of leading us through a market-lead review in the face of a challenging liability market in aviation,” said one manager of risk and treasury. “Coming off unexpected increases to our prior year renewal, the lead review was done to be sure we were in the best spot in the market.
“Michael ensured that the correct markets were included in the review and looked to make sure this process went off according to schedule and that our corporate culture was communicated throughout the review.
“Once making a decision on a lead market, the challenging renewal was another endeavor Michael led to get to a point that we were able to renew our coverage with time to spare ahead of our expiration date.”
Another client asked Calhoun to manage a re-marketing of their aviation program in anticipation of significant growth in their fleet size and exposure. Calhoun led the initiative to identify potential market candidates. He conducted the review for qualifications and capabilities review of each, then coordinated interviews with the selected prospective finalists.
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.