2222222222

AssuredPartners Broker Phil Masi Recognized as a 2024 Real Estate Power Broker

Topics: Real Estate

Phil Masi, Agency President, AssuredPartners

Phil Masi
Agency President
AssuredPartners, Lake Mary, Fla.

Accurate valuations have been a sticking point in the property insurance market as inflation drives up repair and replacement costs across the board. In some cases, revising a valuation can actually yield savings.

“One of our buildings was valued at $31 million more than the one right next door, and that rolled over for something like 10 to 14 years.
So we were paying way more in value than we needed to be,” said one property manager.

“The insurer accepted the new valuation, and Phil [Masi] was actually able to get us a refund. He already had us covered at full replacement value with a 3% deductible. I have colleagues who can’t wait for their policies to end so they can do business with Phil. I think he’s a miracle worker.”

Another client often faced challenges with a particularly risky property, a 40-year-old beachside high-rise condominium.

“It’s often turned down for coverage because of those factors. Phil went above and beyond to find coverage when there were very few companies underwriting other properties of our scale. He really fought for us this past season,” said the condo’s property manager.

Masi has been able to find solutions where other brokers have not thanks to his longstanding carrier relationships, built over years of ingraining himself in the real estate industry. This has enabled him to turn to alternative markets where traditional ones can’t provide the terms or pricing his clients need.

All 2024 Power Broker Winners

2024 Real Estate 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