AssuredPartners Broker Reid Clary Recognized as a 2024 Agriculture Power Broker

Topics: Agriculture

Reid Clary, VP, Agribusiness, AssuredPartners

Reid Clary
VP, Agribusiness
AssuredPartners, Princeton, Ill.

“As part of the ag industry, we’ve been watching the pool of insurance companies decline to less than a handful,” said Barb Koehnke, CFO of Maplehurst Farms.

After its current insurer announced that it was leaving the already-difficult ag space, “there are two avenues where Reid Clary has been extremely helpful. Reid is helping us navigate setting up a captive insurance company as a solution to rising rates and lower coverage on standard insurance. Reid also has connections through AssuredPartners that provided markets for traditional insurance during a time when we were struggling to find carriers. He has gone above and beyond to help us through renewal this past year,” Koehnke said.

“The grain industry is facing major challenges, with increased replacement costs of capital projects and supply chain disruptions in recent years,” said Mark Heil, general manager of Prairie Central Cooperative. “Reid was especially helpful after the cooperative purchased five grain elevators in the summer of 2022. He provided guidance both preand post-acquisition to assess this added risk profile and solutions to our insurance coverages.”

Heil added that Clary “personally coordinated a comprehensive update of our grain elevator fixed assets with photos, diagrams and detailed specifications to help assure an accurate valuation assessment.”

Dean Danielson, VP of risk management at Alcivia Cooperative, said he’s witnessed Clary “become a rock star right in front of my eyes!”

All 2024 Power Broker Winners

2024 Agriculture 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.

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