CAC Specialty Broker Marc Toy Recognized as a 2022 Renewable Energy Power Broker
Marc Toy, Executive Vice President, Natural Resources, CAC Specialty
Two new clients, one a new risk manager at an established program and the other an established risk manager at a new client, complimented Marc Toy for his patience and expertise in bringing them along. The new program was placing its first solar-specific program, so the learning curve was doubly steep.
“My role as risk manager was new to the company,” said one client, “and Marc was able to provide all the information necessary to make my introduction easy and continued to support me through my integration. He knew more about the company’s insurance program than anyone employed by the company.”
Other clients also focused on his central role. “Marc supported my company in the negotiation of many project-specific insurance provisions across projects worth billions of dollars, said the director of project finance at one developer. Specifically, his ability to solve problems on live issues and negotiate with unique counter-parties allowed us to achieve superior outcomes. Marc skillfully navigated counterparties and with other project participants, such as insurance consultants.”
The director of insurance at another firm said, “Marc was instrumental in a favorable renewal amidst hard market conditions. In addition, Marc helped us understand the nuances of owner-controlled and contractor-controlled insurance programs for our large and complex development and construction projects. He further helped us develop our strategy on those placements and analysis.”
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.