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EPIC Broker DeAnna Buck Recognized as a 2019 Captives Power Broker

Topics: Captives

DeAnna Buck, AFSB
Principal
EPIC, Fresno, Calif.

DeAnna Buck, Principal, EPIC

Logistics and distribution firm Performance Team had grown to become one of the largest members of its group captive, building $3.5 million in equity and making millions of upfront cost savings in the space of just seven years.

But DeAnna Buck was convinced there was more she could do for her client. So she looked at the group’s operating expenses and performance during that period and concluded that it should employ a cell captive that would maximize its funding and provide it with the flexibility to add other lines it was currently self-funding. It would also give the company greater control of its total cost of risk outside of the group model.

In her final summary, Buck presented her client with an option to layer a high deductible policy with its own captive, thus reducing the expenses associated with its program.

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It also enabled the client to customize its program to include its deductibles on fully insured policies, as well as to reduce its collateral drastically under the group model.

Another client of 10 years, Greystone Plastering, who Buck convinced to join a group captive, has also reaped the benefits of her experience.

“DeAnna is a great problem solver,” said company president Mike Stonehocker.

“She listens to the needs of the customer but is patient in allowing us to make the right decisions for our company. {She] is a smart individual who shows a great deal of applied talent in the area of captive insurance programs.”

All 2019 Power Broker Winners

2019 Captives 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 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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