EPIC Insurance Broker Karen Harris Recognized as a 2023 Transportation Power Broker
Karen Harris, Principal, EPIC Insurance Brokers
Building confidence and trust among her longtime clients is one way that Karen Harris stands out from the pack.
When a 25-year-plus workers’ compensation client experienced significant cost increases for its transportation fleets and other lines, Harris stepped in and came up with a solution that saved it $1 million in the first year.
The client had been reluctant to break up with a previous broker that it had been with for about 50 years, but Harris analyzed the company’s fleet program thoroughly and provided it with options to save money going forward.
She then worked with the client to determine where it was comfortable taking risks and offered high deductibles and various other cost options to meet its comfort level, ultimately recommending a $1 million plan.
While Harris’ client had losses averaging $300,000 per year for its transportation line, its savings (which added up to $1.5 million annually) far outweighed its losses, and it now has the potential to save millions of dollars over the next five years.
Anthony Dedeaux, property director and insurance committee leader for Dart Entities Inc., said Harris offered creative solutions when his company ended a relationship with a previous broker it had been with for more than 40 years.
“We weren’t super sophisticated about insurance, but she held our hands through it,” he said. “We could save $400,000 to $500,000 if everything goes right.”
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.