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Gallagher Broker Kevin Woods Recognized as a 2024 Transportation Power Broker

Topics: Transportation

Kevin Woods, Managing Director, Rail, Transportation Practice, Gallagher

Kevin Woods
Managing Director, Rail, Transportation Practice
Gallagher, Monroe, La.

As managing director of Gallagher’s rail transportation practice, Kevin Woods invests time and energy in many rail industry associations, and he regularly communicates with rail underwriters to keep up to date with insurance market trends and cultivate stronger relationships with clients and industry constituents.

Woods also works to extend competitive quotes and comprehensive insurance services to existing and potential clients. As Michael Anastasi, director of insurance and claims at Sound Transit, explained, the agency has experienced continuous growth, necessitating carrier commitments three to five years down the road.

“Kevin procures our contractually required $100 million light rail liability and $323 million heavy rail liability coverage with a proactive game plan to keep our program structure intact for the future,” Anastasi said. “Kevin’s long-standing relationships, proactive marketing and comprehensive submissions allow Sound Transit to procure the required capacity at an affordable price.”

Renewals are always oversubscribed, affording Sound Transit the opportunity to pick and choose the appropriate carriers with the best terms and conditions. Woods works on Sound Transit’s rail liability renewals continuously throughout the year, keeping the client updated with real-time market conditions and the ability to properly budget for the upcoming policy term.

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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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