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Gallagher Broker Kurt Thoennessen Recognized as a 2025 Private Client Power Broker

Topics: Private Client

Kurt Thoennessen, Area Vice President, Gallagher

Kurt Thoennessen
Area Vice President
Gallagher, New York

Natalie Burtson needed to assess the price of insurance for a property that she and her husband were planning to purchase in a fire-risk area in Carpinteria, Calif.

Three insurance agents had been mobilized, unsuccessfully, to give them a reasonable quote. Gallagher’s Kurt Thoennessen got the job done.

“Kurt was able to find us an underwriter right away. It was amazing,” Burtson said. “We were then able to buy the house. If we could not insure it, we would not have closed the deal … Having somebody who heard our concerns and set about to be creative to keep us protected while reducing our costs was special.”

At the appraisal, the property was valued at 17% higher than the initial increase, which would imply a 16% increase of the original premium quote. Thoennessen was able to limit the increase to 3%. Kennedy Cogan has been working with Thoennessen for over 15 years.

Last year, she asked Thoennessen to find insurance cover for a new garage that she was going to build for her Connecticut home. “We were tearing it down, and we wanted to get it covered in the simplest and most cost-effective way,” Cogan said.

Thoennessen estimated that including the building work in the homeowner’s policy would generate a surcharge of 60% to what was already an expensive cover. Instead of endorsing the homeowner’s policy to cover the construction project, Thoennessen proposed to write a separate policy that would only cover the new structure. The result was a 35% surcharge to a much lower-cost homeowner’s policy.

All 2025 Power Broker Winners

2025 Private Client 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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