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Gallagher Broker Madalyn Young Recognized as a 2024 Health Care Power Broker

Topics: Health Care

Madalyn Young, Account Executive, Gallagher

Portrait of Madalyn Young

Madalyn Young, CLCS
Account Executive
Gallagher, Washington

Startup firms in the health care industry are exciting and innovative — traits that make them interesting but challenging to insure. With these new opportunities come new risks and exposures to mitigate. Madalyn Young focuses on these firms, finding success by learning their business, understanding their risks and being an expert in the marketplace. She also has to be a change agent, knowing these companies face different risks than their more traditional counterparts.

For one recent startup client that has enjoyed a high growth trajectory, Young focused on adding value. One way she did this was through a partnership with her employee benefits team. Together, they streamlined and optimized the client’s employee benefits program, resulting in significant cost savings for the organization. Staying proactive and on top of her client’s changing needs allowed Young to realize this partnership opportunity.

A telemedicine client faced challenges finding coverage due to a lack of financial information and operational history to evaluate its risk. Young leveraged her expertise, carrier relationships and industry knowledge to communicate with potential insurers and, ultimately, to find coverage.

Yet another client explained they had expected their premiums to go up, as they had seen significant growth over the past year, and was pleased they did not increase as much as he feared. He credited Young for that outcome.

All 2024 Power Broker Winners

2024 Health Care 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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