Gillis, Ellis & Baker Broker Betsy Ellis Clement Recognized as a 2019 Private Client Power Broker
Betsy Ellis Clement, Vice President, Gillis, Ellis & Baker Inc.
Perched below sea level and prone to flooding and hurricanes, New Orleans can be a pricey place for insurance, especially for high net worth individuals.
Identifying a growing need for private client services in the area, Betsy Clement spearheaded the creation of the Personal Life Program at Gillis, Ellis & Baker. She aims to build policies to protect the lifestyles of high net worth clients while minimizing cost through an advanced understanding of underwriting processes at the top carriers.
Two years ago, an executive at a major tech firm started working with Clement when he moved his personal policies to PURE.
Clement helped him increase coverage and address other potential liability issues, in addition to identifying exposure in other financial investments and securing D&O coverage as he and his wife sit on multiple boards.
“She offered a holistic approach to coverage … she’s very proactive in having a knowledge of the types of concerns and issues that high net worth individuals would have,” he said.
When the client’s home was burglarized only six months after transferring the policy, he said Clement was very responsive in bringing in subject matter experts to work with police and to resolve the claim. After the event, she also worked with the insurer to recommend cameras and make recommendations on vendors and placement.
“Her responsiveness to that event was very remarkable and went above and beyond the coverage itself,” he said.
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.