HUB International Broker David Garrigus Recognized as a 2020 Finance Power Broker
David Garrigus, EVP, Management & Professional Liability Practice Leader, HUB International
Creativity is one characteristic that defines a Power Broker, and David Garrigus has exhibited this trait multiple times.
In one instance, a client was looking for expanded coverage of a key exposure, but Garrigus saw the bigger picture.
He realized that by updating the language of other policies, he could address some of the exposure and therefore reduce the remaining limits needed to fully cover the risk.
He convinced the client to switch carriers and turn to an alternative market that has specialized expertise in its industry. In the end, he created a greater breadth of coverage at a lower cost.
In another case, a client was breaking apart from its parent company and forming its own entity. The owners “were very meticulous and demanding both of time and resources. Let us just say that the primary contact is a lawyer,” said the risk manager at the firm.
Garrigus set about building the insurance program from scratch, working with a tight budget in a hardening market. He got the job done by again exploring alternative markets and program structures that delivered the necessary terms and limits without blowing up the premium costs.
Said another long-time client of Garrigus: “I’ve been in the business over 30 years. I would regard David as one of the best I’ve ever encountered with respect to industry knowledge, service and dedication. He made my life a lot easier.”
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 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.