HUB International Broker Robert Raymond Recognized as a 2021 Private Client Power Broker
Robert Raymond, Vice President, Private Client Services, HUB International
Time was of the essence for one of Robert Raymond’s clients who’d just purchased a second home and had 30 days to do a home inspection and find insurance before closing. He turned to Raymond, vice president of Private Client Services for HUB International, who navigated the process smoothly, and also reduced his costs by an estimated $5,000 a year.“
He quickly gave me a quote and helped me consolidate my policies,” said client Rick Lyon.
Raymond thrives on understanding the complex planning needs of ultra-wealthy clients and developing creative, customized strategies. In another recent scenario, Raymond reviewed a new client’s entire risk management strategy, and found some flaws.
His review determined that their vacation property was underinsured, but their primary residence was grossly over insured because necessary inspections hadn’t been conducted at either residence.
In addition, the client was missing some key coverages and concierge services that their current carrier offered, but hadn’t been brought to their attention.
Through diligence and strong market relationships, Raymond found a replacement insurer who provided several measures including removal of $1.5 million in over insurance on the primary residence and a correction of $200,000 in under-insurance on the vacation home. Raymond’s efforts generated a 12.9 percent reduction in the annual insurance spend for his client, while enhancing coverage and providing better pre-loss planning.
2021 Private Client Power Broker Winners and Finalists
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.