Hylant Broker Anne Marie Towle Recognized as a 2024 Captives Power Broker

Anne Marie Towle, CEO, Global Risk and Captive Solutions, Hylant

Facing a hard market and capacity constraints, Topco Associates, a member-owned cooperative of 45 grocery chains, needed to relieve financial pressure and leverage purchasing power for its members to drive savings and remain competitive.

It called on Anne Marie Towle to deliver a solution. In collaboration with Milliman, the actuarial firm, Towle presented a proposal to her client that used a sponsored captive structure to aggregate purchasing power and pass savings on to members within the insurance arena.

Topco decided to run with her idea and launched a feasibility study.

Key to the captive’s success was the member engagement and education process throughout the study. Recognizing that the long-term success of a captive depends on the education of its members, Towle built in an educational element to the study, explaining to members how using a captive compares to buying traditional insurance.

By doing so, she was able to ensure a strong, long-term captive strategy that was understood and supported by its members.

The net result was that the captive enhanced operational efficiencies by making sure members were properly accruing savings for future losses.

Another client said: “Anne Marie is always readily available. She’s always bringing new ideas on how we can further improve our risk financing programs and is a renowned thought leader within the risk management and insurance industry.”

All 2024 Power Broker Winners

2024 Captive Power Broker Winners and Finalists

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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.