Insurance Office of America Broker Bo Shaw Recognized as a 2021 Real Estate Power Broker
Bo Shaw, Producer, Insurance Office of America
Joshua Schlachter was new to the condo association board at The Cloisters, a 100-unit building in Atlanta. But as an underwriting consultant, he could tell that the property, built in 1975, did not carry adequate coverage. Bo Shaw was among the brokers who Schlachter called in to explore the board’s options. Shaw was the only one who asked tough questions about the kind of information that would be needed and followed up after the initial meeting.
“That was a major catalyst to the whole process,” Schlachter said. Shaw eventually went on to win the business, Schlachter said. “He really showed us what the marketplace is giving and what our property warrants.”
Even after coverage was placed, Shaw stayed involved and attended board meetings. He helped identify potential property managers, for example, when the condo board was looking to make a change, and helped refine the property’s water mitigation tactics.
“I think Bo’s made a good career so far of understanding the long-term implications of this business and understanding how important relationships are,” Schlachter said.
Shaw has made a similar impression on Richard McClure, president of McClure Co., a real estate developer with retail and medical properties in Florida and western Pennsylvania. Shaw handles claims for the company and provides quick quotes when McClure is considering whether to purchase a property.
“His responsiveness and attention to detail makes my job a lot easier,” McClure said.
2021 Real Estate 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.