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Digital EditionInsurance Office of America Broker John Averill Recognized as a 2024 At-Large Power Broker
John Averill, Vice President, Senior Broker, Insurance Office of America
True specialist brokers in the aviation space are a rare breed.
That’s why John Averill is worth his weight in gold. When the plane of one of his clients — Priority Jet’s Cessna Citations — was hit on the ramp during an overnight stay at a fixed-base operator in Maine, the company was facing a substantial bill for damage and four and a half months’ worth of repairs. But rather than filing a claim with the client’s hull and liability insurers, Averill pursued the fixed-base operator directly.
While the business and legal liability case was hard to prove, he put together a demand that couldn’t be refuted by the fixed-base operator and its insurer.
John Averill
Vice President, Senior Broker, Insurance Office of America
As a result, Averill secured total coverage of repair costs worth approximately $400,000, as well as lost profits, expenses and diminished value, which was an additional $700,000. Consequently, that kept his client in business until repairs were completed despite not being able to operate half its fleet.
A similar situation occurred recently when Priority Jet experienced another ramp incident at Dulles that it wasn’t at fault for. While the damage wasn’t as extensive, it still caused one of its jets to be out of service for a minimum of three weeks. Averill is again pursuing the fixed-base operator concerned.
Another client, who he helped to secure property and pollution coverage on a newly leased hangar, said: “John is extremely responsive, dedicated and committed to providing quick and, most importantly, accurate information at a moment’s notice.”
2024 At-Large Power Broker Winners and Finalists
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.
