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Lockton Broker Greg Jarrell Recognized as a 2024 Captives Power Broker

Topics: Captives

Greg Jarrell, Account Executive, Lockton

Greg Jarrell, AINS
Account Executive
Lockton, Los Angeles

Acquisitions can be difficult at the best of times. But where a captive is concerned, they can be even more tricky.

When a private equity client approached Greg Jarrell for help with such a deal, he faced a host of challenges. The client was acquiring multiple companies, one of which was already part of a captive.

Jarrell accessed the captive, ensuring the best option and creating significant value for his client. The upshot was that Jarrell not only reduced initial costs by integrating the new companies but also preserved the client’s collateral posting, thereby saving it around $400,000 annually. Additionally, the captive’s $2 million primary limits simplified the placement of umbrella coverage.

For another client that runs a chain of convenience stores and retail fueling centers, Jarrell incorporated a newly acquired IT firm into its captive program at minimal cost. The client later diversified into a wholesale fuel division, posing a unique risk profile challenge that it hadn’t initially anticipated. By championing a tailored rating structure, Jarrell ensured that it wasn’t charged higher retail rates, resulting in substantial cost savings.

JC Haning, VP at Captive Resources, who has worked with Jarrell on captive deals, said, “Greg is always presenting well in front of clients and knows what makes sense for them from a loss and premium standpoint, as well as having a strong knowledge of the insurance industry.”

All 2024 Power Broker Winners

2024 Captive 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.

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