Marsh Broker Akshay Sood Recognized as a 2024 Specialty Power Broker

Topics: Specialty

Akshay Sood, SVP, Bank A/R Leader, Marsh

Akshay Sood
SVP, Bank A/R Leader
Marsh, New York

Credit insurance focuses on developing insurance solutions for large financial transactions that can span the globe and occur across a large variety of sectors. As such, when working with financial institutions, Akshay Sood constantly stays apprised of the latest developments in the financial industry.

For a global banking institution, which was expanding its portfolio and scale of business in the U.S., Sood recognized that the bank would need credit insurance to support evolving transaction and product types that had historically either not been supported by insurers or were entirely new.

In collaboration with the client, Sood organized a large-scale event, akin to a conference, dedicated exclusively to addressing the client’s evolving credit insurance needs, which involved over 100 professional attendees.

“This was the first ever insurance-focused ‘investor day’ held at a large financial institution in New York. The event was designed to create a forum of partnership and collaboration between insurers and banking partners, and it included a robust agenda focused on insurance trends, market impact, product deep dives and the future path on risk management in trade credit,” said the client.

The true success of the event was seen shortly thereafter when insurance partners approached the global banking institution and confirmed their interest in supporting new business opportunities, as well as a willingness to brainstorm and discover solutions to other risk management-focused topics.

All 2024 Power Broker Winners

2024 Specialty 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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