Marsh Broker Amber Walker Recognized as a 2019 Environmental Power Broker
Amber Walker, Vice President, Marsh
“The environmental coverage placement for my company was difficult to say the least,” noted one director of loss control. “It would be simple if all my company had to do was buy pollution coverage for above-ground fuel tanks, but the coverage Amber has placed for us is much more complicated.
She negotiated with the carrier to provide pollution insurance that covers animal waste, wet and dry, that is transported by third parties off site in addition to the tank coverage.
All of this with a seamless three-year policy renewal term. During two acquisitions this year she negotiated with the carrier to add the acquisitions with no additional premium. All stress free. She is a phenomenal broker.”
This was a particularly challenging renewal, because many markets have little to no appetite in the agricultural/livestock segment.
Adding to the challenge, the expiring policy included products-pollution coverage at third-party sites. Amber Walker approached 26 markets, the majority declined.
But the renewal resulted in products-pollution coverage, broadened coverage for sites with known pollution, broader transportation coverage, improvement in business interruption coverage and a 40 percent premium reduction.
In another case, Walker flipped the script, bringing a new carrier in the segment to an established client.
It was a complex program, one with claims still being sorted, that gave the underwriter pause. By walking both insured and insurer slowly through the process, Walker secured the placement and increased overall capacity in the segment.
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 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.