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Marsh Broker Andrés Riveros Recognized as a 2024 Traditional Energy Power Broker

Topics: Energy

Andrés Riveros, Senior Vice President, Marsh

Andrés Riveros, CRM
Senior Vice President
Marsh, Calgary, Canada

The 2023 renewal for one client started inauspiciously with the exit of the first excess carrier, which had deployed a large capacity on the program. That knuckleball was followed by the announcement of a major acquisition.

Separately, the company was grappling with technology complications and also had several acquisitions, none closely related to another, but somehow they all managed to reach closing at the same time.

Nevertheless, Andrés Riveros was able to hold a realigned program together and bind the coverage. In the end, he was able to achieve an almost 10% reduction in costs for the client’s directors and officers coverage, despite the complications.

“Andrés was able to handle the changes to our program very quickly while also giving us the background information we needed to prepare our various committees, management and others,” said the insurance manger. “Executive lines are a tricky business that requires a lot of technical expertise; Andrés has that in spades in addition to his customer service excellence.”

Just the previous year, the client had conducted a routine RFP for all lines. Far from losing placements, Riveros ended up gaining additional lines.

“His client service is truly unmatched,” the client continued. “He worked with our primary carrier to come up with a creative solution to a pricing challenge we were seeing. The arrangement they got to was something I have never seen done before in my 15 years in the industry.”

All 2024 Power Broker Winners

2024 Traditional Energy Power Broker Winners 


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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