Marsh Broker Bryan Berkman Recognized as a 2021 Pharmaceuticals Power Broker
Bryan Berkman, Managing Director, Marsh
Bryan Berkman takes creativity seriously. Working with big multinational clients in the pharmaceutical space, 2020 would have challenged any broker, but Berkman rose to the occasion.
He worked with one client that was growing and expanding very quickly over the last year, leading to new challenges at renewal, particularly with its D&O coverage.
Berkman worked to provide education on the client’s business, highlighting its unique risk differentiators. In the end, he was successful in securing the renewal and retaining most incumbent insurers and prior limits. This would be a great result for a challenging client in a good year, but added to COVID constraints, Berkman’s result was particularly impressive. His client was pleased, agreeing, “It was an excellent outcome in the face of extremely challenging market and sector conditions.”
For another client, Berkman utilized a global approach and found sufficient capacity in the U.S. to solve a pricing inversion challenge.
His client raved, “His creativity in adjusting to market conditions and devising program structures and strategies to optimize coverage never fails to impress.”
Berkman is also busy as Marsh’s FINPRO national resource for IPOs and co-leads Marsh’s Life Science FINPRO practice, where he often educates and informs colleagues, clients and prospects.
Berkman’s clients commented on his infectious personality and sense of humor. He gets the job done well and has fun doing it.
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.