Marsh Broker John Frazee Recognized as a 2022 Marine Power Broker
John Frazee, Senior Vice President, Marsh
Clients of John Frazee have no problem singing the broker’s praises.
“In 2021, we thought our cargo stock throughput program was going to have to go through major changes to align with our new management team’s risk tolerance,” the treasury manager for one shipper said.
“John Frazee was able to provide us with multiple structural options all priced competitively. Once we decided how to proceed, John further negotiated a more-favorable premium.”
The treasury manager added, “John will walk me through the pros and cons of the structure changes we are contemplating next to help me understand our risk from the underwriters’ point of view.”
The risk manager for a global manufacturing firm said, “This past renewal, he negotiated a premium reduction in a very hard marine market where it has become increasingly difficult to attract new carriers. There have been many moving parts to manage, and John has been instrumental in successfully growing our program.
“Quick decisions, requiring efficient risk response, were needed to be made to minimize the impact of the disruption. John made it possible to identify the underlying risks from the operational changes and make the requisite modifications to our program. In some instances, we had to secure coverage for new supply channels in other countries.”
2022 Marine 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 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.