Marsh Broker Joseph Pagano Recognized as a 2023 International Power Broker
Joseph Pagano, Vice President/Advisory Specialist, Marsh
Many people consider Joseph Pagano a subject matter expert in foreign liability. Just ask Robert O’Connor, director, insurance and risk management, Rockwell Automation Inc.
Rockwell conducts business in more than 100 countries and recently completed a large acquisition and engaged in a joint venture that required analysis, integration and documentation of multiple risks and risk mitigation requirements.
“The joint venture requires a parallel insurance program,” O’Connor said. “Furthermore, the insurer changed underwriters this year, making Joe’s institutional knowledge more important. The analysis and integration were seamless, and his customer service was exemplary.
“Joe’s response time seems as though Rockwell is his sole account, though I know that isn’t the case. Analyzing, placing and servicing insurance coverage in over 100 countries is quite complex. Joe has complete control over the Marsh global matrix and is able to articulate nuances by countries.”
Matt Diss, risk manager, Wabtec, agreed. “Due to Joe’s effort, we have developed a plan to restructure the international liability program, which will make the program marketable for future renewals. A few changes that Joe has identified and implemented into the program have produced a premium savings of $400,000 this year,” Diss said.
“We anticipate additional savings when the restructuring of the program has been fully implemented. Joe has a deep understanding of my industry and is considered an expert in international insurance programs and markets.”
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.