Marsh Broker Liza Webster Recognized as a 2019 Environmental Power Broker
Liza Webster, Senior Vice President, Marsh
“We faced a very challenging environmental circumstance in connection with an acquisition,” said one general counsel.
“Liza did a wonderful job of developing a very thorough understanding of the situation and provided our company with some creative potential solutions. She then communicated the circumstances and the desired plan to the insurance market.”
Without Liza Webster’s perspicacity, “I doubt our company would have moved forward with this acquisition.”
Another client concurred. “Liza was an incredibly important resource to us in connection with a recent property investment,” said one COO. “The investment involved a land purchase of more than 100 acres from a user who had contaminated the site over its 50-year ownership.
“The nature of the contamination is complicated, and our investment plans for the site call for remediation and redevelopment for mixed use.
We worked with Liza almost from the beginning of the process … to put in place pollution legal liability insurance coverage.”
Webster made sure the company conducted sufficient testing and had the documentation necessary to generate interest from the insurance markets and bind the coverage needed to satisfy joint venture partners and potential lenders.
“She took the time to educate us on the insurance markets and to educate the carriers on our property. Ultimately, she put us in the best position to obtain the best terms for the coverage we needed,” said the COO.
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.