Marsh Broker Lorraine Stack Recognized as a 2019 International Power Broker
Lorraine Stack, Managing Director, Marsh
Captives historically have been used primarily for property and casualty risks, but now more are writing employee benefits as companies are increasingly able to control stakeholder engagement across their firms — backed by better quality data from fronting insurers.
Last April, Marsh Captive Solutions’ Lorraine Stack coordinated a captive owner’s forum on employee benefits comprised of 15 of Marsh’s largest European multinational clients. The half-day event was a chance for thought leaders, industry experts and captive-owning clients to share knowledge, experiences, challenges and opportunities around employee benefit captives.
Stack is a specialist adviser on pension captive arrangements, having supported the first-ever pension captive establishment in Europe.
She is currently supporting another client who is assessing the suitability of adding pension risk to its Luxembourg captive.
“Lorraine has always been very supportive in helping us figure out our insurance program by reinsuring through our captive,” the client said. “She has always been helpful in her comments when we were asking questions.
“She’s also constructively curious and is very good at taking an idea maybe from a completely different industry or geography and apply it relevantly to your situation,” the client said. “Through building up respect and trust among her clients she has established her own niche and is only going to go from strength to strength in the future with 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.