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Marsh Broker Olivia Bachelet Recognized as a 2024 Traditional Energy Power Broker

Topics: Energy

Olivia Bachelet, Associate Client Advisor, Marsh

Olivia Bachelet, ARM
Associate Client Advisor
Marsh, Dallas, Texas

The effort Olivia Bachelet puts into solving her clients’ problems is much appreciated.

“When working with Olivia this year, I got the sense from her all-around performance and availability that she does not have any other clients,” one client said.

Another client had historically been on a guaranteed-cost structure. However, several factors, including the firm’s growth, militated against retaining that structure at a comparable premium. Bachelet worked with the risk manager regarding his and the company’s appetite for retaining more risk.

“Olivia was very helpful in 2023,” the risk manager said. “Olivia provided the recommendations to structure the program in a different way. Also, she provided me with information to communicate to my management. That, then, provided comfort that we were making the correct decision. This was a big step in the growth of our company, and so far it is proving to be the wise decision. I am very appreciative of her efforts to assist with this big shift in 2023.”

Yet another client underwent several major structural and financial changes during the year, which reduced both its income and its exposures.

The initial response from the underwriter was to demand full payment for the annual premium, as well as collateral, before renewal. Bachelet was able to restructure a program appropriate for the reduced exposures, which also made for less onerous payment requirements from the underwriter.

All 2024 Power Broker Winners

2024 Traditional Energy Power Broker Winners 


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 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.

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