Marsh Broker Whitney Nelson Recognized as a 2019 Marine Power Broker
Whitney Nelson, Vice President, Marsh
Whitney Nelson knows marine insurance. But it is what she does with that knowledge that makes her a Power Broker®.
“Marsh and Whitney came to the table and said, ‘Let’s take your raw products and finished goods out of your property program, which has a higher rate, and put that into a stock throughput program, and we’ll put your cargo in there as well,’ ” said one happy client.
“It was new to me, I had never heard of it before. You are taking close to a billion of your property exposure and moving it to a different type of program. We saved a considerable amount of money, and Whitney was the one who led the effort.”
Another multinational client saw five separate existing programs, plus two local programs in other countries, combined into one seamless program that encompasses all the conglomerate’s entities.
Nelson, U.S. Cargo Leader for Marsh’s corporate segment of business, who touches approximately 800 accounts annually, not only thinks outside the box — she creates new boxes for new thinking and saves her clients money and headaches in the process.
“Whitney has worked diligently with us to break down the barriers of ‘traditional insurance’ practices and procedures,” explained another client.
“We were able to consolidate programs, extend policy terms, expand our customer base and optimize day-to-day activities. … Without her knowledge of the industry and enthusiasm to provide creative and effective risk solutions, these changes/upgrades would not be implemented today.”
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.