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Marsh Broker Yan Veytsman Recognized as a 2024 Renewable Energy Power Broker

Yan Veytsman, Senior Account Executive, Marsh

Yan Veytsman, CPCU, ARM
Senior Account Executive
Marsh, Malden, Mass.

“Yan [Veytsman] placed multiple construction policies for our greater-than-$100 million exposures within the past year, along with an operational insurance policy for our first utility-scale storage project,” said one director of finance.

“He has also supported our development efforts in pricing policies to be used in our request-for-proposal processes as we continue to work on major projects in the next few years. I have to stress that some of the projects have significant maximum probable losses from natural catastrophe, in the multi-hundred-million-dollar range. Yan has worked through providing options to be able to cover that risk.”

When conducting a review of one client’s program placed by another broker, Yan noticed the company’s property insurance did not include coverage for assets under construction — a significant gap.

According to the client, Veytsman placed a comprehensive property program that could accommodate both the construction and operations phases for all projects. That eliminated the administrative burden of procuring and managing two policies by ensuring a single policy would provide seamless coverage for all project phases.

In addition, the company also has solar projects in a U.S. territory. A particular challenge was to secure natural catastrophe coverage with an A-rated carrier.

“We were impressed by Yan’s thoughtfulness and the variety of options he presented to address building owners’ contractual requirements. He obtained quotes for several options and was correct when the
building owner confirmed it could insure the panels more cheaply under its policy.”

All 2024 Power Broker Winners

2024 Renewable Energy Power Broker Winners and Finalists


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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