Marsh & McLennan Agency Broker Amy Brutto Recognized as a 2021 At Large Power Broker
Amy Brutto, Principal and Client Executive, Marsh & McLennan Agency
The shows and events industry was among the hardest hit by COVID-19.
Businesses have lost thousands or even millions of dollars in revenue while many have gone to the wall. But thanks to her foresight, Amy Brutto was able to help one of her large trade show event clients, Emerald, navigate this difficult period.
Taking up her recommendation of inserting a communicable disease endorsement into its event cancellation policy, the client secured coverage of up to $191 million for 2020 and the same amount again for this year. With more than 140 events scheduled throughout the year and each cancellation deemed a separate incident, Brutto has to handle complex claims on an almost daily basis.
So far, claims submitted have exceeded $145 million, with $64 million being recovered.
Michael Chen, senior director of business and legal affairs at Emerald, said: “Amy has demonstrated a superior level of skill, professionalism and expertise in servicing all of our insurance needs over the last several years.”
He added: “Amy has proven time and again to be a resourceful, forward-thinking and conscientious broker in advising us on all our insurance-related matters. She is quick to provide practical commercial advice in a number of coverage areas and has helped us leverage outside resources to process a significant volume of event cancellation claims due to COVID-19.”
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.