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AssuredPartners Broker Phil Masi Recognized as a 2024 Real Estate Power Broker
Phil Masi, Agency President, AssuredPartners Accurate valuations have been a sticking point in the property insurance market as inflation drives up repair and replacement costs across the board. In some cases, revising a valuation can actually yield savings. “One of our buildings was valued at $31 million more than the one right next door, and… View Article
Gallagher Broker Jimmy Clark Recognized as a 2024 Real Estate Power Broker
Jimmy Clark, Executive Director, Gallagher Coastal properties — especially those in hurricane-exposed Florida — are notoriously difficult to insure at a reasonable rate. In the current property market, a large loss is enough to make risk managers worry whether such a property is insurable at all. After Hurricane Ian struck one of his client’s condominiums,… View Article
Symphony Risk Solutions Broker Emmet Hollins Recognized as a 2024 Real Estate Power Broker
Emmet Hollins, Principal, Symphony Wealth, Symphony Risk Solutions Emmet Hollins goes above and beyond to identify uninsured or underinsured exposures for his clients. For one property management company, Hollins noticed a lack of pollution coverage. Adding a broad monoline policy would protect the client’s entire portfolio of commercial real estate customers. “We could see this… View Article
WTW Broker Carol Spurlock Recognized as a 2024 Retail Power Broker
Carol Spurlock, Umbrella & Excess Liability Practice Leader, Southeast, WTW Carol Spurlock’s long-standing interest in “all things insurance” began in college, when she studied risk management and insurance. She continuously expands her knowledge of various industry segments, allowing her to take a multifaceted approach in being an expert in the field, which her clients appreciate…. View Article
Marsh Broker Sumbul Jarmin Recognized as a 2024 Retail Power Broker
Sumbul Jarmin, Senior Vice President, Marsh When Sumbul Jarmin first began working with Tupperware, the company was facing the perfect storm: financial distress combined with the hardest property market seen in decades. “When we first met about a year ago, I said, ‘Here are the problems with my program. Here’s what we need.’ And Sumbul… View Article
Symphony Risk Solutions Broker Sherman Jackson Recognized as a 2024 Retail Power Broker
Sherman Jackson, Principal, Symphony Commerce, Symphony Risk Solutions Despite the conventional belief that insurance carriers do not negotiate rates after an audit, Sherman Jackson recognized the importance of securing reduced rates for his client, Blue Hammer Roofing, as it was in discussions with an interested party regarding a potential purchase, and any expense exchanges could… View Article
Aon Broker Brian Sebold Recognized as a 2024 Retail Power Broker
Brian Sebold, Managing Director, Aon For more than 20 years, Brian Sebold has been making his mark in the insurance industry, carving out a specialty as a complex casualty advisor. As Carmen Gellhausen, director of risk solutions at H-E-B Grocery Company, explains, the retail business is never easy due to competition, and the difficulty is… View Article
Newfront Broker Michelle Landver Recognized as a 2024 Retail Power Broker
Michelle Landver, Senior Vice President, Newfront When Anton Romash, managing partner at Provenance Capital, began working with Michelle Landver on a single policy for an investment vehicle, she was already the broker for the underlying company and knew the asset well. “It was such a great experience that we gradually moved all of our various… View Article
Aon Broker Phillip Faries Recognized as a 2024 Retail Power Broker
Phillip Faries, Vice President, Aon In 2023, Weber LLC was preparing to renew its umbrella coverage. It was planning a straightforward renewal with the incumbents, but during the renewal strategy meeting, broker Phillip Faries recommended taking the renewal to the markets. This ended up being the right approach for the renewal, because only a couple… View Article
McGriff Broker Todd Burack Recognized as a 2024 Renewable Energy Power Broker
Todd Burack, VP, Marketing Account Executive, McGriff A few themes emerged from Todd Burack’s clients: They have unusual, even unique ownership or management structures and exposures or coverage needs that change frequently. “Todd helped our organization originate our first builder’s risk program this year,” said one project director. “In addition to the complexities associated with… View Article
Marsh Broker Yan Veytsman Recognized as a 2024 Renewable Energy Power Broker
Yan Veytsman, Senior Account Executive, Marsh “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… View Article
Cirrus Advisers Broker Lauren Carroll-Allan Recognized as a 2024 Renewable Energy Power Broker
Lauren Carroll-Allan, Vice President, Cirrus Advisers, a division of CAC Specialty Some brokers are so active and know their clients’ businesses so well that a client forgets they are not on staff. Such is the case with clients of Lauren Carroll-Allan: “Lauren was responsible for compiling insurance reports for our portfolio of solar and battery-storage… View Article
Aon Broker Kerri Leahy Recognized as a 2024 Renewable Energy Power Broker
Kerri Leahy, Senior Casualty Specialist, Aon Power Brokers deliver when the pressure is on. Kerri Leahy is one who can handle the pressure when it comes. “Kerri was wonderful, thorough and proactive in leading and supporting our coverage for our U.S. operation, which included more than 1,200 employees and a fleet of over 150 vehicles,”… View Article
CAC Specialty Broker Nathan Wonder Recognized as a 2024 Renewable Energy Power Broker
Nathan Wonder, VP, Surety, Natural Resources, CAC Specialty “Nathan has done a fantastic job for us this year,” said one CFO. “He led the placement of $21.25 million of innovatively structured surety-backed letters of credit and, separately, placement of $1.2 million of decommissioning-related surety bonds. Nathan is consistently diligent, proactive and creative in structuring credit… View Article
Aon Broker Myles Martel Recognized as a 2024 Renewable Energy Power Broker
Myles Martel, VP, Global Power & Renewables Practice, Aon Sometimes, brokers have to move quickly to arrange coverage and the documents necessary to satisfy underwriters on valuations that can run into the hundreds of millions, if not the billions of dollars. “In 2023, we were having issues obtaining our engineering reports from our 2022 inspections,… View Article
Marsh Broker Kevin Drozdowski Recognized as a 2024 Traditional Energy Power Broker
Kevin Drozdowski, Senior Vice President, Marsh After a client faced two significant losses at a single facility, Kevin Drozdowski stepped up. “Kevin has been a fantastic advocate for our business and has been instrumental in our navigating a challenging year,” the client’s risk manager said. “[The losses] caused much consternation from our incumbent insurers when… View Article
Aon Broker Jeff Lee Recognized as a 2024 Traditional Energy Power Broker
Jeff Lee, Vice President, Aon Clients have lauded Jeff Lee’s ability to hold the line on costs. In previous years, many insureds sought premium reductions because of economic struggles. In 2023, growth returned to many sectors, presenting new challenges for brokers. As if those changes were not complicated enough, one carrier reduced capacity and increased… View Article
Lockton Broker Jeremy Gayser Recognized as a 2024 Traditional Energy Power Broker
Jeremy Gayser, Senior Vice President, Lockton When one of Jeremy Gayser’s clients made an acquisition that included assets not previously insured by commercial markets, it made underwriters uneasy. Gayser collaborated with the client to select an engineering firm to conduct a site visit for loss control, understanding the critical role of this information-gathering process. Once… View Article
Marsh Broker Andrés Riveros Recognized as a 2024 Traditional Energy Power Broker
Andrés Riveros, Senior Vice President, Marsh The 2023 renewal for one client started inauspiciously with the exit of the first excess carrier, which had deployed a large capacity on the program. That knuckleball was followed by the announcement of a major acquisition. Separately, the company was grappling with technology complications and also had several acquisitions,… View Article
AssuredPartners Broker Jeff Richards Recognized as a 2024 Traditional Energy Power Broker
Jeff Richards, Senior Account Executive, AssuredPartners “This year, Jeff has been instrumental in two major realignments of our program,” said one client executive for an organization structured as two separate operating companies under one owner and slightly overlapping management. “We combined a couple of policies, of which each business had its own, into a shared… View Article