Risk Strategies Broker Rebecca LaFazia Recognized as a 2021 At Large Power Broker
Rebecca LaFazia, Assistant Vice President, Risk Strategies
The touring musical “Dear Evan Hansen” was about to begin a one-week run in New Orleans in fall 2019 when a hotel collapsed near the theater.
While producers managed to move the show to a smaller theater and add an extra performance, the tour took a revenue hit nonetheless, said Chris Morey, general manager for the New York-based touring company 101 Productions.
Rebecca LaFazia suggested the company could make a claim for the lost sales, Morey said. And she pushed it through to a successful conclusion. “She always goes the extra mile.”
It’s a quality that came in handy this year when 101 Productions had to renew its insurance policies amid the COVID-19 pandemic.
The company was among the few with no virus exclusion in its business interruption policy. It wasn’t able to avoid the exclusion at renewal, however, and faced other unwelcome policy changes from its existing carrier. LaFazia found a new carrier and came as close as possible to replicating the previous coverage.
“I cannot sing her praises enough,” Morey said.
In addition to navigating a challenging market for another theater client, LaFazia provided a sounding board as it launched a new program.
The New York-based Lucille Lortel Foundation, which operates an off-Broadway theater and several grant programs, recently started a program for high school playwrights.
LaFazia identified several critical insurance needs for the new program, said George Forbes, the foundation’s executive director.
“Rebecca is always incredibly helpful and responsive and creative,” Forbes said.
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.