2222222222

Symphony Risk Solutions Broker Sherman Jackson Recognized as a 2024 Retail Power Broker

Topics: Retail

Sherman Jackson, Principal, Symphony Commerce, Symphony Risk Solutions

Portrait of Sherman Jackson

Sherman Jackson
Principal, Symphony Commerce
Symphony Risk Solutions, Dallas

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 significantly impact share valuation.

“We reached out to Sherman to help with negotiating a lower rate on our audit, which was a shocking number due to the large growth we had experienced,” said Miguel Taveras, CEO and managing partner at Blue Hammer Roofing. “We are not in the insurance business but understand that it is close to impossible to get a rate changed on an existing audit or a policy already in force. Sherman was able to do this for the audit year, and then he was able to get the current year changed to $6.952 and raise the deductible to $25,000. The renewal rate was originally $7.499 per $1,000 in sales. We are glad to have Sherman in our corner to fight for us and help when it is needed the most.”

Jackson embraces the concept that each client deserves the best he and the Symphony Risk Solutions team have to offer in client services, including the best research, markets, loss control and underwriting. “Sherman’s knowledge has helped guide us. We have only been in business for three and a half years but have experienced 19.5% growth over the last three years, in part because Sherman has navigated us as we have grown at such an accelerated pace,” Taveras said.

All 2024 Power Broker Winners

2024 Retail 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.

More from Risk & Insurance

More from Risk & Insurance