WTW Broker Nick Bolton Recognized as a 2024 Finance Power Broker
Nick Bolton, Director, FINEX Financial Institutions, WTW
During the best of times, a Power Broker can help squeeze more out of a program that’s already working.
It’s what Nick Bolton achieved for Fidelity National Financial when he consolidated D&O, EPL, fiduciary and crime covers into a single program covering multiple private company businesses.
Kim Loverich, VP, risk and insurance, explained, “Many of these had existing individual programs in place, and by utilizing this consolidated program structure, we were able to drive efficiency: savings in premium, higher overall limits, one single renewal date rather than multiple different renewal dates throughout the year and logistical ease in the event of any potential future acquisitive activity. From a risk management perspective, this has helped to greatly streamline the process and our workload.”
During the worst of times, a Power Broker can secure coverage against daunting odds.
During the hard market of 2020, “when we were experiencing exceptionally challenging dynamics with respect to an IPO, Nick helped prepare us well in advance with regards to pricing, retention and capacity expectations,” Loverich said.
Bolton’s efforts to build relationships with long-term partner carriers “helped us to drive millions of dollars in premium savings on our most recent renewal while maintaining coverage with our incumbent insurers.”
“Nick epitomizes customer service,” added Amy Junker, director of risk management at RW Baird. “He has deep knowledge of the financial services industry and knows Baird.”
2024 Finance Power Broker Winners and Finalists
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.