The cyber insurance industry is still in its formative stages and is continuously evolving within the broader insurance sector, according to Darryn Ratliff, making it a career path ripe with opportunity.
To succeed in insurance, says Public Sector Power Broker Samar Patni of Marsh, focus should be on building strong relationships and trust with clients.
Yan Veytsman of Marsh says young brokers looking to carve a place in the industry should focus on these three things: attention to detail, adaptability and taking initiative.
For Deepak Adappa, insurance and brokering is still a relationship business regardless of how much technology is brought into our daily lives. That’s how he gets the job done for his clients.
Despite today’s biggest cyber challenges, MMA’s Marc Schein believes experienced brokers are well equipped to navigate the complexities of the market to secure the necessary coverage for their clients.
Marsh’s Erin O’Shaughnessy shares her purview on the ins and outs of insurance brokering, from today’s biggest challenges to what’s driving innovation for the future.
Falak Kothari discusses the challenges of securing coverage for natural catastrophes, the rising threat of nuclear verdicts, and how generative AI is transforming the commercial insurance landscape.
Charlie Eisenbies knows the end goal for his education clients is always to continue to cover student-athletes as best as possible now and in the future.
Chris Scott believes developing a reliable network and having mentors providing advice and guidance is integral for development throughout a brokering career.
Stanley Choi says insurance is a relationship business, and building those relationships through service, care and expertise is essential to both career and development.
Newfront’s Michelle Landver says transparency is critical in this industry, as it builds better relationships and solidifies trust between client and insurance partner.
Whether it’s the project finance side or insurance broking itself, crafting solutions that strike a balance for all stakeholders brings broker Todd Burack joy in his job every day.
“Relationships are certainly important, but how well you serve your customer and help them solve their problems is how your level of success is defined.”
“Nonprofits are society’s last line of defense; they help when no one else can. Insurers know this and see the additional risks these organizations face — especially filling low-wage jobs with qualified personnel, which has always been a struggle.”
We asked the Gallagher client executive about the challenges currently facing her education-sector clients — and the brokering philosophy she uses to help overcome them.