We Are Looking For The Best
Responsibility Leader® Designation
RISK & INSURANCE
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 in the brokerage community.
Therefore, we don’t select a single winner but
instead recognize four to six winners in 25
different industry categories.
THE FOCUS IS ON THE INDIVIDUAL
Creativity and problem solving are critical
success factors independent of firm or account
size. Therefore, neither the size of a broker’s
firm nor the size of an account is an important
criteria for the Power Broker® program. We
strongly encourage all brokers to apply.
WHO SELECTS THE WINNERS?
A Power Broker® is selected based upon
the strength of client testimonials. Risk &
Insurance® editors and writers collect and
choose the most compelling testimonials based
on the award criteria.
WHAT CRITERIA ARE USED TO SELECT
It is very important to note that Power Broker®
is focused on recent accomplishments.
Certainly the below criteria could be
demonstrated through the arc of an entire
career, but for this program we strive to
highlight recent challenges and solutions.
This approach is utilized for the benefit of
our readers who most value learning about
challenges and solutions to current problems.
The criteria are:
• Risk Solution (50%): What specific
challenge did a client face and how did the
applicant/nominee solve that problem?
• Customer Service (25%): Does the
applicant/nominee demonstrate a
commitment to primarily serve the
interests of their clients?
• Industry Knowledge (25%): Is the
applicant/nominee committed to mastering
the industry category they work in?
Applications/nominations (referred to below
as simply “applications”) are accepted
from any source including a client, insurer,
brokerage firm, service provider or individual
broker. Since the client testimonial is most
important for judging, the source of the
application does not impact an applicant’s
chance of winning.
We require an application form to be
completed in order to capture profile
information, an overview of the problem/
solution and client contact information.
Provide enough information to give our
editors an overview of you and your
accomplishment but don’t feel compelled to
write overly long responses. Think concise
Important Note Regarding Confidentiality: We
are very conscious of the sensitive nature of
the information provided. Client references
listed on applications and contacted by judges
may choose to be on or off the record. This
includes the client name, company name
and additional identifying information. All
other information on the application will be
considered on-the-record unless specified
Judges consisting of Risk & Insurance®
editors and/or writers are appointed for each
industry category. All of the applications in
a category are first reviewed by the judges to
provide an overview of the field and to ensure
that the applications are complete. Client
references listed on the applications are then
contacted and interviewed.
A summary of the interview along with an
evaluation form is completed by the judge
performing the interview. Once all interviews
are complete, the judging team meets to
review all the interviews and evaluations. The
four to six brokers that received the strongest
client referrals based on the award criteria are
named a Power Broker®.
HOW TO APPLY OR NOMINATE
To apply directly for the Power Broker® Award
or nominate a colleague, please visit
www.riskandinsuranceawards.com for an
application and full program details.
OCTOBER 17, 2014
The Responsibility Leader® designation honors those Power Broker® winners who best exemplify
the following attributes:
Shows commitment and dedication by going above and beyond the call of duty in a way that
benefits their clients, company and community.
Demonstrates a passion for continuously doing the right thing over the easy thing.
Encourages young people to consider brokerage and insurance as a career.