The Power Broker® award, now in its 18th celebration year, continues to stand as a testament to excellence within the insurance brokerage community. Managed by the team at Risk & Insurance®, the contest rigorously evaluates hundreds of applications each year from late October through January, with the winners announced by February’s end. This meticulous selection process emphasizes creativity in risk management, outstanding customer service, and extensive industry knowledge, underscoring the competition’s increasing intensity, especially in categories like Employee Benefits and Real Estate.
Over the years, the contest’s criteria have evolved, reflecting a growing emphasis on brokers’ specialization and engagement with clients’ industries. This shift is evident in the enhanced industry knowledge and customer service skills of today’s brokers, marking a significant improvement over previous years. The 2024 Power Broker winners, hailing from 32 different brokerages, were chosen based on merit alone, proving the contest’s integrity and the high caliber of the recipients.
This year’s competition highlighted not just the individual excellence of the brokers but also the broad and high-quality field of applicants, demonstrating the ongoing commitment of brokers to advance and innovate within the insurance sector. The Power Broker award, therefore, not only celebrates the winners but also showcases the evolving standards of excellence and specialization in the insurance brokerage industry.