FOR IMMEDIATE RELEASE
Corporate Media Coordinator
Insurance Magazine Recognizes Two
AssuredPartners NL Agents with Power Broker Award
Todd Hester and Bill Sullivan Honored with Power Broker Designation in the Employee Benefits Category
Louisville, Ky. – March 4, 2013 — AssuredPartners NL, an AssuredPartners, Inc. company, is pleased to announce that two of its agents were named 2013 Power Brokers by Risk & Insurance magazine. Todd Hester and Bill Sullivan were recognized as Power Brokers in the employee benefits category for their commitment to developing innovative insurance solutions for their clients. The Power Broker designation honors agents that demonstrate their passion to go the extra mile for their clients through creative problem solving and customer service.
Hester is an employee benefits specialist in the AssuredPartners NL Bowling Green, Ky. office. He received the Power Broker designation for his work with an automotive plant in Kentucky that was considering mass layoffs when the global automotive supply chain was disrupted by the tsunami that struck Japan in 2011. Hester’s solution helped the plant save jobs by cutting costs from the plant’s health care program, and an increased focus on employee wellness. Over the past year, the plant’s loss ratio decreased from 110 percent to 72 percent.
Sullivan is managing director of the AssuredPartners NL Columbus, Ohio office. He received his Power Broker designation for his work with a superstore that was facing a 32 percent increase in its health care premiums. Sullivan worked with the carrier to create a high deductible plan and facilitated the creation of a captive that was used to cover the expenses the company was incurring underneath by contributing to an employee health fund. To date, Sullivan has saved this superstore more than $700,000 each year, and has introduced a wellness initiative that is running at a flat claim cost basis.
“Bill and Todd consistently go above and beyond to develop comprehensive and inventive insurance solutions for their clients. Being recognized as Power Brokers is a testament to their unwavering passion, dedication and commitment to their clients,” said Larry Schaefer, president and COO of AssuredPartners NL. “We are proud to have two of our outstanding agents recognized as Power Brokers this year, as we continue to provide innovative solutions across all lines of service to our clients that drive results.”
Hester and Sullivan are two of the twelve agents recognized for the 2013 Power Broker Award in the employee benefits category in Risk & Insurance magazine. Hester and Sullivan join Richard Lonneman, David Fuller, Mike Campbell, Jon Taylor and Maureen Gallagher as AssuredPartners NL agents honored with the Power Broker designation.
Power Brokers are selected by Risk & Insurance editors and writers based on recent accomplishments and client testimonials. Nominees must possess superior problem solving skills, customer service and industry knowledge. For more information about the Risk & Insurance Power Broker awards, visit:
ABOUT AssuredPartners NL
AssuredPartners NL, founded in 1991, has more than 150 licensed agents and more than 650 employees operating in 30 offices throughout Kentucky, Ohio, Indiana, Illinois, Michigan, Tennessee, Arizona, Georgia, Arkansas, Florida, Mississippi, Louisiana and South Carolina. AssuredPartners NL corporate headquarters are located in Louisville, Kentucky, at 2305 River Rd. AssuredPartners NL became an AssuredPartners, Inc. company in September 2011. For more information, please visit: www.neacelukens.com. AssuredPartners NL can also be followed through social media channels at its blog and Facebook and LinkedIn pages.
ABOUT ASSUREDPARTNERS, INC
Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners Inc., a portfolio company of Chicago-based private equity firm GTCR, acquires and invests in property and casualty and employee benefits brokerage businesses across the country. From its founding in March of 2011, AssuredPartners has grown to approximately $230 million in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States. For more information, please contact Dean Curtis, CFO, at (407) 708-0031 or firstname.lastname@example.org, or visit www.assuredptr.com.