Senior Account Executive
Master of the Art of Correctness and Correction
Most of the Power BrokerŪ stories have only good guys, people working together behind one enterprising and industrious leader to resolve an unusual situation. In this story the broker is still wearing the white hat and the star, but his honor is in helping the client correct an inequitable situation that he had inherited.
"I am a new insurance manager," said the client. "And Rob has been extremely helpful not just in helping me to get settled and explaining our program to me thoroughly, but also in helping with special projects."
For example, Battenfield, senior account executive with Aon Risk Solutions, was able to update the standards for procedure and indemnification involving downed wires and power restoration, the client said.
"In our case, I found that those documents were very much off the standards for the industry," the client said. "The program was woven very differently, and Rob was able to help me make the changes necessary to bring those documents back into industry standards."
Wind was also a complication for another client. The utility was developing a wind farm, which happened to be in the migration path of the critically endangered whooping crane. Fewer than 300 of the elegant birds are left, and protection is strict. The state wildlife commission had the ability to curtail power production if an endangered crane was even seen within a one-mile radius of a wind turbine. That created a potential exposure of $70 million without an obvious risk mitigation method.
February 21, 2012
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