Timothy K. Fischer CPCU, ARM, ARe
Marsh, Charlotte, N.C.
A Broker is as Good as Legal Tender
"My company has a delicate relationship with one of our carriers," said the risk management coordinator for one of Timothy K. Fischer's clients, "and Tim is always looking for ways to help tend that fragile situation."
Fischer, vice president for Marsh Inc. has been successful in getting this client's company talking with its carrier again.
"When one of our locations lost its facility form coverage, Tim was quick to work with his team and come up with a solution to solve our very urgent and serious problem."
Fisher is considered by this client to be the best nuclear broker around. But there's more in that Fischer helps solve other issues not related to nuclear power, even in matters of coverage that Marsh doesn't place for this client.
"For example, there were times when my casualty broker has been tied up when I was in a bind and Tim was there to save the day," the client said. "On more than one occasion he has been able to assist me with an insurance indication for a job my company is bidding."
Without Fisher, the company may have not made an accurate bid and could have lost a contract.
In another case, one of Fischer's clients was vexed by the expiration of manufacturer warranties on its large fleet of wind turbines. Given the short history of that technology, the client had little documented actuarial information to take to an underwriter. Fischer helped the client develop an insurance-based warranty that was presentable to the commercial market.
February 21, 2012
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