What It Takes to Be a Power Broker

What major did the typical Power Broker award winner earn in college? In graduate studies? Do you even need a college education to become one of the best intermediaries out there? And how about age? Why don't some Power Brokers like to reveal it (or is that a stupid question)? We give you all the stats on this year's finalists.

By the Numbers: A breakdown of the 2008 Power Broker Award Winners.

151 ... Total winners

Insurance Agent Awarded $2.4 Million (04/12/13)
Modeling Superstorms (04/12/13)
Brokers Report Positive Year-End Results (04/12/13)
When the Lights Go on in the City (04/12/13)
Broker Payments Totaled Millions (05/01/13)

103 ... Who are men

96 ... Who are working for their second or third brokerage firm

89 ... First-timers

56 ... With at least one professional designation

51 ... From New York, Boston, Philadelphia or Washington, D.C.

49 ... Located west of the Mississippi River

48 ... Who are women

47 ... From Marsh

47 ... Average age

47 ... Males' average age

46 ... Females' average age

41 ... From Aon

34 ... Working at their second or third brokerage firm who have previously worked for Marsh

30 ... With an ARM

27 ... With an M.B.A.

24 ... Under age 40

22 ... With a CPCU

20 ... Three-time award winners

20 ... Males' average years of experience

19 ... Average years of brokerage experience

19 ... With business administration undergraduate degrees

19 ... Females' average years of experience

16 ... With previous underwriting experience

16 ... Older than 55

14 ... From Willis

13 ... Who declined to list their age on the application form

12 ... From Arthur J. Gallagher

11 ... From Integro

12 ... With economics undergraduate degrees

11 ... Who are former risk managers

11 ... Winners with finance undergraduate degrees

10 ... Who majored in Risk Management and/or Insurance in college

7 ... With a J.D.

7 ... From HRH

6 ... With an Ivy League education

4 ... From Lockton

3 ... Based in Belgium, London and Singapore

2 ... From Beecher Carlson

2 ... From Wachovia Insurance Services

1 ... From the following firms: Alliant Insurance Services, DeWitt Stern Group, Fred C. Church Insurance, JCH Environmental Insurance Brokers, Kaercher Campbell & Associates, Project Technologies International, D. R. Reiff & Associates, Roach Howard Smith & Barton, UnionBanc Insurance Services, William Gallagher Associates, Carpenter Moore Insurance Services

February 14, 2008

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