Six Newfront Leaders Honored by Risk & Insurance as 2024 Power Brokers (2024)

Winners represented the education, employee benefits, entertainment, health care, retail, and technology sectors

San Francisco – February 26, 2024Newfront, the tech-driven insurance brokerage firm based in San Francisco, is proud to announce that six team members have been named to the prestigious Power Broker list by Risk & Insurance. These team members include:

Newfront, a top 40 broker based on revenue, is de-risking human progress by supporting clients’ individualized needs and goals. Bringing together top insurance experts with industry-leading technology, Newfront is transforming the insurance industry through better client experiences and value.

“I want to extend a heartfelt congratulations to all of our team members recognized for this award,” said Spike Lipkin, CEO and co-founder of Newfront. “It’s no surprise to us that these individuals are being recognized for their client advocacy. This is further proof that our model of deep insurance expertise paired with technology creates value for our clients within the space.”

Additional information and full stories of each finalist and winner can be found here.

What is a Power Broker?

A Risk & Insurance Power Broker® is an individual who stands out among their peers for the exceptional client work they have delivered over the past year. While brokers play many key roles in the insurance industry and risk profession, a Power Broker® award recognizes problem solving, customer service and industry knowledge.

Our goal is to broadly recognize and promote outstanding risk management and customer service among the brokerage community.

Who selects the winners?

Power Brokers are selected by risk managers based on the strength of the testimonials they provide to a team of 15 Risk & Insurance editors and writers.

About Newfront

Newfront is a modern brokerage transforming the risk management, business insurance, total rewards, and retirement services space through the combination of elite expertise and cutting-edge technology. Specializing in more than 20 industries and headquartered in San Francisco, Newfront has offices nationwide and is home to more than 800 employees serving organizations across the United States and globally. For more information, visit newfront.com and follow us on LinkedIn.

MEDIA CONTACTS:

Traci Johnson
Newfront

Prosek Partners
press@newfront.com

Six Newfront Leaders Honored by Risk & Insurance as 2024 Power Brokers (2024)

FAQs

What is a power broker in insurance? ›

What is a Power Broker? A Risk & Insurance Power Broker® is an individual who stands out among their peers for the exceptional client work they have delivered over the past year.

How to become a power broker? ›

In order to become a power broker, one needs to gain influence and status. In order to sway decisions and steer outcomes, this person needs to be charismatic and sociable.

Who are the most famous power brokers? ›

Area of greatest influence

Hence, the brokers maintain their influence by denying loyalty to a political party or other political label. Modern examples of prominent figures include Henry Kissinger, Jim Clyburn and George Norcross.

How do power brokers get paid? ›

They negotiate with local energy suppliers in states with deregulated energy markets. They then earn a salary by adding a small brokerage fee to the new rate. This fee works as a commission for the energy broker, sometimes resulting in a six-figure annual salary.

What does the power broker want? ›

However, this is all simply a façade and as Power Broker, Carter is a manipulative and power-hungry woman who wants to make the American government suffer for branding her a criminal and control the world through her criminal empire, and is willing to use the Flag Smashers, Sam Wilson, and Barnes to further her goals ...

Who owns Power Brokers Inc? ›

Steve Nunn Owner

The knowledge and experience of spending 25 years in the automotive industry, with many of those years managing a Powersports division, has made it an honor and privilege to own Power Brokers Inc.

Do energy brokers make money? ›

How Do Energy Brokers Make Money? Energy brokers earn a commission from retail energy suppliers for the total energy consumed by their customers over the length of a contract.

What is the meaning of power broker? ›

Britannica Dictionary definition of POWER BROKER. [count] : a person who has a lot of influence and control in a particular activity (such as politics)

What is the use of power broker? ›

Within the finance sector, a power broker is usually an insider in the business who knows other influential individuals and organisations. He can exercise control or make decisions by using certain networks. Power players may also be public figures, such as elected officials or well-known business executives.

What did the power broker do? ›

Origin. A true businessman, the Power Broker brokers deals in powers, literally offering super powers to anyone who was willing to give him a share of 70 percent of whatever they make, no matter the means they use, criminal or otherwise.

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