Michael Powers serves as the Regional Vice President at Travelers, where he leverages over thirty years of extensive experience in the Large Property Insurance sector to drive growth and profitability across an eleven-state territory in the North Central region. His role is pivotal in overseeing...
Michael Powers serves as the Regional Vice President at Travelers, where he leverages over thirty years of extensive experience in the Large Property Insurance sector to drive growth and profitability across an eleven-state territory in the North Central region. His role is pivotal in overseeing the National Accounts Property business, where he is responsible for managing a substantial premium volume and leading a team of seventeen Account Executives. Michael’s strategic vision and deep understanding of property and casualty insurance enable him to identify opportunities for expansion while mitigating risks associated with underwriting and process improvement.
Under his leadership, the team has successfully implemented innovative strategies that enhance client relationships and streamline operations, ensuring that Travelers remains competitive in a rapidly evolving market. Michael's expertise in negotiation and collaboration with brokers has been instrumental in securing high-value accounts and fostering long-term partnerships. His proficiency in specialized areas such as Employment Practices Liability, Inland Marine, and Directors & Officers (D&O) insurance further solidifies his reputation as a thought leader in the industry.
Michael is not only focused on immediate results but also on sustainable growth, emphasizing the importance of strategic planning and continuous improvement. His commitment to excellence and his ability to navigate complex challenges make him a key asset to Travelers and a respected figure in the insurance community. Through his leadership, he continues to inspire his team to achieve exceptional outcomes while maintaining the highest standards of service and integrity.