Stacy Bandy, Managing director, Burns & Wilcox Brokerage
Burns & Wilcox Brokerage
Stacy Bandy has 28 years of experience in the insurance industry, including 22 years as a wholesale broker. Her book of business is made up of all things construction: general liability/excess/environmental, as well as habitational, manufacturers and distributors, residential and commercial general contractors, sub-contractors, wraps and project-specific.
Bandy found construction to be a natural fit after working with retailers who were heavily focused in the space early in her career. “One of the key factors to staying current on all the changes in the marketplace is attributed to the relationships I have built with my underwriters and retailers,” she says. “Another key to staying current is by networking with your colleagues and counterparts, as well as attending conferences and workshops.”
The construction space offers brokers many challenges, which keeps things exciting for Bandy. “No account is the same, and every day is unpredictable,” she says. “The markets will continue to modify their terms and conditions, as well as their appetites for classes of business they want to entertain. There is never a dull moment in the day of a casualty wholesale broker.”