About

The Business Insurance Break Out Awards program honors top professionals on track to be the next leaders in the risk management and property/casualty insurance field. Break Out Awards honorees can be from any area of the commercial insurance sector in the United States – risk managers, brokers, insurers, reinsurers, MGAs, MGUs, wholesalers, captive managers, TPAs, lawyers and other service providers. 

The nomination period has closed. Winners will be announced by the end of March. 

Three regional recognition events will take place in Chicago, Los Angeles and New York City in June 2023. 

NOMINATION GENERAL INFORMATION
While there is no age limit, nominees must have worked in the industry for NO MORE THAN 15 years. Nominees will have already established themselves in their careers and will be on a leadership trajectory. 
 
Nominations are accepted from four regions: 

Northeast: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont 

Midwest: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin 

South: Alabama, Arkansas, District of Columbia, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, Washington D.C., West Virginia 

West: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming 

Winners will be announced online in March and their profiles published in the June 2023 issue of Business Insurance. The program culminates with the Break Out Awards recognition event in Chicago in June.  
 
Eligibility: To be considered for the 2023 Business Insurance Break Out Awards, nominees must have less than 15 years of experience in the risk management and property/casualty insurance field and must be working in the sector on June 1, 2023. Nominees must possess exceptional leadership skills and expertise. Evidence of such must be provided in the nomination form, which should also include three (3) recommendations from clients, managers and/or coworkers. 
 
Judging: Honorees will be selected by a panel of senior editors at Business Insurance. Entries will be judged and assessed based on the criteria outlined below. The highest-evaluated entries, up to a maximum of 10 per region, will be selected for 2023 Break Out Awards. Please note that only one (1) nominee per company will be recognized per region. 
 
Criteria:
Criterion 1: Demonstrates excellence in providing service to internal or external clients. 
Criterion 2: Demonstrates expertise in their field of operations. 
Criterion 3: Demonstrates effectiveness in leadership. 
Criterion 4: Has not worked in the field of risk management or insurance for more than 15 years. 
 
If you have any questions about the process, please contact Gavin Souter, editor of Business Insurance, at gsouter@businessinsurance.com