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Top Stories / Ad / Most Recent
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The executive joins Alliant after 13 years at rival broker Woodruff Sawyer, where until recently he was VC and private equity leader.
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Reagan’s quarterly report noted that private brokers booked 10.2% Q3 organic growth in Q3, the fourth quarter in a row of double-digit growth, and the fifth out of the last six.
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Truist appointed Neil Kessler to lead the wholesale division as CEO, while Bill Goldstein will become CEO of the underwriting unit.
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Convergence Point Solutions, the new JV, includes identifying the collateral as credit risk on a portfolio basis and recognizing the regulatory protections for the true risk of default as part of its approach.
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The valuation represents around 26.08x of the insurance agency’s LTM earnings and 5.11x of its revenue as of September 30.
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The Insurance Insider US news team runs you through some of the key M&A deals from the past week.
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With this approval, Aon brokers and clients can begin placing insurance through wholesaler and MGU Embrace.
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The appointment comes two weeks after this publication revealed that the executive had resigned from Lockton to join the rival broker.
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Hansen’s role will be effective after a transition period with departing COO Chris Brook.
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In addition to Lightyear’s capital injection, current backer BHMS agreed to roll a material portion of its existing equity and made an additional investment alongside Lightyear.
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During his almost 10-year stint at The Liberty, the executive has also served as chief strategy officer, business development EVP and managing partner.
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The Insurance Insider US news team runs you through some of the key M&A deals from the past week.
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