Brown & Brown
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Owad joins the Florida-based intermediary following almost three years at Amsure, where she served as assistant vice president based in Albany. -
The US intermediary said it would pay roughly $2.5bn for the trio of acquisitions.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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GRP global CEO Mike Bruce will continue to lead the firm and will report to Brown & Brown president of retail segment Barrett Brown.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Orchid and CrossCover will report to Brown & Brown president of national programs Chris Walker.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The protracted firming phase of the cycle continues, with E&S firmer than the admitted market.
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All of BdB’s subsidiaries and leadership team will join Brown & Brown’s roster following the acquisition.
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The firm reported positive earnings results, but the GDP outlook could pose tough comps.
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The broker sees slowing GDP, higher cost pressures on clients and rising loss costs that could be impediments to deals getting done as headwinds for the upcoming year.
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Consolidated Ebitdac margins expanded by 210bps, helped by 420bps of margin expansion in national programs and 120bps of improvement in retail brokerage.
