Operations/tech
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Claude Wade is to step down from his role to address ongoing health issues. -
Sales velocity ticked up to 12.2% in Q2 but has remained steady in the past five years.
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The move includes One80 Intermediaries, formerly part of Risk Strategies.
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Despite being hailed as an asset, executives said the current situation is not ideal for either valuation or competitive purposes.
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The tech could quickly open the door to disruptors, and firms with poor data management will lose out.
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More investment in early stage firms is an indicator of bullish market, says Gallagher’s Johnston.
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The 127-acre corporate campus has been the reinsurer’s North America headquarters since 1999.
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CEO David Howden accused rivals of “restricting choice for their own clients”.
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Insurers must write policies in high-risk areas in order to incorporate the model.
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The executive said the claims industry is going to “be transformed”.
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The awards, now in their fifth year, will be held in New York at 583 Park Avenue on September 25.
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Cardinal E&S expands the carrier's underwriting capabilities and makes it more competitive relative to peers.
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