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The executive briefly exited the firm last month for a role at Marsh.
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The company also encouraged insurers and brokers to support the initiative.
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Rising inflation could raise claims severity but also increase investment income.
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BI claims are notoriously difficult to manage and some insurers believe binary coverage can help.
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Laure Forgeron has worked at the Swiss carrier since 2009 in numerous senior positions.
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Succession, heavyweight M&A and expanding beyond its core will all test the broker.
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Michael Mora was appointed North America CEO just over a year ago.
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The industry veteran has been in personal lines HNW for more than four decades.
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The Floridian has been approved to potentially assume 81,000 policies total.
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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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The class can collectively challenge State Farm’s property claims calculations.