Operations/tech
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The move combines two units in the North America middle market division. -
Tactics underwriters employ to manage cyber risk are maturing, as well.
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The market is up against emerging risks and a whole heap of uncertainty.
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Customers will keep their agent relationship and policies will not be impacted.
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The carrier is looking to accelerate E&S growth after 7% expansion in 2024.
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The group will house a segment for specialty and benefits and another for underwriting.
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HCI will now consist of two operating units – the other being its four underwriting entities.
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Technology is key to streamlining the value chain and mitigating loss ratios.
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A quick roundup of our best journalism for the week.
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The board will lead the review following feedback from shareholders including activist investor Jana.
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The carrier’s US platform will continue to be led by long-time executive Sal Pollaro.
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In October, this publication revealed that the carrier had resumed IPO preparations.
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