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He succeeds Laura Vest, who is retiring after 20 years with the company. -
The insurer will move its Atlanta-area assets to a new "innovation hub".
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It is understood that the cut programs include Yachtinsure, Rhino, Paramount, Pinpoint and NTA.
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The carrier saw 16% growth during the quarter.
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Backers and CEOs may be wary of falling into the same trap as larger PE-backed retail brokers.
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The business put up strong H1 numbers, and has named Christian Dunleavy group president.
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Modeling misses may have undervalued the storm’s inland wind impacts.
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The Teachers’-backed broker consolidator is being marketed off ~$700mn of Ebitda.
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Previously, Thomas Long was an AVP for construction at Arch.
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This could change if Milton losses turn “ugly”.
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The carrier expects Q3 GWP to reach between $193mn to $200mn.
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Hurricane Milton losses are currently estimated at $25mn-$55mn.
