Epic Insurance Brokers
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The firm is investing in the next stages of growth and enhancing operations.
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Aon approved Embrace as wholesaler late last year.
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Convergence Point Solutions, the new JV, includes identifying the collateral as credit risk on a portfolio basis and recognizing the regulatory protections for the true risk of default as part of its approach.
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The question of how to finance the private brokers no longer begins and ends with a PE flip.
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Increased cost of capital is cooling tuck-in M&A, encouraging a pivot to organic growth and forcing greater creativity around financing.
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The proposed change could disrupt M&A at brokers, shift the calculus in favor of team lifts and dial up C-suite focus on becoming an employer of choice.
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The broker argued that WTW conspired with former employees Terry Rolfe and Daryl Abbey to use its confidential information and divert customers to WTW.
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Oversea provides domestic and international boat insurance coverage to yachts ranging from 30 feet to 300 feet.
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McInnis joined the retailer in 2014, as a managing principal when Epic expanded into the Alabama market.
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Before joining Epic, Nieves worked for 11 years at Pure, where he served as an underwriting technician.
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Peter Marshall has joined as managing principal for its entertainment and sports practice from DeWitt Stern, where he served for 17 years.