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The state-backed carrier has seen massive growth in the distressed Florida market. -
Embedded insurance can help sidestep some of the challenges faced by InsurTech 1.0.
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Mills was previously president of E&S at The Hanover Insurance Group.
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Aon said supply chain disruptions are easing, shipping costs are receding and building materials and vehicle pricing are decelerating.
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The unit is an insurance advisory firm for small businesses and individuals, with a focus on workplace and wealth insurance.
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The brokers expect to reach an out-of-court agreement to end the poaching case in south Florida within two weeks.
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It is understood that the carrier, which is currently going through a sale process, is being advised by TigerRisk.
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The suit named sellers David King, Robert Lefebvre, Creative Insurance Managers and Contractor Resource Solutions, who owned 37.6% of High Point.
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The deal enables its retail brokers to offer cyber liability coverage for small and medium-sized businesses with fewer security tools in place.
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The new team includes underwriters and specialists in areas such as claims and loss control.
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Brokers may face pressure as the pricing cycle turns and estimates fail to keep up.
