Operations/tech
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Lower inflation and a softer market outlook tempered aggregate growth expectations. -
The broker has placed Rethink staff under consultation, sources said.
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In Partnership With Allianz CommericalThe proliferation of broker facilities has been a growing trend – but is it just a symptom of the market cycle?
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Surging capacity suggests broker facilities are now refined enough to be a long-term feature.
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Marine and energy were the busiest lines, driven by high competition for talent.
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The broker facility is led by Beazley’s Smart Tracker Syndicate.
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The broker will track and rank carriers’ response times.
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The market’s dearth of third-party managing agents is a source of tension among young syndicates.
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CEO Mario Greco said his future retirement had nothing to do with bringing the plan forward.
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The company is on track to exceed its targets for 2023-25 one year ahead of schedule.
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The broker will be using Verisk US agricultural risk models.
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