It’s Not FAIR: Carriers flee, brokers scramble, and survival means reinventing the game
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One wholesale broker’s view on FAIR problems – and where the next great opportunity might be coming from
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One wholesale broker’s view on FAIR problems – and where the next great opportunity might be coming from
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[ad_1] Now in its sixth year, the Global 100 list aims to spotlight insurance professionals who have played key roles in business development, operational leadership, industry advocacy, and innovation. The individuals selected have been recognized for contributing to their organizations’ performance, advancing industry knowledge, or addressing systemic challenges in the insurance sector. [ad_2] Source link
[ad_1] “A huge congratulations to our new partners. It has been a privilege witnessing their growth and progression over the years. At Kennedys, our people are our greatest competitive advantage, and [the] promotions underscore the breadth and depth of our talent. As they begin their new roles, they will each play an instrumental part in…
[ad_1] Brett Klein argues that leaders must stop outsourcing responsibility [ad_2] Source link
[ad_1] Revenue and income both increased year-on-year [ad_2] Source link
[ad_1] Mercury’s combined ratio for the quarter stood at 119.2%, up from 100.9% in Q1 2024, reflecting elevated loss activity from catastrophe events. Catastrophe losses, net of reinsurance, reached $447 million in the quarter, up from $72 million a year earlier. [ad_2] Source link
[ad_1] “Tariffs are impacting nearly every industry, including automotive, life sciences, consumer products like electronics, toys, appliances, and even food when it comes to ingredient sourcing,” Harvey said. “And when enforcement is lighter, the risk grows even more.” [ad_2] Source link