7 Steps to unlocking success in insurance M&A
Here's why user-experience integration is key to a successful deal.
“My dad identified that market as an underserved niche where he could differentiate himself,” says his son Jamie Maguire Jr., who now serves as chairman & CEO. “So he set up his own insurance agency and instead of being a generalist, he [focused on] certain areas where he had competitive advantages and developed creative products that set him apart.”
Today, Philadelphia pursues the same specialty strategy, providing P&C coverage to more than 100 niche markets spread among eight commercial sectors including health care, child-care facilities, nonprofits, security-guard services and automobile rentals.
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Here's why user-experience integration is key to a successful deal.
The $5 billion industry is under threat as insurers pull out and the state-created FAIR plan fails to cover growers.
The latest insurance-industry personnel news from Price Forbes, Aon, Sedgwick and more.
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