While bulls argue that large insurance brokers do not heavily participate in personal lines or small commercial markets, BofA counters that years of constant “tuck-in M&A” have created a “snowball effect.” Hundreds of small acquired shops have brought a significant amount of low-complexity, small-ticket business under the umbrellas of large brokers, a vulnerability that is often obscured by subpar public disclosures. Furthermore, even large-case, complex business—which is unlikely to face direct disintermediation—could experience pricing deflation as AI demystifies the insurance markets for sophisticated corporate buyers.
Michael Hudson replied that they recalled a discussion which “decided that there is no
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US and Ecuadorean forces launched joint operations to combat drug trafficking, the US Southern Command said on Tuesday, but neither side gave more details.。关于这个话题，91视频提供了深入分析
Малышева отчитала гостью ее передачи и предрекла ей инсульт14:53。体育直播对此有专业解读