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McGriff restructures personal lines operations

Revamp aims to provide direct support to client sales and service functions ....

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BBCNEWS Talking Business June 4, 2024 16:53:00

So what we re doing in china is really focusing on our customers and our associates. and i was actually there a couple of weeks ago, and what s amazed me there is the pace of change that s happened. so one of the things that they are our leading market for penetration of e commerce, so almost 50% of their sales are generated online, which is extraordinary, really. and another indicator about the way these trends in the world are happening. walmart has pulled out of some markets. is the future about expanding more or concentrating on those markets that are proving to be more lucrative? over the last five years, we ve undertaken a major restructure of our portfolio. to give you an idea of the scale of that, we were about a $120 billion business before we started with the restructuring, and we ve actually divested ....

E Commerce , 120 Billion , 20 Billion ,

BBCNEWS Talking Business June 4, 2024 10:54:00

Restructure of our portfolio. to give you an idea of the scale of that, we were about a $120 billion business before we started with the restructuring, and we ve actually divested of businesses with over $40 billion and that included our asda business in the uk, which was our largest business. we ve now created a portfolio which we re really happy with the mix of, both because of the growth opportunities that it gives us, but equally because it diversifies risk. we re in some really different places around the world. but all of them have great growth opportunities for the future. for us, we re going to double down on those markets and that s one of the reasons we made the devestments that we made, so we could focus our attention on people and dollar resources where it mattered to us most. our strategy is really simple. its strong local businesses powered by walmart. that s a two part equation. the first part of the equation, ....

40 Billion , 20 Billion , 120 Billion , 0 Billion , Growth Opportunities , It Diversifies Risk , Dollar Resources ,

BBCNEWS Talking Business June 4, 2024 23:53:00

More or concentrating on those markets that are proving more lucrative? over the last five years, we ve undertaken a major restructure of our portfolio. to give you an idea of the scale of that, we were about a $120 billion business before we started with the restructuring, and we ve actually divested of businesses with over $40 billion and that included our asda business in the uk, which was our largest business. we ve now created a portfolio which we re really happy with the mix of, both because of the growth opportunities that it gives us, but equally because it diversifies risk. we re in some really different places around the world. but all of them have great growth opportunities for the future. for us, we re going to double down on those markets and that s one of the reasons we made the devestments that we made, so we could focus our attention on people and dollar resources where it mattered to us most. ....

40 Billion , 20 Billion , 0 Billion , 120 Billion , Growth Opportunities , It Diversifies Risk , Dollar Resources ,

Liberty Mutual joins exits: ends business owners' line in California

The insurer to stop writing both new and renewal accounts of this line of business. ....

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