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.
│ 2. COMMIT MESSAGE QUALITY GATE │
。业内人士推荐体育直播作为进阶阅读
The defendant had claimed he had driven dangerously because he feared someone was following him but no evidence of a pursuit was found in the footage.
세계 최초 이란 ‘드론 항모’, 알고보니 한국산?