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Innovative Climate Risk Brokerage Launch
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Plover, a tech-enabled commercial insurance broker, introduces a specialty brokerage focused on climate and emerging risk solutions. With $5 million in funding, the company aims to expand its team, invest in automation, and bolster its program business. Max Clarke emphasizes the necessity for specialty insurance due to climate events, while Brendan Beeg joins as Senior VP with expertise in parametric risk.
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How might the appointment of Brendan Beeg influence Plover's strategic direction in the realm of parametric risk solutions?
How will Plover Parametrics' specialty brokerage impact the insurance industry's approach to climate risk?
What specific software automation initiatives does Plover plan to implement with its funding?
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