With more than 1,000 managing general agents writing roughly $70 billion in direct premiums last year, researchers at Conning believe one growth driver is
/PRNewswire/ Premiums sourced by Managing General Agents (MGAs), a key distribution channel for U.S. property-casualty insurers, grew significantly in 2021,.
A father and son entrepreneur team puts their production process first.
Jul 26th, 2021
Azimuth Technology
Len Zaiser III sold Structure Medical in 2010, and the duo co-founded Azimuth Technology in 2012, with Len Zaiser IV as the Chief Executive Officer.
Azimuth Technology
Most CNC job shops and manufacturing contractors secure work before purchasing new machines. Typically, this method makes it easier for management to schedule jobs on specific machines and allows for more flexibility.
LeNoir “Len” E. Zaiser III and his son, Len E. Zaiser IV, are not most people and their businesses are far from typical.
The father and son entrepreneur team puts their production process first. Len Zaiser IV said building skilled CNC machinists and programmers, investing in world-class technology and refining manufacturing procedures creates the best product.
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Amazon reported adjusted earnings per share of $14.09 on $125.5 billion in revenue. Both numbers exceeded consensus analyst expectations of $7.23 and $119.7 billion, respectively. Revenue was up 43.5% from a year ago.
Despite the top- and bottom-line beats, the quarter wasn’t all positive for Amazon. Cloud computing revenue was up just 28% to $12.7 billion, missing analyst estimates of $12.8 billion. Physical retail sales, which include Whole Foods, dropped 8% on the quarter.
In addition, co-founder Jeff Bezos announced he is stepping down from his role as CEO and will be replaced by Amazon Web Services CEO Andy Jassy in the third quarter of 2021. Bezos will maintain his position as executive chairman.