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Crawford & Company
Q32025
11/4/2025
Analyst
Was that just an incremental flow through from weather claims? Was there a GTS impact there as well?
Mark Verma
President and Chief Executive Officer
International, as you know, has been an important push for us from both growth as well as profitability perspective, the main focus being on profitability. There was definitely weather. In Q3, we saw weather in Australia, we saw weather in UK, and then we had seen weather in Europe in the earlier part of the year. That is still sort of flowing through the system. Again, our target is to get international to a 10% margin in the medium to long term, and that is the journey we're on. As we've shared with you before, we will see probably quarterly fluctuations. because of weather and other cyclicality reasons in our business, but our trend is to keep moving international up.
Analyst
Yeah. And then any more you can say about the business pipeline and Broad Spire? Is this your sales initiative? Is there just a little more movement in the market? What is contributing to that?
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