EMC Insurance Cos. has hired asset manager State Street Corp. to provide full custody and investment analytics services.EMC, which writes property and casualty insurance in the country, as well as reinsurance worldwide, was first organized in 1911 to write workers’ compensation protection in Iowa. Lisa Stange, vice president and chief investment officer of EMC, said State Street was selected following an extensive review of custody and administration service providers. As of June 30, State Street had $25.7 trillion in assets under custody and administration and $2.1 trillion in assets un...
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