Group 1: Leadership Changes - Ascot Group appointed Ashleigh Edwards as group head of Ceded Reinsurance, overseeing global ceded reinsurance strategy [3][4] - AIG announced that CEO Peter Zaffino will transition to executive chair by mid-2026, with Eric Andersen named as president and CEO-elect effective February 16, 2026 [8][10] - CFC appointed Christyn Yoast as global head of commercial, expected to start in January 2026 [25][26] - Lloyd's appointed Jim Bichard as chief financial officer, effective in April [28][30] Group 2: Acquisitions and Partnerships - Xceedance acquired Marble Box, marking its entry into the agent and broker ecosystem [5][6] - KatRisk acquired UK-based Symfos, integrating climate and catastrophe risk modeling capabilities with underwriting tools [22][23] - Virginia Farm Bureau Insurance partnered with Agero for roadside assistance services, enhancing member support [46][47] Group 3: Technology and Innovation - InnSure launched Creation Labs, a climate innovations incubator platform to develop climate risk management products [11][12] - Cytora partnered with Climatig to embed climate risk assessments into underwriting workflows, enhancing risk evaluation [16][17] - WTW launched the Radar Connector for Databricks, streamlining data integration for insurance analytics [19][20] - Augusta Mutual adopted ZestyAI's AI-powered risk analytics to improve underwriting accuracy [36][37] - BirdsEyeView secured a seven-figure investment to expand climate hazard modeling capabilities [38][39]
AIG executive changes; InnSure's climate platform: Insurtech news