Zurich presents enhanced proposal for Beazley

Zurich Insurance Group has made a new offer to buy Beazley plc, proposing to pay 1,280 pence in cash for each Beazley share. This offer represents about a 56% premium over Beazley’s closing share price on January 16, 2026. Zurich’s updated bid comes after Beazley’s board rejected an earlier proposal of 1,230 pence per share, … Read more

Ames & Gough appoints Thomas Marchetti as president and promotes Matthew Gough to CEO.

Ames & Gough, a well-known insurance brokerage and risk management consultancy based in Washington, DC, has announced new leadership changes. Thomas Marchetti is stepping into the role of president, taking over from Matthew Gough, who will now serve as the company’s chief executive officer. Marchetti, who joined Ames & Gough in 2010, brings years of … Read more

How distribution and underwriting are evolving

Dan Spragg, president of Berkley Select, recently shared insights on how distribution and underwriting in insurance are evolving. Speaking with Insurance Business TV, Spragg highlighted the growing role of artificial intelligence and the expansion of the excess and surplus (E&S) market. He also emphasized the importance of keeping strong connections with retail agents amid these … Read more

Allianz collaborates with Anthropic to accelerate AI integration throughout its operations.

Allianz SE has teamed up with artificial intelligence company Anthropic to bring AI technology into the insurance giant’s daily operations. The deal, announced on January 9, 2026, aims to help Allianz improve its services, speed up processes, and set clear standards for accuracy. The partnership covers three main projects. The first will introduce Anthropic’s Claude … Read more

Andover Companies finalizes reorganization into a mutual holding company structure.

The Andover Companies have completed a major restructuring, officially changing to a mutual holding company (MHC) setup as of January 1, 2026. This move was approved by the Massachusetts Division of Insurance and supported by policyholders of both Merrimack Mutual Fire Insurance Company and Cambridge Mutual Fire Insurance Company. Under the new structure, Merrimack Mutual … Read more