Last Week in Insurance: 5 Stories You Shouldn’t Miss
Last Week in Insurance: 5 Stories You Shouldn’t Miss
Here’s a quick look at the top insurance and insurtech stories from around the world last week (5–11 January)

Here’s a quick look at the top insurance and insurtech stories from around the world last week (5–11 January):


1. Howden Expands US Reach With Atlantic Deal. Howden has agreed to acquire New York–based Atlantic Group in a landmark move that significantly strengthens its US transactional risk business. Expected to complete in early 2026, the deal adds one of North America’s top transaction liability brokers to Howden’s rapidly expanding US retail platform. The combination brings together Howden’s global leadership in transactional liability insurance with Atlantic’s deep expertise in the world’s most active M&A market, creating a powerful, integrated offering for private equity and corporate clients worldwide.

2. The Baldwin Group Completes Acquisition of Capstone Group. The Baldwin Group has completed the acquisition of Capstone Group, a full-service, multi-line independent insurance brokerage firm headquartered in the Philadelphia area. The transaction strengthens Baldwin’s position as a leading independent insurance brokerage and advisory firm serving personal and commercial clients across the United States.

3. AIG Names Eric Andersen as Next CEO. AIG has appointed Eric Andersen as president and CEO-elect, marking a significant leadership transition as current CEO Peter Zaffino prepares to move into the role of executive chair later this year. Andersen, a long-time Aon executive with nearly 30 years of experience across brokerage and risk advisory leadership roles, will assume the CEO position in June, ensuring continuity as AIG builds on its recent turnaround. Under Zaffino, the insurer restored underwriting profitability, reshaped its portfolio, and delivered strong shareholder returns momentum Andersen is expected to carry forward into AIG’s next phase of growth.

4. Allianz and Anthropic Partner to Advance Responsible AI Adoption in Insurance
Allianz SE has announced a global partnership with Anthropic aimed at scaling the responsible use of artificial intelligence across the group. The collaboration will focus on equipping employees with AI-powered tools, automating operational processes through agentic AI, and embedding strong governance and regulatory safeguards as AI adoption expands.

5. CRC Group Acquires Euclid Transactional to Expand Specialty Underwriting Platform. CRC Group has agreed to acquire Euclid Transactional in a move that strengthens its specialty underwriting and transactional risk capabilities. Announced in early January, the deal brings together Euclid’s global expertise in representations and warranties and tax liability insurance with CRC Group’s scale, technology, and distribution strength. The acquisition supports CRC Group’s strategy to build a comprehensive underwriting platform across financial and professional lines while expanding its international reach and product innovation.

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