The changes would be rolled out gradually over 2026 and 2027.

Travelers invested more than $1.5 billion in AI and technology initiatives during 2025 alone.

The statement was issued without Zurich’s consent and does not represent a firm intention by Zurich to make an offer under UK takeover rules.

With the transaction complete, TrueCar will no longer be publicly traded, and Painter returns as CEO.

In parallel, the business rebranded as Altimeter Solutions Group.

AxisPeak Capital is a newly formed premium finance company based in Ridgewood, New Jersey.

The company positions itself as an estimating and proposal system of record for contractors.

Carrefour is a French multinational retailer and one of the world’s largest grocery and consumer goods chains.

AXA’s commercial and risk management clients gain access to ICEYE’s near real-time satellite imagery.

The platform is designed to centralize underwriting expertise while leveraging Ardonagh’s existing distribution network and insurer relationships.

Initial capital commitments include a U.S. family office, senior leadership, and parent Nassau Financial Group, with plans to open the strategy to additional investors in the second half of 2026.

Ventis is backed by Mission Underwriting and focuses on commercial and residential real estate risks.

The new division will be led by Lewis Goodearl, who joins from Convex.

Founder David Kleinhandler will move into the role of Chairman.