Business Insurance

Adtech firm 33Across is relaunching as WealthStage, an advertising platform aimed at banks, lenders, brokers, insurers and trading apps. The company says an AI engine will score household wealth, targeting financial services advertising as an estimated $124 trillion changes hands by 2048. It is unclear which data sources feed the scoring system and what parts of the original business remain under the 33Across name.

Zurich Insurance Group has outlined five priorities it says will reshape global travel and tourism in 2026, published alongside the Travel Tourism Development Index. The list points to the forces the industry is expected to grapple with over the coming year, from shifting traveller demand to resilience and sustainability pressures. Industry watchers are taking note as operators plan for 2026.

The European Union is developing a climate insurance plan aimed at narrowing the protection gap — the share of climate-related losses not covered by insurance. As extreme weather events increase across Europe, growing numbers of homes and businesses face uninsured damage. Officials hope the plan will expand coverage and improve resilience, though details of how it would work remain to be set out.

Specialty insurer Ascot has restructured its underwriting businesses and appointed presidents to lead its divisions. The move forms part of the group's effort to sharpen its specialty insurance and reinsurance operations under clearer divisional leadership. No financial details or named executives beyond the new division presidents were provided in the announcement.