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Wire · operational-macro

Terryn replaces Cox as Beazley CEO as Zurich closes takeover

2 October 2026 · By · Wire by Fusion42

Published

2 October 2026

Topic

operational-macro

◆ Sectors

Insurtech

◆ Geography

United Kingdom

◆ Source

Read at theinsurer.com →

◆ Verified

Fusion42 · 2 October 2026 · Fusion42 review

Zurich Insurance Group has completed its $10.9 billion cash acquisition of Beazley, appointing Kristof Terryn as CEO of Beazley and Zurich Global Specialty, creating the world's largest specialty insurance business.

This Wire brief sits within Fusion42's coverage of Insurtech, and 3 sources have reported it.

◆ ◆ The Wire takeaway

Beazley's leadership change signals Zurich's strategy to dominate specialty insurance and opens new doors for founders developing niche insurance products to target a broader client base.

◆ Coverage

3 sources · 2 Oct 2026

◆ Related on Wire

◆ Topics

Insurtechm-ainsuranceleadership-changespecialty-insurance