American International Group, Inc. in collaboration with Amwins, a global distributor of specialty insurance products and services, and funds managed by Blackstone announced they will be forming a new Lloyd's syndicate, Syndicate 2479, a novel structure involving a specialty distributor, insurer and Lloyd's syndicate backed with third-party capital. On January 1, 2026, Syndicate 2479 will commence underwriting $300 million of premium that will be managed by AIG. This portfolio is representative of a broad and highly diversified cross section of Amwins' $6 billion of delegated authority premiums. As part of the assessment, AIG deployed Palantir's Foundry capabilities to validate its in-depth analysis of the portfolio.
Longer term, in collaboration with Palantir, AIG will leverage Palantir's Foundry platform and multiple Large Language Model agents to quickly retrieve data and evaluate defined risk characteristics to understand how the Amwins' program portfolio aligns with the Syndicate's risk appetite. In connection, AIG has developed an onology that will enable Large Language Models to access over four million industry data points to further expand its underwriting capabilities. Evercore, Aon plc and Debevoise & Plimpton LLP acted as advisers for AIG.
