Endurance Specialty Holdings says it has acquired the assets of Galileo Weather Risk Management to form a new unit offering a suite of customized weather risk management products to help clients manage the impact of weather variability on their businesses.

The Endurance Global Weather unit has been formed with the employees of Galileo, a leading provider of weather risk management products and services. Th eunit will be based in New York City, with a operation to be established in London.

Martin Malinow joins Endurance Global Weather as its president and Scott Edwards joins as its managing director and COO, says Endurance, a Bermuda-based specialty provider of property and casualty insurance and reinsurance, in a statement.

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