Euclid Transactional

On October 24th, we hosted our second annual Carrier Symposium. It was a fantastic opportunity to engage with our carrier partners and share insights on the current state of the transactional insurance market. We covered several key topics that set us apart, including our global cross-team collaboration, our experienced claims team, and our ongoing efforts in innovation and expertise. A big thank you to our carriers for their continued support! We look forward to closing out 2024 on a high note and embarking on another exciting chapter together in 2025.   #EuclidTransactional #RWI #Claims #TransactionalInsurance #TaxInsurance

Join Phil Casper as he and his co-speakers delve into the latest M&A insurance trends in activity on Expert Webcast’s M&A Insurance Roundtable, Thursday, November 7th!   #EuclidTransactional #MergersAndAcquisitions #RWI #InsuranceTrends

Euclid Transactional’s second annual Global Representations & Warranties/Warranty and Indemnity Insurance (RWI) Claims Study is here. This year’s report analyzes a total of eight years’ worth of global claims data and identifies insights that will be of interest to anyone who is involved in M&A or transactional liability insurance.   We were busy during the 12 months from our last study. Euclid Transactional launched offices in Singapore and Paris, paid dozens of claims for more than $268M in loss, and made what are, to our knowledge, the biggest ever RWI payments in France, Slovenia, and Canada.    All of this and more is highlighted in our 2024 Global RWI Claims Study, which analyzes almost $830 million of claims payments made across 135 individual payments.   We are grateful for the collaborative work by our colleagues, clients, brokers, lawyers, advisors, and insurance carriers that made this all possible.   Read the 2024 Euclid Transactional Global RWI Claims Study here: https://lnkd.in/e3JMgKaZ #Claims #ClaimsStudy #RWI #RepsAndWarranties #MergersAndAcquisitions #TransactionalInsurance

Managing Principal Jay Rittberg offered his perspective on the R&W/W&I market for Q3 2024, which was the busiest quarter for bound RWI policies globally in Euclid Transactional’s history. Upward-trending deal sizes and strong submission counts and enterprise values support an upward trajectory in RWI rates after lows earlier this year. The increase in U.S. RWI rates are an encouraging sign that clients understand and recognize the significant resources that underpin the high level of service that our best-in-class team at Euclid delivers to its partners in the M&A ecosystem. Read more of Jay's thoughts below. #RepresentationsandWarranties #Claims #RWI #TransactionalInsurance 

In the lead up to our second annual Global RWI Claims Study, which is set to release next week, we are happy to share our September 2024 Claims Update. After a brief summer slowdown in claim payments, Euclid Transactional had another active month in September, settling six claims for a total payment of just over $42M across the United States, Canada, and Denmark. These claims involved issues related to financial statements, employment, tax, undisclosed liabilities, and compliance with laws. These settlements bring total paid loss to $880M. We built a hardworking 20+ person claims team so we could have the bandwidth to handle our claims with the high service levels and on the timelines that our clients expect, even during the most active of times. We are proud to be able to deliver for our clients on these six payments. If you’re interested in reading more about our claims team’s accomplishments, keep an eye out next week for the release of our 2024 Global RWI Claims Study, which will analyze our 135 claims paid for an aggregate amount of almost $830M through June 30, 2024. #Claims #RWI #TransactionalInsurance #MergersAndAcquisitions #PrivateEquity

Managing Director and Head of Tax Justin B. offered his thoughts on a record-breaking Q3 for our tax practice and his expectations for a busy rest of the year. In the blog post below, Justin discusses the 400 global tax submissions Euclid received in this quarter alone, and the Inflation Reduction Act provisions that are partly driving high submission volumes. Tax insurance is in higher demand than ever before, and we're gratified to have earned the trust of our clients and partners. Read Justin's article below and let us know if our assessment of the tax space matches what you're seeing. #TaxInsurance #Tax #Claims #RWI #TransactionalInsurance 

We're thrilled to announce that Associate General Counsel and Senior Vice President Rose K. and Senior Vice President Kimberly Heessels were named Claims Rising Star of the Year and Underwriting Rising Star of the Year, respectively, by Insurance Insider Honors. We're proud of their accomplishments and honored to see them recognized as the best and brightest in the insurance industry. In addition, Euclid Transactional was named the recipient of the Insurance Insider Honors' Women in Insurance Award, which recognizes organizations that cultivate opportunities for women in the insurance industry. Having diverse viewpoints and experiences is important to us and we appreciate Insurance Insider for recognizing our efforts to make the insurance industry a more welcoming place for women. #InsuranceInsider #WomeninInsurance #InsiderHonors #TransactionalInsurance #Insurance #ReInsurance #Underwriting #Claims

Euclid Transactional Principal Phil Casper recently joined hosts Bryan O'Keefe, Gena Usenheimer and Christine K. on Seyfarth Shaw LLP's first claims-focused "Into the Breach" podcast. Phil and the Seyfarth team discussed why the claims experience is so important for the RWI/W&I product, the need for sufficient rate for insurers to be able to pay claims, and why we believe having a well-supported claims team is critical to delivering the excellent service we aim to provide. Listen to the full episode here: https://lnkd.in/exqucwxK #IntoTheBreach #RepresentationsAndWarranties #RWI #TransactionalInsurance #Insurance #ReInsurance #Underwriting #Claims

Thank you to the Finance Association of Miami for hosting us at the 2024 Speaker Series event! Euclid Transactional is proud to be a Founding Sponsor of the Finance Association of Miami. It was great to see our valued trading partners and industry leaders from across the south Florida investment community. We look forward to our continued involvement with this wonderful organization and professionals it aims to connect and support.

We are thrilled to announce the launch of our Asia Pacific office, headquartered in Singapore and led by Head of APAC Alice Ho. We look forward to providing best-in-class service and deep commercial underwriting expertise to clients and brokers in the Asia Pacific region on warranty and indemnity, tax, and contingent risks.   Read the full press release here: https://lnkd.in/gKghzpMy   #APAC #Singapore #Insurance #TransactionalInsurance #TaxInsurance #Underwriting #WarrantyandIndemnityInsurance