New York-headquartered managing general agency Euclid Transactional has launched an operation in Frankfurt. It is the firm's fifth international office, and will be led by vice president and underwriting counsel Daniel Mösinger. Euclid specializes in writing M&A and transactional liability policies, and has paper from company market carriers including Allianz, Swiss Re Corporate Solutions and Aspen. Mösinger joins from law firm K&L Gates, where he advised clients on cross-border M&A as part of the company's corporate M&A and venture capital team. Commenting on the launch of the new office, Euclid managing principal Kit Westropp said the German-speaking region was fertile ground for M&A transactions, and that the company had seen deal volume and flow expand rapidly in the market since 2018. "We are excited to officially have a home case in Frankfurt, and cannot imagine a better first hire than Daniel. We are confident that he will be an immediate…
Euclid Transactional, LLC ("Euclid Transactional"), a leading managing general agent focused on transactional insurance underwriting, today announced four promotions on its North American team of underwriting professionals. The promotions underline the deep and growing talent available to the firm's clients. Euclid Transactional has seen significant growth over the past two years, including the launch of new practices in Europe, Middle East and Africa (EMEA) and Canada, as well as a new practice in New York focused on tax. Since launch, the firm's Canada practice has grown to be the largest and most experienced in that country, and its EMEA practice now features more than 11 members. The senior level promotions announced today include: Shawn O'Neill from Senior Vice President to Managing Director Manuel Giner from Senior Vice President to Managing Director Jake Filak from Vice President to Senior Vice President Jon Friedman from Vice President to Senior Vice President Each…
Euclid Transactional Expands Transactional Insurance Program into Europe, Middle East and Africa in cooperation with Swiss Re Corporate Solutions and Aspen Insurance
London, UK ­­­­– July 9, 2018 – Euclid Transactional, LLC ("Euclid Transactional"), the New York based subsidiary of Euclid Insurance Services, Inc. ("Euclid"), announced today that it has launched a UK subsidiary to offer transactional insurance underwriting and claims handling solutions throughout Europe, the Middle East and Africa ("EMEA"). The new London-based agency will be managed by seasoned underwriters Kit Westropp and Carl Christian Rösiö who have over 20 years of experience working on M&A transactions and will join as principals. Swiss Re Corporate Solutions and Aspen Insurance have authorized the Euclid Transactional EMEA team to act as their managing general agent offering warranty & indemnity, tax liability and contingent liability coverages of up to $45 million of limits per deal on a primary or excess basis for risks across all industry sectors. Jay Rittberg, Managing Principal of Euclid Transactional commented, "We are thrilled to join forces with these market-leading…
Enviant Managing Principal Ken Cornell and Euclid Transactional, LLC Principal Phil Casper to present on the upcoming webcast
Enviant Managing Principal Ken Cornell and Euclid Transactional, LLC Principal Phil Casper to present on the upcoming webcast: Environmental and Transactional Risk Insurance: What Lies Ahead? Tuesday, July 11, 2017 3:00 pm – 4:30 pm (EST) Registration is FREE courtesy of Enviant. Please enter discount code "ENVIANT0711" to avail the free registration. For more event information, please feel free to click this link: Environmental and Transactional Risk Insurance: What Lies Ahead? Ken Cornell Bio Ken Cornell is Managing Principal of Enviant, a Division of Euclid Environmental Underwriters, LLC. Ken, along with a team of industry veterans, launched Enviant in March of 2016, building a team of underwriting, claims and legal professionals to deliver a diverse portfolio of environmental insurance products and services. He began his career with AIG in 1985, rising from an entry level underwriting position to Executive Vice President of AIG Environmental, ultimately managing a $1B environmental insurance…
Euclid Transactional Launches Transactional Insurance Program in Partnership with Swiss Re Corporate Solutions and Allianz
New York, New York – July 20, 2016 – Euclid Transactional, LLC ("Euclid Transactional"), a subsidiary of Euclid Insurance Services, Inc. ("Euclid"), announced today that it has entered into agreements with Swiss Re Corporate Solutions and Allianz Global Corporate & Specialty ("AGCS") to offer representations & warranties, tax liability, contingent liability and other transactional insurance coverages. Under the program, Euclid Transactional will have underwriting and claims handling authority as a managing general agent for Swiss Re Corporate Solutions and AGCS. The program will focus on both primary and excess insurance opportunities and will cover risks for transactions across all industry sectors. Jay Rittberg, Managing Principal of Euclid Transactional commented, "We are honored to serve as underwriting and claims handling representative for these outstanding organizations. With the signing of these agreements, our clients will benefit from our carrier partners' shared appreciation of the execution required to succeed in the world of…
Euclid Insurance Services, Inc. Forms New Underwriting Operation for Transactional Insurance
Itasca, IL and New York, NY–April 20, 2016 – Euclid Insurance Services, Inc. ("Euclid"), today announced that it has formed Euclid Transactional, LLC ("Euclid Transactional"), a transactional insurance underwriting platform, to expand its capabilities to provide representations & warranties, tax liability, contingent liability and other transactional insurance coverages. Jay Rittberg, Phillip Casper and Albert Song have joined Euclid Transactional as equity partners, and they will lead the new operation out of New York, NY. The Euclid Transactional team members are highly regarded thought leaders in the transactional insurance space. John N. Colis, President and CEO of Euclid commented, "The use of transactional insurance has increased significantly over the past few years and we are excited to expand our transaction-related offerings to our insurer partners and clients through this new, unique underwriting facility. The team, collectively, has more than 30 years of experience working on M&A transactions and has demonstrated the…