Euclid Transactional, a leading global managing general agent focused on transactional insurance underwriting and claims handling, has launched in the Asia Pacific (APAC) with a company in Singapore.
Euclid Transactional APAC operates under a delegation of authority by Swiss Re International SE, Singapore Branch, in respect of representations and warranties insurance, tax liability insurance and contingent liability insurance, which arrangement is registered with the Monetary Authority of Singapore. Euclid Transactional APAC is registered with the General Insurance Association of Singapore.
With the launch, Euclid Transactional will be able to service its clients and brokers on their merger and acquisition transactions, tax risks, and contingent risks in APAC, in addition to the Americas, the UK, continental Europe, the Middle East and Africa.
Euclid Transactional is a managing general agency specialising in the underwriting of representations and warranties/warranty and indemnity, tax liability, contingent liability and other transactional insurance coverages.
Euclid Transactional managing principal Jay Rittberg said, “Since our inception in 2016, we have been repeatedly asked by our broker partners and clients to insure their transactions and risks in Asia Pacific. We are pleased to now have boots on the ground in Singapore to support this key region."
The APAC operations are headed by Ms Alice Ho. Prior to joining Euclid, Alice was a counsel in the mergers and acquisitions team in Clifford Chance’s Singapore office, and she spent more than a decade advising private equity firms and corporates on market-leading transactions, both international and regional.
Euclid Transactional has offices in New York, London, Chicago, Frankfurt, Copenhagen, Stockholm, Dublin, Toronto, Paris, and Singapore, and offers full-service underwriting for deals across the Americas, Europe, the Middle East and Africa, and Asia Pacific. Euclid Transactional’s insurance capacity is provided by premier insurers, all of which are rated AM Best ‘A’ (Excellent) or better. The group has more than 140 employees across 10 offices around the world.