M&A transactions carry inherent risks. Transactional insurance, expertly navigated by experienced underwriters, acts as a powerful safety net for businesses, mitigating unforeseen issues arising from breaches of warranties, uncertain tax liabilities, and contingent liabilities. This empowers companies to pursue M&A with greater confidence, knowing their investments have an added layer of protection.
Euclid Transactional stands as a leading global underwriter of transactional insurance solutions. The company’s proven track record of fair and efficient claims handling, coupled with its underwriting expertise, allows it to effectively assist businesses and investors in navigating the complexities of M&A. Euclid Transactional helps ensure its clients are shielded from potential risks, safeguarding their investments.
“Since our inception, we have bound over 6,500 policies and made over $800 million in claim payments. Additionally, we have successfully handled more than 1,200 claims in over 20 jurisdictions worldwide,” says Shawn O’Neill, Chief Underwriting Officer at Euclid Transactional.
Since our inception, we have bound over 6,500 policies and made over $800 million in claim payments. Additionally, we have successfully handled more than 1,200 claims in more than 20 jurisdictions worldwide
A case in point is when Euclid Transactional successfully handled a claim for a first-time user of the product. The claim involved several issues under the same policy, including share capitalization, material contracts, and loss of material customers. Given the complexity and multitude of issues involved, the client required detailed information to support the claim. In addition to guidance through the mechanics of their first representation and warranty insurance claims process, the client needed a swift resolution and investigation of pre-closing activities concerning key individuals who were no longer with the company.
Euclid Transactional leveraged its market-leading claims handling knowledge and experience to help its client overcome these hurdles by narrowing the required information and streamlining the claims process. Regular communication between Euclid Transactional, the broker, and the client was also necessary to keep the claim progression on track. These efforts, combined with creative problem-solving, resulted in a speedy resolution and payout for the client. In the end, the client was glad that they were able to put an end to a significant problem that was plaguing their business.
The company has also helped many clients speed up their deals, empowering them to quickly close and overcome post-deal difficulties.
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