The following is a LinkedIn Article written by Justin Berutich, Managing Director and Head of Tax at Euclid Transactional. The bar was set high after Q2 2024, but Q3 managed to surpass it, highlighting the growing demand and impact of tax insurance across industries. The upward […]
The following is a LinkedIn Article written by Jay Rittberg, Managing Principal at Euclid Transactional. 2024 has been the busiest summer for global M&A deals in Euclid Transactional’s history. We set monthly records in both June and July 2024, binding 112 and 169 representation and warranty/warranty […]
The following is a LinkedIn Article written by Justin Berutich, Managing Director and Head of Tax at Euclid Transactional. The numbers are in and the second quarter of 2024 has shattered all expectations, setting the stage for an even more promising second half. The tax insurance […]
The following is a LinkedIn Article written by Jay Rittberg, Managing Principal at Euclid Transactional. Euclid Transactional set monthly records in both April and May 2024, binding 103 and 139 representation and warranty/warranty and indemnity insurance (RWI) policies globally. The volume of RWI policies bound in […]
The following is a LinkedIn Article written by Jay Rittberg, Managing Principal at Euclid Transactional. In Q1 2024, Euclid bound a Q1 record high 247 representation and warranty/warranty and indemnity insurance (RWI) policies globally, 4% more than the prior record for any Q1. We received […]
The following is a LinkedIn Article written by Justin Berutich, Managing Director and Head of Tax at Euclid Transactional. With the first quarter of 2024 now behind us, it’s a perfect time to reflect and take stock of the tax insurance market since I […]
Managing Principal Jay Rittberg highlighted trends in the representation and warranty/warranty and indemnity insurance (RWI) market through January 2024. Read more in Jay’s recent blog (linked here) or view the full text below. Euclid Transactional R&W/W&I Insurance February 2024 Update On this rare Leap […]
Although 2023 was a down year for global M&A volumes, the same cannot be said for Euclid Transactional’s global claims team, which helped facilitate over $225 million of payments by our carriers to help make clients whole for breaches of representations and warranties in […]
We are pleased to present Euclid Transactional’s first Global Representations and Warranties Insurance (RWI) Claims Study. View/download the North America version of the study here. View/download the EMEA version of the study here. Many hours went into the deals, policies, and claims that underlie […]
Managing Principal Jay Rittberg highlighted trends in the representation and warranty/warranty and indemnity insurance (RWI) market through September 2023. Read more in Jay’s recent blog (linked here) or view the full text below. Euclid Transactional R&W/W&I Insurance October 2023 Update As we approach the […]
We sat down with the NY team’s Summer Analysts, Alyvia Bruce, Cambrie Luce, Kathy Luan, Luke Wergeles, and Owen Hale, to learn about their experience and takeaways after their 10-weeks at Euclid Transactional. Euclid: Can you tell us about some of the most valuable […]
Managing Principal Jay Rittberg highlighted trends in the representation and warranty/warranty and indemnity insurance (RWI) market through August 2023. Read more in Jay’s recent blog (linked here) or view the full text below. Euclid Transactional R&W/W&I Insurance September 2023 Update With the recent passing […]
While a general decline in deal size and volume has been a common theme over the last year and half, certain areas of the market remain busy. A recent article in Institutional Investor states that lower middle market investments in founder-owned businesses have been “chugging along” […]
Summer may be winding down, but if July is any indication, our claims team is gearing up for what promises to be a busy end of the year. As discussed in our previous post, Euclid underwrote a record-breaking number of policies in the second […]
As predicted in our Q1 2023 Claims Update, the first half of 2023 has proven to be another busy period for our claims team. In the first five months of 2023 alone, Euclid Transactional reached settlements for claims totaling over USD 100 million. This […]
At the end of Q1, 2023, Reuters reported that global M&A had suffered its worst quarter in a decade. A perfect storm of recent bank failures, rising interest rates, inflation, fears of recession, increasingly robust antitrust review, and global political tension spooked private equity […]
2022 was another great year for Euclid Transactional’s global claims team as we continue to ensure that the size, experience and quality of the team, and its deep connection to our underwriters, allows us to deliver the most consistent, thoughtful, and proactive claims process […]
Managing Principal Jay Rittberg highlighted January’s record-breaking numbers in a recent blog. Read more about Euclid Transactional’s success in his blog (linked here) or view the full text below. Euclid Transactional R&W/W&I Insurance February 2023 Update January was a record month at Euclid Transactional, […]
The outlook for the M&A market appears murky for the second half of 2022, but the same cannot be said for RWI/W&I insurance claims. After record-breaking M&A volume from the end of 2020 through 2021, there are more RWI/W&I policies outstanding today than at any […]
Russia’s invasion of Ukraine and the sweeping economic sanctions that followed have upended economic growth, oil prices, commodity markets – and, as a result, introduced uncertainty to 2022’s business outlook. In our market, we are watching developments closely and advising clients as they navigate […]
Deal sizes are continuing to grow, and excess policies are becoming more necessary to secure sufficient limits on M&A transactions. Our team has paid almost $50M in excess claims, and we estimate that over 50% of the deals we underwrote in 2021 had an excess policy.
Although February saw uncertainty in the M&A industry and challenges created by the war in Ukraine, Euclid Transactional bound a record 83 R&W/W&I insurance policies worldwide, 6% more than February 2021. The average transaction value also increased to just over $450 million.
This past year was marked by shifting narratives and unexpected outcomes. The early optimism of new vaccines and a promising economic outlook was dampened by new coronavirus variants, supply chain constraints and pressure from inflation. Amidst this uncertain economic environment, M&A managed to post […]
10,000 requests for R&W/W&I insurance in a single year seemed unlikely in the past, but November’s M&A activity led to a couple of weeks where Euclid Transactional hit that pace with an average of over 200 submissions per week. In a record November 2020, we […]
Were you very busy with M&A transactions in October? Continuing on how Covid-19 is changing the landscape for M&A, below are Euclid Transactional’s stats through October on global R&W/W&I insurance submissions and policies bound for 2020. After a summer which the Financial Times described as “the […]
Continuing with our monthly updates on how Covid-19 is changing the landscape for M&A, below are Euclid Transactional’s stats through September on global R&W/W&I insurance submissions and policies bound for 2020. Consistent with articles like this one in the Financial Times describing the summer of 2020 as […]
Continuing with our monthly updates on how Covid-19 is changing the landscape for M&A, below are Euclid Transactional’s stats through August on global R&W/W&I insurance submissions and policies bound for 2020. In August, policy submissions increased, finally returning to 2019 levels after dropping around 70% […]
Continuing with our monthly updates on how Covid-19 is changing the landscape for M&A, below are Euclid Transactional’s stats through July on global R&W/W&I insurance submissions and policies bound for 2020. In July, we were glad to see an increase in policy submissions and bindings […]
Following up on our last post on how Covid-19 is drastically changing the landscape for M&A, below are our latest stats on global R&W/W&I insurance submissions and policies bound for 2020. After weekly submissions dropped by over 70% in April and May, we saw an increase in […]
Last month, Verizon announced plans to acquire videoconferencing firm Blue Jeans for under $500 million. The deal stands out as one of the few upper middle market transactions announced in the US since the coronavirus pandemic began to significantly impact the economy. In recent months, the […]
With Covid-19 drastically changing the landscape for M&A, you may find Euclid Transactional’s data on R&W/W&I insurance helpful. Below are our stats on global R&W/W&I insurance submissions and policies bound for 2020. Among other things, weekly submissions dropped by over 70%, average deal size decreased considerably […]
