{"id":9256,"date":"2024-10-15T06:00:40","date_gmt":"2024-10-15T13:00:40","guid":{"rendered":"https:\/\/euclidtransactional.com\/euclidtransactional\/?p=9256"},"modified":"2024-10-15T06:00:40","modified_gmt":"2024-10-15T13:00:40","slug":"euclid-transactional-2024-global-rwi-claims-study","status":"publish","type":"post","link":"https:\/\/euclidtransactional.com\/euclidtransactional\/euclid-transactional-2024-global-rwi-claims-study\/","title":{"rendered":"Euclid Transactional 2024 Global RWI Claims Study"},"content":{"rendered":"

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We are pleased to present Euclid Transactional\u2019s second annual Global Representations & Warranties Insurance (\u201cRWI\u201d) Claims Study.<\/p>\n

View\/download the North America version of the study here.<\/a><\/em><\/p>\n

View\/download the EMEA version of the study here.<\/a><\/em><\/p>\n

Last year\u2019s Study was well-received and we are pleased to provide an update for 2024.<\/p>\n

Rates for RWI have dropped to historical lows in 2024. With pricing so low across the board, we believe it is an excellent time for clients to take a hard look at the relative value they are able to receive from various RWI competitors, particularly when it comes to an RWI underwriter\u2019s claims experience.<\/p>\n

Material claims, when they do occur, can be devastating to an acquisition if not handled fairly and efficiently. As noted in this Study, severe claims are on the rise and, as a result, we believe claims experience should\u2014 and will\u2014be an increasingly important part of the decision when purchasing RWI.<\/p>\n

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Euclid Transactional\u2019s claims team has 13 claims handlers and 8 support members. We have paid over $825M in claims; we have reserved another $365M for claims that we expect to pay in the future. And we feel strongly enough about the fairness of those payments\u2014and the process which led to them\u2014that we release this annual Claims Study discussing these claims and highlighting the details. We believe that an RWI underwriter should be able to stand behind its claims process and be comfortable discussing data about it.<\/p>\n

Euclid Transactional was founded to provide premium underwriting and claims service on every policy that we bind. With this blueprint, we have built a team of almost 150 people in 10 offices globally, including the industry\u2019s largest claims team, and insured deals valued at over $5.5 trillion. Many clients and their trusted advisors have told us that the hard work we put into being commercial, timely, and making the RWI underwriting process as seamless as possible on the claims underlying this Study made it worth the extra cost for a Euclid Transactional policy.<\/p>\n

We hope to work with you on your next deal.<\/p>\n","protected":false},"excerpt":{"rendered":"

We are pleased to present Euclid Transactional\u2019s second annual Global Representations & Warranties Insurance (\u201cRWI\u201d) Claims Study. View\/download the North America version of the study here. View\/download the EMEA version of the study here. Last year\u2019s Study was well-received and we are pleased to […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-9256","post","type-post","status-publish","format-standard","hentry","category-blog-posts"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t