{"id":8705,"date":"2022-08-23T08:57:37","date_gmt":"2022-08-23T15:57:37","guid":{"rendered":"https:\/\/172.206.104.62\/euclidtransactional\/?p=8705"},"modified":"2022-08-23T10:43:02","modified_gmt":"2022-08-23T17:43:02","slug":"q2-report","status":"publish","type":"post","link":"https:\/\/euclidtransactional.com\/?p=8705","title":{"rendered":"Q2 Update"},"content":{"rendered":"

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While economic markers continue to produce mixed signals, M&A saw continued growth in Q2 relative to Q1 of 2022. Our results demonstrate continued strong demand for R&W with an increase in submissions and policies bound compared to the first quarter.<\/p>\n

A Look at Our Numbers<\/strong><\/h3>\n

While total submissions increased for the entire second quarter of 2022 relative to the first quarter of 2022, submissions have fallen behind last year\u2019s pace. Compared to years prior to 2021, however, the amount of submissions and policies bound set the market on pace for its second biggest year ever. We credit this strong adoption of the product to efficient execution and proven claims-paying ability, even during a market where submission volume may be impacted by interest rate related financing concerns and ongoing geopolitical instability. The R&W market typically sees an increase in demand during the second half of the year, and we believe this could happen again as clients look to deploy the substantial capital at their disposal before the end of the fiscal year.<\/p>\n

See below for Euclid\u2019s global policy submissions and deals bound by quarter for the last four year period.<\/p>\n

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Our Perspective Updates<\/strong><\/h3>\n

Insurance Business America Top Insurance Employers 2022<\/h4>\n

For the second consecutive year, Euclid Transactional was announced as an Insurance Business America Top Insurance Employer for 2022! We are proud of our team\u2019s dedication to continuing to build an inclusive and supportive environment for our employees.<\/p>\n

Learn More<\/a><\/p>\n

War, Sanctions and Inflation<\/h4>\n

We discuss Russia\u2019s invasion of Ukraine and how the sweeping economic sanctions that followed have upended economic growth, oil prices, commodity markets \u2013 and, as a result, introduced uncertainty to 2022\u2019s business outlook.<\/p>\n

Learn More<\/a><\/p>\n

Keeping Pace<\/h4>\n

In the first half of 2022, we saw a 39% increase in total claim notices – an increase that is in line with historical patterns and expected given the 110% rise in the number of policies we underwrote last year. We discuss our outlook on anticipated claims experience for the rest of the year.<\/p>\n

Learn More<\/a><\/p>\n

Financier Worldwide Magazine\u2019s Transactional Risk Roundtable<\/h4>\n

Managing Director Jon Friedman<\/a> took part in an in-depth roundtable discussion on transactional risk management with Financier\u00a0Worldwide Magazine. In the article, he discusses the importance of claims-paying reputation, underwriting experience and ability to execute fast-moving deals in a commercial manner.<\/p>\n

Learn More<\/a><\/p>\n

Inside the Black Box: An Underwriter\u2019s Perspective on Tax Insurance<\/h4>\n

Euclid Transactional\u2019s tax team (Bryce Pressentin<\/a>,\u00a0Justin Berutich<\/a>,\u00a0Jeffrey Lash<\/a>,\u00a0Kyle Reiter<\/a>, and\u00a0Sydney Lodge<\/a>) published an article in Tax Notes International outlining the benefits of tax insurance, the process for obtaining insurance, and common policy terms.<\/p>\n

Learn More<\/a><\/p>\n

Business Insurance Breakout Award Winner: Justin Pierce Berutich<\/h4>\n

Managing Director and head of tax, Justin Berutich<\/a> was honored in Business Insurance as one of the up-and-coming leaders in 2022.<\/p>\n

Learn More<\/a><\/p>\n

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While economic markers continue to produce mixed signals, M&A saw continued growth in Q2 relative to Q1 of 2022. Our results demonstrate continued strong demand for R&W with an increase in submissions and policies bound compared to the first quarter. A Look at Our […]<\/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-8705","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