This expansion enables the company to offer its services for mergers and acquisitions (M&A) within the APAC region. Credit: David Gyung/Shutterstock.

Euclid Transactional, a managing general agent specialising in transactional insurance underwriting and claims handling, has launched its APAC operations.  

This expansion enables the company to offer its services for M&A, tax risks and contingent risks within the APAC region. 

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It complements Euclid Transactional’s existing presence in the Americas, the UK, continental Europe, the Middle East and Africa. 

The new APAC branch, led by head of APAC Alice Ho, is based in Singapore. It is being supported by assistant vice-president Edward Chow and analyst Sean Goh.  

Previously, Ho served as the counsel in Clifford Chance’s Singapore office, where she advised on international and regional transactions. 

Euclid Transactional has a workforce of more than 140 across ten offices globally, including a claims team of over 20 professionals dedicated to transactional insurance.  

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The company’s APAC operations are authorised by Swiss Re International’s Singapore Branch to offer representations and warranties insurance, tax liability insurance and contingent liability insurance. 

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.  

“Our APAC team has deep understanding and knowledge of this product and transactions in the APAC market, and we are confident that we will provide the same excellent level of commercial underwriting and claims experience that we have delivered to our clients in North America and EMEA.”  

Euclid Transactional is an affiliate of Euclid Insurance Services (Euclid), which offers a range of support services, including advisory, accounting, IT and HR.  

This year, Euclid also entered a partnership with SiriusPoint, a specialty insurance and reinsurance provider.  

SiriusPoint will act as the exclusive carrier partner for Euclid Security’s liability programme, which covers alarm and security services, as well as fire suppression protection.