Euclid Transactional welcomes CNA to North American transactional insurance coverage program

Euclid Transactional, LLC, a managing normal agent specializing in transactional insurance coverage underwriting and claims dealing with, has expanded its partnership with CNA, because the latter joins the previous’s North American transactional insurance coverage program.

In response to a information launch, this demonstrates the boldness of CNA in Euclid Transactional, which has insured transactions valued at virtually $5 trillion throughout its world community of 10 workplaces. CNA has been part of Euclid Transactional’s Europe, Center East, and Africa applications since early 2022. Euclid Transactional’s claims dealing with staff, comprising over 20 professionals, has facilitated funds exceeding $800 million since 2016.

“The growth of our already glorious relationship with a top-quality insurer like CNA will improve our skill to ship constant, reliable business options to our valued shoppers across the globe,” mentioned Jay Rittberg, managing principal of Euclid Transactional.

Steven Goldman, senior vp at CNA, emphasised the optimistic trajectory of their partnership and their eagerness to broaden their worldwide footprint.

“We imagine our assist will enable Euclid Transactional to give attention to best-in-class execution on transactions and claims dealing with,” he mentioned.

John N. Colis, president and CEO of Euclid Insurance coverage Companies and a director on the board of administrators of Euclid Transactional, counseled the expansion of companions like CNA inside their community. He emphasised Euclid Transactional’s dedication to excellence and its panel of AM Greatest rated A or higher carriers.

Established in 2016, Euclid Transactional has underwritten over 6,500 insurance policies. It has workplaces positioned throughout the Americas, Europe, the Center East, and Africa, providing full-service underwriting for a various vary of transactions.

CNA is a US business property and casualty insurance coverage firm with over 125 years of expertise. It serves companies and professionals within the US, Canada, and Europe by way of its vary of insurance coverage services and products.

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