Euclid Transactional
Euclid Transactional is a Managing General Agent that underwrites representations and warranties, tax liability, and contingent liability insurance for M&A transactions, serving strategic acquirers, private equity firms, and sellers through 11 offices across North America, EMEA, and APAC.
- Company typePrivate
- Founded2016
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Euclid Transactional does
Euclid Transactional, LLC is a US-domiciled Managing General Agent founded in 2016 and headquartered in New York, specializing in transactional insurance underwriting and claims handling for M&A transactions. The company's product portfolio comprises three core lines: Representations and Warranties Insurance (RWI/W&I) protecting buyers and sellers against breaches of acquisition agreement representations; Tax Liability Insurance covering uncertain tax positions that may fail to qualify for intended treatment; and Contingent Liability Insurance addressing adverse judgments, litigation exposure, and similar known risks. Policies are placed with a panel of highly-rated insurance carriers (Swiss Re, Aspen, SCOR, CNA, Zurich, Hudson, Westfield, and MSIG USA), and Euclid manages the full policy lifecycle from underwriting through in-house claims processing.
The company distributes its products through a broker-led MGA model, engaging insurance brokers, investment banks, and outside legal counsel who originate M&A transactions, and serves strategic corporate acquirers, private equity sponsors, and selling counterparties. Euclid operates 11 offices across North America (New York, Chicago/Itasca, Miami, Toronto), EMEA (London, Dublin, Frankfurt, Copenhagen, Stockholm, Paris, Rome), and APAC (Singapore, launched in August 2024 with a Paris office added in January 2024). The senior team is dominated by former M&A and corporate attorneys from leading law firms and former underwriters from AIG, Hiscox, and other major carriers, collectively representing over 350 years of M&A and insurance experience.
Following Searchlight Capital Partners' 2021 investment, the company scaled its geographic footprint, distribution relationships, and premium volume, reaching over $8.5 trillion in cumulative deal value insured, 9,700+ policies bound, and over $1 billion in claims paid to clients. In March 2026, CRC Group completed its acquisition of Euclid from Searchlight, integrating the platform into its CRC Underwriting division while Euclid continues to operate under its existing brand.
Euclid Transactional firmographics
Firmographics- Name
- Euclid Transactional
- Legal name
- Euclid Transactional, LLC
- Website
- https://euclidtransactional.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Euclid Transactional is a Managing General Agent that underwrites representations and warranties, tax liability, and contingent liability insurance for M&A transactions, serving strategic acquirers, private equity firms, and sellers through 11 offices across North America, EMEA, and APAC.
- Ownership category
- akta.pro rank
Euclid Transactional industry classification
Industry- Product category
- Transactional Insurance Underwriting
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242), Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance Due Diligence & Transaction Risk Advisory (M&A, W&I) (FSAEADAM)
- akta.pro secondary industry
- Transaction Structuring, Negotiation & Deal Execution Support (FSAEAGAK)
Keywords
Where Euclid Transactional is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices12 records
Markets served
Euclid Transactional business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Managing General Agent (MGA) Commissions: As an MGA, Euclid Transactional earns commissions and fees from insurance carriers for underwriting transactional insurance products. The company places policies through its carrier partners and receives a share of the premium as compensation for underwriting and claims handling services.
- Premium-based Revenue: Revenue is generated through premiums collected on representations and warranties insurance, tax liability insurance, and contingent liability policies. The MGA model means Euclid earns a percentage of premiums written.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Minimum deal size below $25M often doesn't meet minimum premium or diligence requirements |
| Unit Pricing | Pay-as-you-go | Minimum limit typically $5,000,000 |
| Other | Pay-as-you-go | Minimum retention typically around $300,000 |
| Outcome Based/ Performance | Pay-as-you-go | Retentions typically range from 0.5% to 1.0% of enterprise value |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Euclid Transactional product offering
Product offeringCore offering
Euclid Transactional is a managing general agent (MGA) that underwrites transactional insurance products, including representations and warranties insurance, tax liability insurance, and contingent liability insurance, for buyers and sellers in M&A transactions. The company manages the complete insurance lifecycle from underwriting through claims handling, with policies backed by highly-rated insurance carriers such as Swiss Re, Aspen, SCOR, CNA, Zurich, Hudson, Westfield, and MSIG USA.
Product overview
Euclid Transactional is a managing general agent (MGA) specializing in transactional insurance underwriting and claims handling for M&A transactions. The company's core product portfolio consists of four interconnected offerings: Representations and Warranties Insurance (RWI), Tax Liability Insurance, Contingent Liability Insurance, and Claims Processing services. RWI protects against undisclosed liabilities and misrepresentations in acquisitions, Tax Liability Insurance insulates buyers and sellers from adverse tax ruling impacts, and Contingent Liability Insurance caps exposure from known issues like litigation and warranties. The company manages the full policy lifecycle from underwriting through claims, backed by highly-rated insurance carrier partners including Swiss Re, Aspen, SCOR, Zurich, CNA, Hudson, Westfield, and MSIG USA. As of 2026, Euclid has been acquired by CRC Group and operates 11 offices across North America, Europe, and Asia-Pacific.
Differentiator
Problem solved
Functional benefit
Products and services
- Representations and Warranties Insurance (RWI) Transactional insurance that protects buyers and sellers in M&A transactions against breaches of representations and warranties made in acquisition agreements. Also known as Warranty and Indemnity (W&I) Insurance in EMEA markets.
- Tax Liability Insurance Insurance protection for taxpayers against uncertain tax positions not qualifying for intended tax treatment, whether in M&A transactions or strategic business positions. Covers tax owed, interest, penalties, and defense costs.
- Contingent Liability Insurance Insurance covering adverse judgments, balance sheet contingencies, and similar liabilities including litigation risks, open-ended indemnities, product warranties, and pending investigations.
- Claims Processing Claims handling service with a dedicated team that processes and resolves claims made against policies, ensuring fast and effective resolution for clients. Euclid operates the largest dedicated claims team in the transactional insurance industry.
Quantifiable outcome
- Over $8.5 trillion in total deal value insured since founding in 2016
- +4 more outcomes
Companies that use Euclid Transactional
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Euclid Transactional technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Euclid Transactional partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- CRC GroupcoreCRC Group, a leading wholesale specialty insurance distributor in North America, acquired Euclid Transactional from Searchlight Capital Partners in March 2026. The acquisition integrates Euclid's transactional risk underwriting platform into CRC Group's CRC Underwriting division, giving Euclid access to broader distribution and capabilities under CRC Group's ownership.
- Swiss Re Corporate SolutionscoreSwiss Re Corporate Solutions provides risk transfer solutions and is one of the primary insurance carriers backing Euclid Transactional's policies. The company is rated A+ (Superior) by AM Best.
- Aspen Insurance Holdings LimitedcoreAspen Insurance Holdings Limited provides insurance coverage and is part of Euclid's carrier panel. Aspen is rated AA- by S&P and A+ (Excellent) by A.M. Best.
- SCOR UK LimitedcoreSCOR UK Company Limited is one of the world's fourth largest reinsurers and provides capacity for Euclid's transactional insurance products. SCOR is rated AA by S&P and Fitch and A from AM Best.
- CNAcoreCNA provides specialist property and liability insurance cover and joined Euclid's North American program in 2024, having previously been part of the EMEA program. CNA operates across Europe, USA, and Canada.
- Zurich North AmericacoreZurich North America is one of the largest providers of insurance solutions serving businesses and individuals and provides capacity for Euclid's policies. Rated A+ (Superior) by AM Best.
- Hudson Insurance GroupcoreHudson Insurance Group is a market-leading specialty insurer providing property and casualty insurance products. Rated A+ (Superior) by A.M. Best, Financial Size Category XV.
- Westfield InsurancecoreWestfield Specialty Insurance Company offers innovative insurance solutions backed by Westfield, one of the nation's leading property and casualty insurers. Rated A XV (Excellent) by A.M. Best.
- MSIG USAcoreMSIG USA is a leader in commercial insurance specialty solutions backed by MS&AD Insurance Group Holdings. Rated A+, Class 15 by AM Best.
Scale indicators8 records
Recent moves6 records
Expansion highlights7 records
Euclid Transactional competitors and assessment
Company assessmentDirect peers
- AIG (Private Side / M&A Insurance Group): Long-standing market leader in W&I/transactional liability insurance via its M&A Insurance Group, historically the benchmark against which Euclid competes; many Euclid underwriters and MDs are former AIG M&A Insurance alumni.
- Liberty Specialty Markets (Liberty Mutual): Major carrier-backed W&I writer active in the UK, Europe, and US, offering representations and warranties and tax liability coverages in direct competition with Euclid in EMEA and North America.
- Tokio Marine HCC: Operates a transactional risk insurance practice underwriting R&W and specialty M&A coverages; competing platform for broker-sourced deals, particularly in the US and London markets.
- Hiscox: Specialty insurer with an active W&I and transactional liability practice, competing head-to-head with Euclid in the US, London, and European markets across R&W and tax liability coverages.
- Beazley: Lloyd's-aligned specialty insurer with a dedicated M&A and transactional liability team offering R&W insurance and related coverages that compete with Euclid in EMEA and US markets.
- Travelers: Large US commercial carrier with a transactional liability practice underwriting representations and warranties insurance for middle-market and large-cap deals, overlapping with Euclid's middle market and large deal focus.
- Allianz (Allianz Global Corporate & Specialty): Global insurer offering W&I/R&W and tax insurance through its specialty lines; significant European presence that competes directly with Euclid's DACH, France, and broader EMEA franchises.
- Chubb: Global P&C carrier with transactional risk / W&I capabilities across the US and international markets; competes with Euclid for large strategic and sponsor-led M&A deals and offers bundled commercial coverage.
- QBE Insurance: Specialty insurer offering transactional insurance solutions including representations and warranties cover in the US, UK, and Australia; another diversified carrier competing with Euclid's specialist model.
Broad incumbents
- Marsh (W&I Broker Practice): Global insurance broker placing W&I/R&W business with multiple carriers; while not an underwriter itself, Marsh shapes broker relationships and panel dynamics that directly affect Euclid's submission flow and market access.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Euclid Transactional social profiles
Digital presenceEuclid Transactional financial estimates
Financial estimateRevenue estimate
Valuation estimate
Euclid Transactional leadership team
Management profileNumber of profiles
Profiles10 records
Euclid Transactional funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Euclid Transactional M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Euclid Transactional
What does Euclid Transactional do?
Euclid Transactional is a managing general agent (MGA) that underwrites transactional insurance products, including representations and warranties insurance, tax liability insurance, and contingent liability insurance, for buyers and sellers in M&A transactions. The company manages the complete insurance lifecycle from underwriting through claims handling, with policies backed by highly-rated insurance carriers such as Swiss Re, Aspen, SCOR, CNA, Zurich, Hudson, Westfield, and MSIG USA.
Is Euclid Transactional a public or private company?
Euclid Transactional is a private company. It is classified as corporate owned and is currently operating.
When was Euclid Transactional founded?
Euclid Transactional was founded in 2016. It employs 101 to 250 people.
Where is Euclid Transactional based?
Euclid Transactional is headquartered in New York, United States, in the North America region.
How does Euclid Transactional make money?
Two revenue lines are on record. Managing General Agent (MGA) Commissions are the primary driver. The others are premium-based Revenue.
Who are Euclid Transactional's main competitors?
Direct peers on record are AIG (Private Side / M&A Insurance Group), Liberty Specialty Markets (Liberty Mutual), Tokio Marine HCC, Hiscox, Beazley, Travelers, Allianz (Allianz Global Corporate & Specialty), Chubb and QBE Insurance. Marsh (W&I Broker Practice) is listed as a broad incumbent.
Does Euclid Transactional have an API?
No public API is recorded for Euclid Transactional.
What industry is Euclid Transactional in?
Euclid Transactional's product category is Transactional Insurance Underwriting. Its primary akta.pro industry code is FSAEADAM, Insurance Due Diligence & Transaction Risk Advisory (M&A, W&I), with a secondary code of FSAEAGAK, Transaction Structuring, Negotiation & Deal Execution Support. Its NAICS code is 52421 and its SIC code is 6411.