NEW YORK, March 18, 2024 /PRNewswire/ -- Euclid Transactional, LLC ("Euclid Transactional"), a leading managing general agent focused on transactional insurance underwriting and claims handling, today announced global promotions. These include adding Justin Berutich to the global Executive Committee and making Will Hooper Co-Head of Canada. In other senior changes, Sedi Asem, on the underwriting function, and Joe Corsello, on the claims function, have each been promoted to Managing Director. Within operational leadership, Lizzie Vangorph has been promoted to Senior Vice President Business & People Operations, EMEA, and Daniel Beresford has been promoted to EMEA Finance Director. The other newly promoted executives are Daniel Boda, Senior Vice President, and Luke Williams, Vice President, in EMEA, and Len Loewith, Vice President, Claims, in Canada.
These promotions, part of 34 title and role changes, underscore Euclid Transactional's commitment to attracting and retaining top notch talent in order to deliver its clients unrivaled service across its 10 offices in North America, Europe and Asia and fostering career growth.
"We are proud of our depth of talent and continue to believe that a supportive culture where our professionals can grow with our business allows us to better serve our clients. These promotions highlight individuals who help us deliver consistent, dependable underwriting and claims expertise to our valued clients and partners," said Jay Rittberg, Managing Principal of Euclid Transactional. "I'm confident that our Executive Committee, now with Justin's tax and industry leadership experience, and Canadian leadership with Will continuing to partner with Mike MacRory as Co-Heads of Canada, will continue to strengthen our ability to address opportunities in the worlds of insurance and mergers and acquisitions."
"The dedication, knowledge and contributions of these individuals can be felt throughout our organization," Kit Westropp, Managing Principal, EMEA added. "These team members place an emphasis on understanding and guiding clients through the complexities often present in transactional insurance."
Since its founding in 2016, Euclid Transactional has underwritten over 6,500 policies, for deals with a combined value of nearly $5 trillion. Insureds have received claims payments of over $740 million from policies issued by Euclid Transactional.
The complete list of newly announced promotions, which span Euclid Transactional's global claims, counsel, operations, finance, and underwriting teams is set forth below:
North America:
Claims
Counsel
Operations
Underwriting
EMEA:
Finance
Operations
Underwriting
About Euclid Transactional
Euclid Transactional, LLC is a managing general agency specializing in the underwriting of representations & warranties, tax liability, contingent liability and other transactional insurance coverages. Operated by one of the industry's largest teams of experienced underwriters and claims executives, Euclid Transactional strives to provides the most consistent and dependable service and has issued policies that have paid over $740 million to its clients. The firm has offices in New York, London, Chicago, Frankfurt, Copenhagen, Stockholm, Dublin, Singapore, Toronto, and Paris, and offers full-service underwriting for deals across the Americas, Europe, the Middle East and Africa. Euclid Transactional is an affiliate of Euclid Insurance Services, a program administrator that provides its partners with advisory, accounting, information technology and human resource services. Euclid Transactional's insurance capacity is provided by premier insurers, all of which are rated AM Best A (Excellent) or better.
Euclid Transactional is an equal opportunity employer who recruits, employs, trains, compensates and promotes regardless of race, religion, color, national origin, gender, gender identity, sexual or affectional orientation, disability, age, veteran status, and other protected status as required by applicable law. Euclid Transactional is committed to promoting and maintaining a diverse, inclusive environment where different backgrounds, characteristics and viewpoints are valued. To advance this commitment, we have formed and empowered a Diversity, Equity and Inclusion Committee to help us put diversity, equity, and inclusion at the center of our hiring process and our company culture?and build a team that better reflects our desire for more equal representation in everything we do.
Media Contact:
Davis MacMillan
RF|Binder
[email protected]
212-994-7509
SOURCE Euclid Transactional, LLC
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