Insurance

Euclid Transactional welcomes CNA to its North American transaction security program

Euclid Transactional welcomes CNA to its North American transaction security program

Insurance news

By Jonalyn Cueto



Euclid Transactional, LLC, a managing general agent specializing in transactional insurance underwriting and claims processing, has expanded its partnership with CNA, with the latter joining its former North American Transactional Insurance program.

According to a press release, this demonstrates CNA’s confidence in Euclid Transactional, which has secured nearly $5 trillion worth of transactions across its global network of 10 offices. CNA has been part of Euclid Transactional’s programs in EMEA since early 2022. Euclid Transactional’s claims handling team, which includes more than 20 professionals, has facilitated more than $800 million in payments since 2016.

“Expanding our already excellent relationship with a high-quality insurer like CNA will enhance our ability to deliver consistent, reliable business solutions to our valued clients around the world,” said Jay Rettberg, managing director of Euclid Transactional.

Stephen Goldman, Senior Vice President at CNA, emphasized the positive trajectory of their partnership and their eagerness to expand their international presence.

“We believe our support will allow Euclid Transactional to focus on best-in-class execution across transactions and claims processing,” he said.

John N. praised Collis, President and CEO of Euclid Insurance Services and a member of the Board of Directors of Euclid Transactional, acknowledges the growth of partners like CNA within their network. He emphasized Euclid Transactional’s commitment to excellence and its team of A-rated AM Best or Best carriers.

Founded in 2016, Euclid Transactional has insured more than 6,500 policies. It has offices located throughout the Americas, Europe, the Middle East and Africa, offering full underwriting services for a variety of transactions.

CNA is an American commercial property and casualty insurance company with over 125 years of experience. It serves businesses and professionals in the United States, Canada, and Europe with its suite of insurance products and services.

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