Euclid Transactional
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Insurance Insider US reviews Euclid’s process and recent events in US MGA and retail broking. -
The valuation for the Jay Rittberg-led program manager is understood to be $1bn+.
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The Jay Rittberg-led program manager kicked off a strategic process in August.
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A view into PE-fueled activity in the MGA sector, as LatAm carrier M&A accelerates.
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Sources said that the NY-based TL underwriter has retained Piper Sandler to run the process.
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Hasnaa El Rhermoul will be SVP at Ethos Transactional, sources said.
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This publication revealed two years ago that EQT could lodge a $1bn claim.
