RWI continues to thrive in a post-pandemic M&A landscape
Post-COVID, while many markets struggled and slowed, the world of representations and warranties insurance (RWI) remained surprisingly resilient. Why? A combination of smaller M&A deals and the product’s nimble evolution to better match client needs.
Since the pandemic there’s been something of an evolution in the RWI market, with advancements in underwriting capacity. However, it’s not been without significant challenges and “unsustainably” low rates. Speaking to Insurance Business, Phil Casper (pictured above), a principal at Euclid Transactional, said that there’s been some innovation in the field too.