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Who are we?

We are a division of Managing General Agency (MGA) with offices in Amsterdam and London.

We provide a tailored W&I solution which is currently focused on mergers and acquisitions (M&A) within Western Europe.

Tax Risk Insurance can be provided either in conjunction with an M&A transaction, for a separate stand-alone liability or general tax framework. Given our in-house expertise and wide network of tax advisors, we underwrite tax liabilities worldwide.

Our Values

Make It Personal

As a niche MGA, we guarantee to provide you with a personalised, commercial and high-quality offering.

Be the best in country

We do not believe in a one size fits all approach. Therefore, we maintain specialised in country expertise to ensure we fully understand the risk at hand and provide an appropriate bespoke product.

Quick and efficient

Transactional insurance should not only be a great risk transfer tool, but also a deal facilitator. As a newly established entrant, this gave us the opportunity to start from scratch in designing a more efficient, technology-based, timely and practical approach to the underwriting of risks.

We only have underwriting calls if necessary and can generally provide a first draft policy and complete underwriting questions in 48 hours from instruction.

Provide the best coverage possible

We want to build a relationship with you, and this can only be done by providing you with the very best product.

Our team’s experience in having underwritten over hundreds of deals throughout Europe, coupled with both our W&I and tax underwriters working together on each assignment, we are best placed to underwrite, or similarly dismiss potential transaction risks.

Our Structure

Castel Transact (Transact) is a division of Castel Underwriting Agencies Limited – a regulated MGA.

Transact receives authority from a number of insurance markets to issue insurance on their behalf. By grouping capacity, this enables for larger limits of insurance coverage than can be provided on a stand-alone basis.

All the insurance capacity that is represented carries financial strength ratings of “A+” (Strong) by Standard & Poor’s.

Claims

Claims handling is seen as a key component of our service. At Castel we will be responsive and professional in addressing claims. At Castel there is a dedicated claim handling division led by Vanessa Powell.

Please send any claims correspondence to
claims@castelmga.com

Our Structure

Castel Transact (Transact) is a division of Castel Underwriting Agencies Limited – a regulated MGA.

Transact receives authority from a number of insurance markets to issue insurance on their behalf. By grouping capacity, this enables for larger limits of insurance coverage than can be provided on a stand-alone basis.

All the insurance capacity that is represented carries financial strength ratings of “A+” (Strong) by Standard & Poor’s.

Claims

Claims handling is seen as a key competent of our service. At Castel we will be responsive and commercial in addressing claims. At Castel there is a dedicated claim handling division led by Vanessa Powell.

Please send any claims correspondence to
claims@castelmga.com

Transact Team

Sammy Shihab

Senior Underwriter & Principal
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Madhav Shankar

Junior Underwriter
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Herman van Aerts

Senior M&A Underwriter
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Staffan Bos

Tax Underwriter
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Castel Team

Castel Transact operates as a division within Castel Underwriting Agencies Limited which is part of the Barbican Group. By providing experienced and entrepreneurial underwriters with regulatory and compliance support, and an extensive range of infrastructure capabilities, Castel offers a fast-track route to creating their own businesses. Our partnership with Castel allows us to focus on servicing our clients’ needs, whilst they provide essential supporting functions.

For further details please visit www.castelmga.com

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