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2023 Women to Watch Awards Americas EMEA

Crystal Png Managing director

Euclid Transactional, a division of Euclid Insurance Services Inc.

London

Crystal Png started out as a mergers and acquisitions lawyer, but after an extensive career in Australia and London she swapped the legal world for insurance.

Many of her clients were insurers and she wanted a role where she would be more involved in decision-making. “In the insurance world, you get to hold the pen and decide where to allocate capital,” Ms. Png said.

She joined Euclid Transactional, a specialist transactional underwriter, in 2019 as a managing director, responsible for underwriting M&A transactions and building an international team.

In her time at Euclid, she has grown her team from 10 to more than 40 staff spread across Europe — from London to Paris, Copenhagen and Stockholm. “We have recruited a lot more underwriters in international locations. It is a lot more active market, and you need an on-the-ground presence,” she said.

In addition to recruiting and training, Ms. Png leads a people and culture sub-group within Euclid’s Europe, Middle East and Africa steering committee. “Now that we have a larger team in international locations with different personalities and age profiles, it is very important to make sure it is collaborative and inclusive,” she said.

Ms. Png has taken the time to mentor and guide her team members while excelling in her own role, said Carl Christian Rösiö, principal at Euclid Transactional. She also produced a comprehensive manual for new joiners at the firm, which included detailed chapters on technical and practical issues.

“This is a very technical and demanding area of insurance,” he said. “Crystal has not only found a way to do her job brilliantly but also found the time and energy to mentor and develop the skills of her younger colleagues. The fact that she is so incredibly organized makes it possible for her to do so.”

Outside of work, she can often be found on the tennis court, which has become another outlet for her reserves of energy.

Nicholas Pratt