Profile
Miranda is managing director at Euclid Transactional and a trusted representations and warranties insurance (RWI) underwriter, known for her ability to lead on complex M&A deals.
With more than 20 years of experience across global insurance, finance, and underwriting, she has built a career defined by:
technical excellence
commercial judgment
deep commitment to elevating others
Beginning at EY in China and later Singapore, she gained a rigorous grounding in audit and financial analysis before pivoting into senior finance roles within insurance companies. Each move expanded her responsibility, sharpened her insight, and deepened her experience.
Today, based in New York, that dual perspective allows her to assess transactions holistically, balancing rigorous analysis with a clear view of commercial realities.
“That means deeply understanding the commercial objectives, stress-testing assumptions, and working closely with all stakeholders to anticipate where risk could crystallize,” explains Ma. “Scale doesn’t just amplify opportunity; it amplifies execution risk, so clarity, preparation, and decisive judgment become critical.”
Ma routinely works on transactions where the room for error is virtually nonexistent. She has helped lead some of Euclid Transactional’s largest deals to date, including transactions of up to $35 billion and multiple deals in the $10 billion range.
Her approach is rooted in discipline, and in high-stakes situations, clients and broker partners alike trust her. “That trust has been built over time through consistently delivering thoughtful risk analysis, clear decision-making, and reliable execution, particularly in situations where clients are navigating transactions with no standard playbook,” she says.
Ma considers her greatest achievement the reputation she has earned as a go-to RWI underwriter for the most complex, consequential deals in the market. It reflects years of experience across finance and underwriting and the ability to enable transactions while maintaining disciplined, thoughtful risk assessment. She has also been instrumental in building Euclid’s secondary RWI practice, further sharpening her insight into how different counterparties evaluate risk and enhancing the strength of the wider platform.
Her strongest professional quality is problem-solving grounded in commercial judgment. Ma thrives in complexity, engaging directly with brokers and clients to understand their goals and structuring coverage that is both responsive and disciplined. She brings rigor, curiosity, and accountability to every deal, constantly investing in understanding evolving M&A trends, financial structures, and jurisdictional nuances.
Additionally, as a woman who began her career in traditionally male-dominated front-office environments, Ma has navigated cultural and structural barriers with preparation, persistence, and results. She says, “I see it as a responsibility to inspire and support the next generation of female transactional insurance leaders.”
She uses her platform through Euclid’s Advocate and mentor programs and her leadership role with industry community group Women of Transactional Risk to help build networks, visibility, and confidence for female professionals entering transactional risk.
“Ultimately, I want to be remembered as someone who combined technical expertise with genuine engagement, built trust across teams and clients, and helped foster the next generation of leaders in a space that once felt unwelcoming to women,” says Ma.
1 Park Ave, New York, NY 10016
984 777 3149
miranda.fischer@alliant.com
linkedin.com/in/mirandamapengqian
euclidtransactional.com
Miranda Ma
Managing Director Euclid Transactional
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Bio
Milestones
2004–2009
2009–2011
2011–2016
2016–2021
Present
Audit Supervisor at EY
2004–2009
Finance Manager at Prudential
2009– 2011
Finance Director, Asia Pacific Commercial Lines and Global Financial Lines at AIG
2011–2016
Senior Underwriter, M&A at AIG
2016–2021
Managing Director at Euclid Transactional since 2021
Present
Milestones
Milestones
Sept 2021
Feb 2022
Apr 2022
Jul 2022
Aug
2022
Suncorp Bank introduces Solar Home Bonus offer for customers who are choosing renewable energy for their homes
Sept 2021
Month-on-month market share growth commences
Feb 2022
Suncorp Bank wins the Canstar award for most outstanding value in investment loans
Apr 2022
Suncorp Bank wins Money Magazine’s Bank of the Year and Business Bank of the Year awards for the fifth year in a row
Jul 2022
Suncorp Bank’s turnaround times are the lowest they have ever been. The lender becomes Australia’s first certified carbon neutral bank for both its operation and transaction services
Aug 2022
Milestones
As a founding member of WOW! (Women. Opportunity. Winning.), an employee resource group created for all women of Ryan Specialty, Phillips Topping has long championed for women in the industry.
“It’s very important to set an example and to not only inspire but mentor other females,” she adds.
In addition to her sharp marketing eye, the key to Phillips Topping’s success lies in her high-energy approach and positive attitude.
“As the leader of a team, it’s important to motivate and encourage your team members. People work very hard and do their best and it’s important to recognize these efforts. For my career overall, my attitude has been one of curiosity. The more you can learn, the better you’ll understand the business, and then the deeper your knowledge will become, making you a better team member.”
Chief underwriting officer of executive risk at Chubb
President of financial insurance solutions at Kemper
Chief underwriting officer at Axis Capital
CEO of global Insurance at Endurance
CEO of global Insurance at Sompo International
A significant part of his focus today is staying ahead of regulatory change while maintaining a seamless client experience. He tracks updates from regulators and lenders closely and works with his teams to adjust systems as needed.
“My approach to my role and my career has always been rooted in passion, focus, and a relentless pursuit of excellence,” he says. “I’ve never been driven solely by profit or business metrics. I believe in hiring great talent, trusting them, and pushing boundaries because innovation doesn’t come from playing it safe.”
His experience isn’t limited to Canada. Ibrahim has worked in the US and UAE, which shaped his global perspective and comfort with adapting to different markets. He thrives on risk, viewing setbacks as stepping stones to progress.
“I’ve always believed that if you love what you do, you’ll never settle, and that attitude has guided every decision I’ve made,” he adds.
That outlook continues to guide his work and reflects his broader goal of helping move the industry forward. Through his brokerage, lending company, and legal services, Ibrahim is focused on creating long-term value for his clients, his teams, and others working in the field.