Join us on May 26th - 2:00 - 3:00 PM (EST) Register for our Live Webinar here. Plaintiff law firms are terrorizing plan sponsors of many of America’s largest defined contribution plans – filing class actions lawsuits against plan fiduciaries that seek tens of millions of dollars in damages and attorney fees for purportedly breaching their fiduciary duties in overpaying recordkeepers and investment managers. Euclid Specialty’s Daniel Aronowitz will examine the recent surge in excessive fee litigation. Euclid will take a deeper dive into the complaints being filed and how courts have responded. We will raise critical questions to better analyze these cases and help plan sponsors prepare a more effective defense. Topics to be discussed include: Are the Plaintiffs right? Are the recordkeeping and investment fees of large defined contributions in America too high? What about your plan? How would a plan sponsor know if their plan’s administrative…
(March 2021) Euclid Financial Institution Underwriters, LLC (Euclid Financial) is pleased to announce the hiring of Eric Levine as Claims Director, effective March 15th. Eric will manage the process of internalizing Euclid Financial’s claims management function, where he will design and build out the platform’s claims infrastructure. Eric will be responsible for the management of claims operations of Euclid Financial, including the handling of all claims in conjunction with Euclid Financial’s carrier partners. Prior to joining Euclid Financial, Eric was in the role of Claims Counsel with Validus Specialty in New York, where he was responsible for the oversight of all claims in the Professional Liability lines of business, including Public and Private D&O, E&O, EPL, Cyber and Fidelity. Before joining Validus in 2015, Eric served as Complex Claims Manager with The Catlin Group, where he managed a claims group which handled complex claims matters in the D&O and…
(November 2020) Euclid Financial Institution Underwriters, LLC (Euclid Financial) is pleased to announce the addition of AmTrust Financial Services, Inc. as a carrier partner to its underwriting platform effective November 11th, 2020. AmTrust will take a 45% participation of the platform on a co-certification basis, while Euclid Financial’s existing carrier partner, RenaissanceRe’s Lloyd’s Syndicate 1458 will maintain a 55% participation. “We are very excited to expand our carrier lineup with the addition of AmTrust to our platform. We look forward to working with the AmTrust management team and growing our professional lines book of business. We are also fortunate to be able to continue our strong relationship with RenaissanceRe, who has supported us since our inception in 2015” said Dave McDonald, Managing Principal at Euclid Financial. The carrier change does not impact policies that were bound prior to November 11th, 2020. Any questions regarding the new carrier structure can…
Our book of business runs the full spectrum of financial institutions, from the traditional sectors such as banks, insurance companies and investment advisers, to newer areas such as crowdfunding portals and other entities in the fintech space, and to not-for-profit entities that have an F.I. component in their business model. Give Jim or Dave a call to discuss any potential management and professional liability Jim Thomas jthomas@euclidfinancial.com (508) 545-4028 Dave McDonald dmcdonald@euclidfinancial.com (508) 545-4029 www.euclidfinancial.com
All of our new business and renewal applications are now available online; to access the applications click the link below. New and Renewal applications
Euclid Financial has released a 2.0 version of our Concentric policy forms for financial institutions. The forms are now available. Download the Concentric Financial Institutions Liability Portfolio form
We are pleased to be a Platinum Sponsor at the upcoming 2017 PLUS D&O Symposium in New York on February 8th & 9th. Please contact Dave McDonald or Jim Thomas to set up individual meetings. PLEASE JOIN US: Euclid Exec, Euclid Financial, Euclid Specialty and Euclid Transactional cordially invite you to a pre-PLUS cocktail reception WHEN: TUESDAY, FEBRUARY 7, 2017 4:00 pm to 6:00 pm WHERE: RENAISSANCE NEW YORK TIMES SQUARE HOTEL VIVID LOUNGE Please RSVP by Jan 31st to Nicole Anderson at nanderson@euclidexec.com
We’ve Expanded Our Territory We are pleased to announce we now have the capability to write financial institution risks domiciled in Bermuda, the Cayman Islands, Puerto Rico and the U.S. Virgin Islands. Submissions can be sent to our submission mailbox: mail@euclidfinancial.com, or directly to: Dave McDonald: dmcdonald@euclidfinancial.com or Jim Thomas: jthomas@euclidfinancial.com
Euclid Exec and Euclid Financial are pleased to announce their joint Platinum-level sponsorship of the PLUS D&O Symposium in New York on February 3rd & 4th. Attending the conference from Euclid Exec will be Jim Seymour, Paul Bunone, and Jason Binette. Jim Thomas and Dave McDonald will be in attendance representing Euclid Financial. If you would like to schedule an appointment with underwriters at either facility, please use the e-mail link for each individual listed below. Euclid Exec Contacts: Paul Bunone 201-426-0303 | pbunone@euclidexec.com Jim Seymour 630-238-2755 | jseymour@euclidexec.com Jason Binette 860-758-4074 | jbinette@euclidexec.com Visit Euclid Exec’s website at euclidexec.com Euclid Financial Contacts: Dave McDonald 508-545-4029 | dmcdonald@euclidfnancial.com Jim Thomas 508-545-4028 | jthomas@euclidfnancial.com Visit Euclid Financial’s website at euclidfnancial.com
