Itasca, IL and New York, NY– August 19, 2019 – Euclid Insurance Services, Inc. (“Euclid”), today announced that it has formed Euclid Life Science Specialty, LLC (“Euclid Life Science”), a product and professional liability insurance underwriting platform, providing tailored casualty coverage solutions to the life sciences industry. Ryann Elliott joins Euclid Life Science Specialty as an equity partner and Managing Principal. Ryann is an industry leader in the life science underwriting space most recently serving as the life science segment head of a leading market carrier. She will operate the entity from the East Coast with local underwriting and servicing operations in the Midwest and West Coast. The new facility will be accepting new business in mid-September for October effective dates and will underwrite on behalf of Nationwide E&S/Specialty. Nationwide E&S/Specialty brings the support and financial strength to the operation. Euclid Life Science Specialty brings the deep expertise for underwriting…
We are so proud and excited to announce the dedication of the Uwamahoro family’s new home on January 14, which is our most recently completed Fox Valley Habitat for Humanity house. At Euclid, we are committed to helping our local community. Through our partnership with Fox Valley Habitat for Humanity, we see the real difference that we can make in people’s lives, and the Uwamahoros are no exception. Originally from Eastern Africa, Theo and Odette Uwamahoro have worked hard to make America their home by participating in our 26-hour financial training course; Financial Peace University, and working on job sites to complete Sweat Equity Hours. The family of four values the significance of community and believes in treating their neighbors like an extended family. Everyone is invited to help us celebrate this deserving family and welcome the Uwamahoros to their new home, where we are sure they will continue to…
Euclid Public Sector and Euclid Specialty Managers were proud to sponsor PRIMA's 2017 Annual Conference 5k Fun Run & Walk. We had a fun, enthusiastic and energetic group turn out for the event. Check out the pictures or race results from the Fun Run in beautiful Margaret T. Hance Park in Phoenix, AZ. With your support, we were able to raise over $1,000 for the Sojourner Center, a domestic violence service organization in Phoenix that provides more than 10,000 individuals per year with emergency shelter, transitional housing and healthcare. We look forward to seeing you in Indianapolis next year at the PRIMA 2018 Annual Conference. Please contact our team of product experts if we can assist you in any way. Chris Golonka and Jim Marquis Euclid Public Sector, LLC Primary, Alternative Risk and Excess Follow form insurance and reinsurance program for the public sector. 630.981.7622 cgolonka@euclidps.com jmarquis@euclidps.com Daniel Aronowitz and…
Itasca, IL – Euclid Public Sector today announced a change in the issuing carrier for its primary public sector business. Beginning May 1, 2017, they will be writing on behalf of Hudson Insurance Group, whose companies are rated A (Excellent) by A.M. Best, Financial Size Category XV. Euclid already underwrites its Public Sector Alternative Risk insurance and reinsurance business on behalf of Hudson. The change announced today means all Public Sector offerings for Euclid will now be written on Hudson paper. Euclid Public Sector Underwriters is a program administrator specializing in primary property, casualty and professional liability products for the public sector. Under its new facility, Euclid will continue to offer property, inland marine, crime, general liability, auto liability and physical damage, public officials, school board legal, employment practices, law enforcement liability, emergency dispatchers and firefighters liability for the public sector, including cities, counties, townships, boroughs, special districts, non-rail transit…
For Immediate Release Target Markets Program Administrators Association Wilmington, DE October 2016 The Target Markets Program Administrators Association (TMPAA) awarded three of its member agencies—Business Risk Partners, Euclid Program Managers and Innovative Coverage Concepts—the Association’s Best Practice Designation at their recent 16th Annual Summit in Scottsdale, AZ. Heidi Strommen, TMPAA President and President of ProHost USA stated, “The 2016 Summit theme of Expect Excellence is a perfect backdrop to celebrate the achievements of our members who function at the highest levels, demonstrating expertise in all phases of Program Administration. We are pleased to recognize Business Risk Partners, Euclid Program Managers and Innovative Coverage Concepts as our newest Best Practice Designation recipients.” “We at Innovative Coverage Concepts are proud to receive this prestigious designation from Target Markets. It recognizes our efforts and commitment to maintaining the highest professional standards in conducting program business,” said ICC President Dean Carras. “Emerging from TMPAA’s…
Itasca, IL and New York, NY–April 20, 2016 – Euclid Insurance Services, Inc. (“Euclid”), today announced that it has formed Euclid Transactional, LLC (“Euclid Transactional”), a transactional insurance underwriting platform, to expand its capabilities to provide representations & warranties, tax liability, contingent liability and other transactional insurance coverages. Jay Rittberg, Phillip Casper and Albert Song have joined Euclid Transactional as equity partners, and they will lead the new operation out of New York, NY. The Euclid Transactional team members are highly regarded thought leaders in the transactional insurance space. John N. Colis, President and CEO of Euclid commented, "The use of transactional insurance has increased significantly over the past few years and we are excited to expand our transaction-related offerings to our insurer partners and clients through this new, unique underwriting facility. The team, collectively, has more than 30 years of experience working on M&A transactions and has demonstrated the…
Euclid Program Managers, the holding company for the Euclid family of program administrators has launched a new website – euclidprograms.com. This new website serves as a hub for all the Euclid underwriting companies, allowing its broker partners an overview of Euclid’s products and services. Our theme is “Managing Excellence” and is manifested in our growing family of successful insurance program managers built on a platform of excellence. A Unique Platform - Our Partner Model On a selective basis, Euclid provides a highly efficient platform for underwriter entrepreneurs to partner and build their own underwriting company. Underwriters – the Managing Principals - become equity partners with Euclid in the formation of a new underwriting company. Euclid helps them develop their business plan and takes them out to market to secure insurance company paper. After helping to negotiate the program administrator agreement with the insurance company, Euclid then wraps its administrative services…
