Euclid Program Managers is pleased to announce that Euclid Exec has been acquired by the AmTrust family of companies.
The Euclid Exec team, led by Principals and Co-Founders Jim Seymour and Paul Bunone and supported by Euclid Program Managers, has successfully worked with AmTrust for eight years placing coverage for D&O and other management liability risks. Transitioning the business under AmTrust is a natural step in the program’s evolution and development, opening the way for continued growth and success.
“AmTrust has been a wonderful partner for Euclid Exec since its founding in 2012. I am delighted that Jim and Paul, and their team will now be formally part of this growing and dynamic company” said John Colis, President and CEO of Euclid Program Managers.
“Euclid Exec and Euclid Program Managers, have been great partners for AmTrust over the last eight years and we look forward to adding Euclid Exec’s capabilities to AmTrust,” said Barry Zyskind, Chairman and CEO of AmTrust. “The addition of the Euclid Exec team will provide AmTrust’s customers with additional resources and expertise to address evolving management liability risks.”
“AmTrust has been a great partner for us as we built a profitable book of Management Liability business in a challenging market. We are excited to join the Company and work directly with their outstanding management team” said Jim Seymour, Principal and Co-Founder of Euclid Exec. “AmTrust’s resources will allow us to fully capitalize on the current conditions in the management liability marketplace and meet the needs of our key trading partners.”
About Euclid Program Managers
Euclid Program Managers is a holding company of program administrators for specialty property/casualty insurance lines of business. The Euclid companies include Euclid Public Sector, Euclid Specialty Managers, Euclid Executive Liability Managers, Euclid Transactional, Euclid Enviant, Euclid Design Underwriters, Euclid Life Science Specialty and Euclid Financial Institution Underwriters. For more information, visit www.euclidprograms.com.