In today’s competitive insurance marketplace, service is still one of the most valuable components. In addition to our broad coverage, Euclid A&E provides Contact Review and Risk Management services as a value-added benefit to all our Architects and Engineers Professional Liability policy holders. OmniSure is an established premier provider of Contract Review and Risk Management services to the design professional community. In addition to this valuable Contract Review service, Euclid A&E continues to provide a broad spectrum of coverage options on an “Admitted” basis. Program Highlights: Waiver of Subrogation Endorsement available for no additional premium No Hammer Clause No Punitive Damages Exclusion ADA/FFHA/OSHA Supplemental Payments Extended Reporting Periods from 12 months to Unlimited pre-priced in our policy form Specific Project/Client Excess Limits of Liability Excess Limits of Liability 2-year policy term available to qualifying firms 24/7 Claim Reporting Services Optional Defense Outside the Limits of Liability First Dollar Defense Limit…
Enviant Managing Principal Ken Cornell to present on the upcoming webcast: Environmental Risk Management: Principles and Applications Wednesday, June 21, 2017 3:00 pm – 5:00 pm (EST) Registration is FREE courtesy of Enviant. Please enter discount code "ENVIANT0621" to avail the free registration. CLICK TO REGISTER For more event information, please feel free to click this link: Environmental Risk Management: Principles and Applications Webcast Ken Cornell Bio Ken Cornell is Managing Principal of Enviant, a Division of Euclid Environmental Underwriters, LLC. Ken, along with a team of industry veterans, launched Enviant in March of 2016, building a team of underwriting, claims and legal professionals to deliver a diverse portfolio of environmental insurance products and services. He began his career with AIG in 1985, rising from an entry level underwriting position to Executive Vice President of AIG Environmental, ultimately managing a $1B environmental insurance portfolio and team of over 150 underwriters…
Are your governmental benefit plan clients protected by fiduciary liability insurance? Euclid Specialty has published an article featured in PRIMA’s Public Risk Magazine - Governmental Fiduciary Liability Insurance: Protecting Trustees – detailing the risks and fiduciary exposures of Trustees faced with personal liability. While serving on governmental plan boards, many trustees falsely believe sovereign immunity and statutory indemnification provisions provide foolproof protection. As the article explains, the best and only reliable way to protect against personal liability is through the purchase of fiduciary liability insurance. Link to Full Article The article reviews: Why governmental trustees have fiduciary exposure despite not being subject to ERISA The limits of governmental indemnification, including sovereign immunity and statutory indemnification provisions which, unlike ERISA, are not uniform and vary from state to state Increase in claims against governmental plans Key features of governmental fiduciary liability insurance The need for trustees to purchase fiduciary liability insurance…
Was Your Account Recently Non-Renewed? Your Account Has Been Non-renewed. In this uncertain market there have been too many carriers that are “in one minute and out the next." At Euclid Exec we pride ourselves on our ability to remain consistent during volatile times. Our underwriting philosophy is geared towards writing hard-to-place risks and we welcome that challenge. Instead of worrying about which markets you need to approach and scrambling for last minute responses from inexperienced underwriters let us help you manage the risk. The next time one of your carriers sends a letter with the words “change in underwriting guidelines” think about Euclid Exec because we make the simple things easy and the difficult things easier. Euclid Exec Now Offering Enhanced Coverage On Excess Liability Form Continuing our focus on the challenges our customers face in today’s marketplace, we are proud to announce our latest enhancement to our Parallel…
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
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…
