Within the Euclid organization are a number of program managers who underwrite specialty property casualty business. Most of these operations are separate corporations that are jointly owned by Euclid and the insurance professionals that run the business.
Under this unique model, Euclid partners with best-in-class underwriters who invest their money and talent and become equity owners in their own program. Euclid will take them to market to find an insurance carrier and will assist in negotiating a program administrator agreement. Euclid then wraps its well-oiled administrative services – accounting, information technology, human resource services – around the company, allowing the owner underwriter to run his or her company with focus and efficiency.