EUCLID FINANCIAL ANNOUNCES UNDERWRITING EXPANSION INTO COMMERCIAL RISKS

Framingham, MA (February 21, 2023) - Euclid Financial is pleased to announce an expansion of its underwriting capabilities to commercial accounts effective today.  The underwriting platform will now offer Directors & Officers Liability, Employment Practices Liability and Fiduciary Liability for public and privately-owned commercial risks in addition to its existing suite of management liability products for financial institutions. 

“This is a meaningful next step in the continued growth of our underwriting platform” stated Dave McDonald, Co-Founder and Managing Principal.  “It’s a natural complement to our current product suite for financial institutions, and capitalizes on our staff’s significant underwriting experience in the commercial sector.” 

Euclid Financial’s existing carrier partner structure will be utilized on the commercial business:  RenaissanceRe’s Lloyd’s Syndicate 1458 (55%) and AmTrust North America (45%).

The platform’s D&O product lines include primary, excess follow-form and Side-A DIC. The existing D&O, EPL and Fiduciary Liability policy forms and applications are all applicable for commercial accounts, and can be accessed in Euclid Financial’s website:  https://euclidfinancial.com/products/

The following individuals can be contacted for additional information:

Dave McDonald                 dmcdonald@euclidfinancial.com

Jim Thomas                        jthomas@euclidfinancial.com

Sean Brennan                    sbrennan@euclidfinancial.com

Eric Levine (Claims)            elevine@euclidfinancial.com

Submissions can be sent directly to Dave, Jim and Sean, or to the submission mailbox: mail@euclidfinancial.com

About Euclid Financial

Euclid Financial is a managing general agency specializing in the underwriting of management liability products for financial institution and commercial risks. Euclid Financial is owned and operated by experienced management liability underwriters.  The platform’s product suite consists of Directors & Officers Liability, Errors & Omissions, Employment Practices Liability and Fiduciary Liability.  Risks are underwritten on a primary, excess follow-form and side-A DIC basis.  The firm was founded in 2015, with offices currently in Framingham, MA and Westfield, NJ.

https://euclidfinancial.com/

Euclid Program Managers is a family of insurance program administration companies run by best-in-class underwriters who are experts in specialty niches and personally invested to deliver excellent service to our broker partners.
To learn more visit website www.euclidprograms.com or view our company contacts below.