EUCLID FINANCIAL ANNOUNCES THE ADDITION OF AMTRUST FINANCIAL SERVICES, INC. TO ITS PLATFORM
(November 2020) Euclid Financial Institution Underwriters, LLC (Euclid Financial) is pleased to announce the addition of AmTrust Financial Services, Inc. as a carrier partner to its underwriting platform effective November 11th, 2020. AmTrust will take a 45% participation of the platform on a co-certification basis, while Euclid Financial’s existing carrier partner, RenaissanceRe’s Lloyd’s Syndicate 1458 will maintain a 55% participation.
“We are very excited to expand our carrier lineup with the addition of AmTrust to our platform. We look forward to working with the AmTrust management team and growing our professional lines book of business. We are also fortunate to be able to continue our strong relationship with RenaissanceRe, who has supported us since our inception in 2015” said Dave McDonald, Managing Principal at Euclid Financial.
The carrier change does not impact policies that were bound prior to November 11th, 2020.
Any questions regarding the new carrier structure can be directed to:
Dave McDonald: [email protected] (508)-545-4029
Jim Thomas: [email protected] (508)-545-4028
About Euclid Financial:
Euclid Financial is a managing general agency specializing in the underwriting of management liability products for financial institution risks. The 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.