M&A

Euclid Insurance Services, Inc. Forms New Design Professional Underwriting Operation



The new operation represents another step in Euclid’s overall plan for program growth and expansion, I am so pleased to add Chris and Dave to the Euclid platform. The knowledge and expertise they bring to this class match perfectly with the high standards of our other program companies.



ITASCA, Ill. and NEW YORK, New York (PRWEB)
April 01, 2019

Euclid Insurance Services, Inc. (“Euclid”), today announced that it has formed Euclid Design Underwriters, LLC (“Euclid Design”), a professional liability program administrator focused on Architects and Engineers. Chris Ventrone will lead the new operation and will work with Dave Lo Verso, both of whom are equity partners in the new firm. Euclid Design will partner with Nationwide®. The Euclid Design team members are highly regarded as leaders in the design professional space.

John N. Colis, President and CEO of Euclid commented, “Chris and Dave bring a wealth of talent to this new venture. Their underwriting skills are well tested and they have extensive distribution relationships in the field. We look forward to them building on the long-term presence Euclid has had in this space.”

Chris Ventrone, Managing Principal of Euclid Design noted, “We are very excited to work for an entrepreneurial company which is allowing us to be equity partners in this exciting venture”.

“The new operation represents another step in Euclid’s overall plan for program growth and expansion,” added Mr. Colis. “I am so pleased to add Chris and Dave to the Euclid platform. The knowledge and expertise they bring to this class match perfectly with the high standards of our other program companies.”

Underwriting inquiries for Euclid Design can be directed to Chris Ventrone at cventrone@euclid-du.com or Dave Lo Verso at dloverso@euclid-du.com.

About Euclid Insurance Services, Inc.

Founded in 1952, Euclid Insurance Services, Inc. is a program administrator for specialty property/casualty insurance programs operating under the names Euclid Public Sector Underwriters, LLC, Euclid Specialty Managers, LLC, Euclid Executive Liability Managers, LLC, Euclid Transactional, LLC, Euclid Enviant, LLC, Euclid Design Underwriters, LLC and Euclid Financial Institution Underwriters, LLC and functions as a general agency distributing employee benefit and life products, under the name Euclid Managers. For more information about Euclid, visit http://www.euclidprograms.com.

About Nationwide®

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s.

Nationwide, Nationwide is on your side and the Nationwide N and Eagle are service marks of Nationwide Mutual Insurance Company. © 2019 Nationwide.


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Prakash Poojary
Business Analyst

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