Announced
Completed
Financials
Sources
Tags
Majority
Completed
Private
Domestic
Acquisition
Single Bidder
Full Line Insurance
insurtech
employee benefits
United States
Friendly
Synopsis
Specialty Program Group, a wholesaler offering best in class insurance underwriting facilities and specialty business services provider, completed the acquisition of Euclid Fiduciary, a underwriting and claims provider, from Euclid Insurance Services, an insurance services provider. Financial terms were not disclosed. "Dan literally wrote the book on fiduciary liability insurance and he and his team are well known as thought leaders in the fiduciary market. Their model of deep specialty expertise and autonomy aligns perfectly with our business strategy and we welcome them to the SPG family of companies," Chris Treanor, SPG President & CEO.
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