Euclid Design Underwriters

What Euclid Design Underwriters does

Euclid Design Underwriters (EDU) is a managing general agency (MGA) that underwrites professional liability (errors and omissions) insurance exclusively for architects, engineers, and related design professionals. Formed on April 1, 2019, as a subsidiary of Euclid Insurance Services, Inc., the firm operates from New York City (1177 Avenue of the Americas) and Pleasantville, NY, and serves design firms with annual gross revenues ranging from $25,000 to $50 million. The product suite consists of two core insurance offerings: primary professional liability coverage on admitted paper and excess follow-form coverage on surplus lines with a $2 million minimum attachment point, both backed by Westfield Specialty on A.M. Best-rated A+XV paper. EDU also offers risk management services, including contract review delivered in partnership with ConstructionRisk, and complements its coverage with add-ons such as first-party cyber, rectification expense, contingent pollution, and various expense reimbursements.

The business model is commission-based MGA economics, with revenue generated on premiums underwritten and policies issued, billed annually with quote-based pricing that is not publicly disclosed. The go-to-market is sales-led, targeting A&E firms directly through the company website, email, phone, and PR placements. The underwriting team is small (1–10 employees company-wide) but specialized: Managing Principal Chris Ventrone previously led the A&E and Lawyers practice at Markel and began his career at HCC; Senior Underwriter David Lo Verso previously ran the OneBeacon A&E program and held a senior underwriter role at Everest Specialty; both hold the RPLU designation. The firm reports more than 30 years (and in some sources 50+ years) of combined underwriting experience. There is no external institutional investment, no disclosed M&A activity, and operations remain confined to the United States.

Name

Euclid Design Underwriters

Legal name

Euclid Design Underwriters, LLC

Website

https://euclid-du.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Euclid Design Underwriters is a managing general agency underwriting professional liability insurance exclusively for architects and engineers. Founded in 2019 as a subsidiary of Euclid Insurance Services, the firm offers primary and excess coverage backed by Westfield Specialty, serving small and mid-market A&E firms across the United States.

Ownership category

akta.pro rank

Product category

Specialty Professional Liability Insurance (Architects & Engineers)

NAICS

Other Insurance Related Activities (52429), Direct Property and Casualty Insurance Carriers (524126)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Professional Umbrella / Excess (E&O/D&O Wrap) (FSAJANAH)

akta.pro secondary industry

Commercial Excess Liability (Large Accounts) (FSAJANAG)

Keywords

• Professional liability insurance
• Architects engineers coverage
• Errors omissions insurance
• Managing general agency
• Design firm underwriting

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Professional Liability Insurance Premiums: The company earns revenue by underwriting professional liability (errors and omissions) insurance policies for architects and engineers. Premiums are collected for primary and excess coverage, with policy limits ranging from $250,000 minimum up to higher amounts as required by firm contracts.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Euclid Design Underwriters is a managing general agency that underwrites and administers professional liability (errors and omissions) insurance for architects, engineers, and other design professionals. Its core offerings are Primary Professional Liability Coverage and Excess Professional Liability Coverage for design firms, supported by Risk Management Services such as contract review. All policies are issued on A.M. Best A+XV paper from carrier partner Westfield Specialty, sold directly to A&E firms with annual gross revenues from $25,000 to $50,000,000.

Product overview

Euclid Design Underwriters is a managing general agency specializing in professional liability coverage for architects and engineers. The company offers a suite of two core insurance products: Primary Professional Liability Coverage for design firms with revenues up to $50 million, and Excess Professional Liability Coverage as a follow-form surplus lines policy. Both products are backed by A.M. Best-rated A+ carrier Westfield Specialty. The company also provides Risk Management Services including contract review and risk consulting for design professionals. With over 50 years of combined underwriting experience, the firm serves architects, engineers, interior designers, landscape architects, and various engineering disciplines through admitted and surplus lines products.

Differentiator

Problem solved

Functional benefit

Products and services

• Architects & Engineers Primary Professional Liability Coverage Primary professional liability (errors and omissions) coverage for architecture and engineering design firms with annual gross revenues from $25,000 to $50,000,000, covering architects, interior designers, landscape architects, land planners, civil engineers, land surveyors, electrical, mechanical, HVAC, and structural engineers. Policy features include no hammer clause, no asbestos/mold exclusion, rectification expense coverage, contingent pollution coverage, first-party cyber coverage, ADA/FFHA/OSHA coverage ($50,000), crisis management expense ($15,000 per event / $45,000 aggregate), disciplinary proceedings reimbursement ($30,000), and defendant reimbursement ($500 per day). Limits start at $250,000/$250,000 minimum each claim/annual aggregate and deductibles start at $2,500 minimum, with First Dollar Defense and Defense Outside the Limit available for most firms.
• Architects & Engineers Excess Professional Liability Coverage Traditional follow-form excess professional liability policy for architects and engineers offered on a surplus lines basis with a minimum attachment point of $2 million. Full primary submission and primary coverage language are required for underwriting, and the product layers above primary limits for larger firms requiring higher coverage.
• Risk Management Services Risk management services for architects, engineers, and other design professionals, including contract review with recommendations for contract changes intended to reduce risk. Specialists provide support covering both public and private sectors and projects of varying sizes.

Quantifiable outcome

• Coverage backed by A.M. Best-rated A+XV paper carrier with over $4.4 billion in written premium

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• ConstructionRiskminorStrategic or Co-development PartnerConstructionRisk provides risk management services including contract review for design professionals. Located at 7726 Bridle Path Ln, McLean, VA 22102, they work with Euclid Design Underwriters to provide additional risk management support for architects and engineers clients.

Scale indicators3 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• OneBeacon Insurance Group (A&E Practice): OneBeacon (now part of Intact) historically ran a dedicated Architects and Engineers professional liability program led by Euclid's Senior Underwriter. Highly comparable A&E specialty underwriting platform with admitted and surplus lines offerings.
• AXA XL Design Professional Liability: AXA XL offers a dedicated Design Professional practice covering architects, engineers, and related consultants with primary and excess capacity. Direct competitor to Euclid in the A&E E&O space, with materially greater capacity.
• Victor O. Schinnerer & Company (Schinnerer): One of the largest and most established MGAs/program administrators for architects and engineers professional liability in the U.S. Directly comparable to Euclid in target market (design firms), product (E&O primary and excess), and distribution model (broker channel with carrier backing).
• Beazley Design Professionals E&O: Beazley underwrites architects and engineers professional liability on a primary and excess basis, serving many of the same design firm segments as Euclid. Direct peer in specialty professional liability with a strong broker distribution footprint.
• DPIC Companies (Design Professionals Insurance Company): DPIC is a long-standing specialty carrier/MGA focused exclusively on design professional liability for architects and engineers. Closest analog to Euclid in product specialization, with significantly longer operating history and larger book.
• Markel A&E Professional Liability: Markel's Architects & Engineers and Lawyers Professional Liability group (formerly led by Euclid's Managing Principal) underwrites primary and excess E&O for design firms. Direct overlap in product, customer, and underwriting approach, and a major competitor for Euclid's target accounts.

Broad incumbents

• CNA Design Professionals E&O: CNA provides professional liability and umbrella coverage for design professionals within a broader commercial P&C portfolio. Larger incumbent with overlapping A&E E&O offerings, competing for the same design firm accounts as Euclid.
• Liberty Mutual Design Professional Liability: Liberty Mutual offers professional liability for architects and engineers as part of its broad commercial insurance portfolio. Broad incumbent that competes in the same A&E E&O market with significantly greater distribution and capacity.

Others

• Westfield Specialty Insurance: Westfield Specialty is Euclid Design Underwriters' exclusive carrier partner and risk-bearing entity, providing the A+XV paper behind every Euclid policy. Included as a key ecosystem/partner rather than a competitor, since it ultimately controls Euclid's capacity and product economics.

Emerging players

• Hiscox Professional Liability: Hiscox is a specialty insurer with a growing professional liability practice that includes design professionals. Smaller specialty competitor with digital distribution strengths, often competing for mid-market A&E accounts.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Euclid Design Underwriters