Hudson Insurance Co. (Hudson) has acquired Euclid Managers LLC of Kansas City, Mo. (Euclid-KC) from Euclid Insurance Services Inc. and Euclid-KC’s management.
Euclid-KC is an underwriting and claims manager for internet, tech, media, manufacturers and miscellaneous professional liability risks.
The current managers and all employees at Euclid-KC will become a part of Hudson’s professional liability team, which operates under the leadership of James Donovan. The team will continue to operate from its office in Kansas City.
Euclid-KC will continue to operate under its name for the immediate future and will formally transition its name to Hudson Insurance Group during 2015.
Marsh, Berry & Company Inc. acted as financial advisor to Euclid in the transaction.
Source: Hudson Insurance Group
Topics Mergers & Acquisitions Kansas
Was this article valuable?
Here are more articles you may enjoy.
Zurich Insurance Profit Beats Estimates as CEO Eyes Beazley 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Palantir Decamps to Miami Co-Working Space in Surprise Move 
Jury Finds Johnson & Johnson Liable for Cancer in Latest Talc Trial 
