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
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