Euclid Fiduciary is pleased to announce that the company is now rebranded as Encore Fiduciary. This initiative follows the 2022 sale of our underwriting company to Specialty Program Group (SPG), a strategic platform of best-in-class underwriting companies that provide specialty insurance solutions like our fiduciary insurance program. It represents a strategic milestone in our underwriting company’s efforts to provide best-in-class underwriting, risk management, and unique thought leadership to our brokers and policyholders.
With the support of SPG, Encore is poised to expand its market-leading fiduciary insurance capabilities, attract new underwriting talent, and expand into other management and professional liability insurance products.
While our name has changed, what has not changed is our goal to serve as America’s expert choice for fiduciary insurance and other professional liability insurance products to protect plan sponsors. We have the same expert underwriters and claims professionals to serve our brokers and policyholders. And we are offering the same A+ Superior rated insurance company to back our top-rated fiduciary insurance policies. The rebranding allows us to attract additional underwriting and claims talent to serve our brokers and policyholders. We also will now have the ability to expand into additional management liability and investment advisor insurance products beyond our traditional fiduciary focus.
With these changes, Encore Fiduciary, supported by SPG, is set to redefine the standards of fiduciary and management liability insurance.
We will continue to provide the best possible fiduciary insurance protection for plan sponsors that is grounded in fiduciary expertise and experience. We renew our commitment to offer our unique brand of fiduciary thought leadership, and will continue as steadfast advocates for the plan sponsor community. Our partnership with Specialty Program Group will enable us to enhance our fiduciary insurance offerings with SPG’s top-notch actuarial and data science services, as well as access to technology and modernized systems to improve our underwriting processes and responsiveness to our brokers and policyholders.
Thank you for your continued trust and support of the Encore Fiduciary team.
We changed our name because of the sale to SPG’s strategic underwriting platform. The name Encore represents that our second act will be even better than our first.
Yes, all our staff’s email addresses will transition from @euclidfiduciary.com and @euclidspecialty.com to @encorefiduciary.com soon. Please ensure uninterrupted communication by asking your IT team to whitelist our new email domain. All current emails for our Euclid Fiduciary team, including our general submission box (mail@euclidfiduciary.com) and our claims address (professionalclaims@euclidfiduciary.com), will continue to function and be automatically redirected to the appropriate staff members.
Yes, our website has been updated to reflect our new identity. Our new website is encorefiduciary.com. Note that links to current renewal applications will continue to work as we transition to new Encore branded applications which are already available on the website. encorefiduciary.com.
Yes, we will be updating our social media accounts. Our new addresses are:
LinkedIn: linkedin.com/company/euclid-fiduciary
Facebook: facebook.com/p/Euclid-Fiduciary-100067065380378
We have the same experienced underwriting and claims professionals. And we are still offering our fiduciary program from the same A+/Superior-rated insurance carrier. We will continue to provide the best possible fiduciary insurance protection for plan sponsors that is grounded in fiduciary expertise and experience. We renew our commitment to offer our unique brand of fiduciary thought leadership, and will continue as steadfast advocates for the plan sponsor community.
The rebranding allows us to attract additional underwriting and claims talent to serve our brokers and policyholders. We also will now have the ability to expand into additional management liability and investment advisor insurance products beyond our traditional fiduciary focus.
The only change will be the logo on invoices issued with each binder which will be updated to Encore Fiduciary. All payments will continue using current wire and payment instructions indicated on individual account invoices.
Our name change is a transition process. For accounting, we are still using Euclid Insurance Services to handle our premium billing and collections. That will change to Specialty Program Group LLC doing business as Encore Fiduciary in the near future. So, no accounting changes for now. We will send a separate note to brokers when the accounting name changes.
No. We do not need to change agreements at this time. We will be conducting an outreach in the first quarter to update agreements.
We’ve put our fiduciary experience and expertise on paper and online in the “Fiduciary Liability Insurance Handbook,” for you to download and gain insight into why it is so critical that coverage is designed to fit an employer’s or entity’s benefit plan. Obtain your complimentary copy here.
Encore Fiduciary, division of Specialty Program Group LLC. Doing business in California as SPG Insurance Solutions License No. 0L09546.
© 2024 Encore Fiduciary. All Rights Reserved.
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