Novacore, an independent specialty insurance provider, has added Euclid Design Underwriters, LLC to its Professional Underwriters Agency (PUA) programme.
Euclid Design Underwriters is a specialised managing general agent focused on errors and omissions (E&O) coverage for architects, engineers, and design professionals.
The addition expands PUA’s capabilities in architects and engineers (A&E) professional liability.
Euclid Design’s team and capabilities will become part of PUA, enhancing its ability to deliver tailored solutions and expanded market access to agents and insureds nationwide. The Euclid Design brand will be integrated into PUA, creating a broader and more comprehensive offering for the design professional market.
This move reflects Novacore’s continued strategy of investing in specialised underwriting talent, expanding high-performing programmes, and building expertise across targeted specialty insurance sectors. Novacore now offers a broader suite of professional liability solutions backed by decades of underwriting experience and strong carrier partnerships.
MarshBerry served as exclusive financial advisor to Euclid Design Underwriters on the transaction.
Aaron Miller, Chief Executive Officer of Novacore, said, “Professional liability remains a core area of strategic focus for Novacore, and the addition of Euclid Design further strengthens our expertise in serving design professionals.
“The Euclid Design team has built a highly respected business with a strong underwriting culture and deep industry knowledge. This addition underscores our strategy of investing in proven specialty programs, deepening expertise within our existing portfolio and creating sustainable opportunities for profitable growth.”
Nick Colis, Chief Program Officer of Euclid Program Managers, added, “Euclid Design represents exactly the kind of specialised, high-caliber underwriting operation that defines excellence in the professional liability space. Chris and David have built something truly lasting: a respected brand, a loyal broker network, and a team that sets the standard for A&E expertise. We couldn’t be more confident that Novacore is the right home to carry that legacy forward.”
