Specialty insurance broker One80 Intermediaries, headquartered in Boston, has acquired the assets of Enviant from Euclid Program Managers.
Enviant is based in Houston, Texas, and focused exclusively on providing a comprehensive suite of environmental products and services to a range of commercial clients.
Since 2016, Enviant has been part of the Euclid Program Managers group of MGA companies and provides environmental casualty, site pollution, contractor’s pollution and professional insurance.
Matthew F. Power, President, One80 Intermediaries, commented, “One80 has historically offered insurance programs for oil and gas service providers, architects and engineers, and construction and design contractors. Coverages include general, professional, excess professional, pollution, contractor’s pollution, and excess liability. We are thrilled to add Enviant’s team of experts to One80’s robust environmental platform.”
Kenneth Cornell, Managing Director, One80 Intermediaries, added, “Enviant has very much enjoyed our collaboration with Euclid Program Managers. Our partnership has served as a foundation for lasting success.”
Marilyn Hattier, Managing Director, One80 Intermediaries, concluded, “A seamless delivery of integrated solutions is the central tenet of Enviant’s philosophy. We are confident that joining the One80 family will enable us to deliver market-leading environmental solutions at scale.”
Marsh, Berry & Company was the exclusive financial advisor to Enviant. The terms of the deal were not disclosed.
