Premium income at Euclidean Underwriting has rocketed this year by 400%, compared to its first trading year, 1998.
Chairman, James Truscott, said the syndicate will return a profit for the 1998 account of 0-5%.
Euclidean, part of Euclidean Group, has expanded its stamp capacity from £20m in premium income in 1998, to £80m today. It hopes to increase stamp capacity to £125m in 2001.
The growth follows Euclidean's change from a niche sector underwriter – covering, for example, kidnap and ransom, caravan and fine art – into a speciality composite insurer currently writing 92 classes of insurance.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
