About Us

Euclid Security

Euclid Security Programs LLC is a boutique managing general underwriter specializing in Security Industry risks.

Euclid Security is owned and operated by a seasoned team of underwriters who are dedicated to providing best-in-class service and expedited deal execution.

39+ years of insurance industry experience

20+ years in the security insurance niche

Euclid Security Programs LLC is a proud member of the Euclid Program Managers family.

Learn More Below >

Ed LaFramboise

Ed LaFramboise

Managing Principal

Office +1.630.238.2707
Mobile +1.248.756.0989
email [email protected]

Ed LaFramboise is a senior underwriting, risk management, operations, and finance executive with expertise in corporate and business unit leadership. Ed has over 22 years of experience in the property and casualty insurance industry with a focus on specialty and E&S business.

Ed began his insurance career in public accounting, auditing insurance companies. Ed has served in several senior management roles at US-based specialty insurance companies. Prior to forming Euclid Security, Ed was a founding member and President of a midsized US-based MGA which managed four niche E&S casualty programs, one of which was dedicated to the Security industry.

Larissa Gallagher

Larissa Gallagher


Office +1.630.238.2757
Mobile +1.630.219.8771
email [email protected]

Larissa Gallagher has 17 years’ experience in the insurance industry, split between property brokerage and casualty underwriting.

Larissa began her insurance career in London, broking property placements for complex, middle market and Fortune 100 companies to Lloyd’s of London syndicates, and London and European company markets acting as a wholesale broker. In 2010, Larissa transferred to the US and began placing property programs as a retail broker, working with insurers and wholesale brokers in the US, London, Asia and Bermuda.

Larissa also served as the program manager of a Security Program for a US-based MGA writing General Liability/Errors & Omissions, Excess Liability, and Worker’s Compensation lines of business for various Security industry risks including guard, investigative, alarm, and fire suppression risks.

Euclid Program Managers

Though we are considered pioneers in the industry for creating an MGA platform, the Euclid story spans a much richer heritage.

Euclid Insurance Services, Inc., began as a retail insurance agency selling all types of property, casualty, health, and life products. Founded in 1952 by Peter Colis, the son of Greek immigrants who settled in Chicago in search of a better life, the firm remains family-owned today.

Euclid continued under the leadership of Peter’s son John, who joined the firm in 1992. Prior to joining the company, John first built a 10-year career in the corporate insurance world, learning the reinsurance and program insurance business.

Over the next 20 years, Euclid built its program administrator business into an industry leading platform for launching new MGAs. In 2022, Euclid was awarded the Platform of the Year award by The Insurer publication. As part of this evolution, the original retail insurance agency – which had grown to become one of the larger retail insurance brokers in the Chicago market – was sold in 2012.

Since our founding, Euclid has grown and changed in many ways; however, our original commitment to excellence remains fully in place. Today, we continue to live up to those values by creating premier underwriting companies by partnering with best-in-class insurance professionals.

Launched in 2022, Euclid Security Programs LLC is proudly, jointly owned by Ed LaFramboise, Larissa Gallagher, and Euclid.