David Souders is a Commercial Insurance Broker at Todd Associates, Inc., located in Beachwood Ohio. David and his team and his team provide risk management consulting and insurance brokerage services for professional service providers in industries related to finance, law and technology. David’s background includes the development of niche specific E&O/D&O insurance solutions for new and emerging industries with unique exposures to regulatory/litigation risk.
One of David’s areas of expertise lies in the design and placement of insurance products for members of the EB-5 community. In 2010, David and his team were introduced to the world of EB-5 and quickly found that many in the industry carried insurance products which were improperly underwritten/structured. After educating his underwriters on what makes one Regional Center's risk profile more or less risky than another, David was able to secure terms for over 20 Regional Center operators, including some of the largest and most respected in the business. In 2011, David joined IIUSA and a year later was invited to serve as a member of the Best Practices Committee on which he still serves. In 2015, David was elected to IIUSA’s Board of Directors. A graduate of John Carroll University’s School of Business, David has been with Cleveland-based Todd Associates since 2005.