Exhibit 10.30
EXECUTION VERSION
COMMERCIAL RENEWAL RIGHTS AGREEMENT
This COMMERCIAL RENEWAL RIGHTS AGREEMENT dated as of September 13, 2004
(this "Agreement") is entered into among OneBeacon Insurance Group LLC
("OneBeacon Group"), each of the insurance company subsidiaries of OneBeacon
Group listed on Schedule A hereto (each a "Seller" and collectively, "Sellers"),
and Tower Group, Inc. (the "Company").
WITNESSETH:
WHEREAS, Sellers desire to cease writing the Subject Policies (as
defined below) on and after the Non-Renewal Date (as defined below), and the
Company desires that Sellers assist the Permitted Designees (as defined below)
in writing renewals of the Subject Policies, in each case subject to the terms
and conditions set forth below; and
WHEREAS, Sellers have decided to terminate the appointment of certain
of the insurance agents who produced the Subject Policies and to assist the
Permitted Designees in the appointment of certain of such agents;
NOW, THEREFORE, in consideration of the premises and mutual promises
herein made, and in consideration of the representations, warranties and
covenants herein contained, Sellers and the Company hereby agree as follows:
ARTICLE I.
DEFINITIONS
Section 1.1. Definitions. The following terms when used in this
Agreement shall have the following meanings:
"Additional Policies" has the meaning set forth in Section
3.3.
"Affiliate" means, with respect to any Person, at the time in
question, any other Person controlling, controlled by, or under common control
with such Person. As used in the foregoing sentence, the term "control"
(including, with correlative meaning, the terms "controlling," "controlled by"
and "under common control with") means the possession, direct or indirect, of
the power to direct or cause the direction of the management and policies of an
institution, whether through the ownership of voting securities, by contract or
otherwise.
"Agreement" has the meaning set forth in the introductory
paragraph.
"Business Day" means any day that is not a Saturday, Sunday or
a day on which banks in the State of New York are authorized or required to be
closed.
"Company" has the meaning set forth in the introductory
paragraph.
"Contractholders" means the holders of the Subject Policies.
"Governmental Consents" has the meaning set forth in Section
4.3.
"Governmental Entity" means any federal, state, local,
foreign, international or multinational entity or authority exercising
executive, legislative, judicial, regulatory, administrative or taxing functions
of or pertaining to government.
"Law" means any constitution, law, ordinance, rule, principle
of common law, regulation, statute, treaty, order, judgment, decree or other
requirements of any Governmental Entity.
"Minimum Amount" has the meaning set forth in Section 3.2.
"Minimum Annual Amount" has the meaning set forth in Section
3.2.
"Non-Renewal Date" has the meaning set forth in Section 2.1.
"OneBeacon Group" has the meaning set forth in the
introductory paragraph.
"Overlap Agents" means collectively those agents listed on
Schedule B hereto.
"Person" means any individual, corporation, partnership, firm,
joint venture, association, limited liability company, joint stock company,
trust, unincorporated association or organization or other entity.
"Permitted Designee" has the meaning set forth in Section 9.2.
"Scheduled Commission" has the meaning set forth in Section
3.1.
"Sellers" has the meaning set forth in the introductory
paragraph.
"Subject Policies" means the: (1) Commercial Multi-Peril; (2)
Workers' Compensation; (3) Commercial Umbrella; (4) Commercial Inland Marine;
(5) Commercial Auto; (6) Fire and Allied Lines; and (7) General Liability
(Other) policies (excluding commercial auto policies produced as part of the
AutoOne CLAD or Take-Out Program) produced by the agents listed on Schedule C
hereto with respect to risks primarily located in the State of New York and in
effect as of the Non-Renewal Date; provided, however, the Subject Policies shall
not include: (a) the policies acquired from Atlantic Mutual Insurance Company or
its affiliates as part of a renewal rights transaction that closed on March 31,
2004 and policies written by Atlantic Mutual Insurance Company or Centennial
Insurance Company and reinsured by the Sellers; (b) any "Specialty" policies of
the Sellers, which include policies written through any of the Sellers'
Specialty Operations, including International Marine Underwriters, OneBeacon
Professional Partners, Dewar Insurance Services, Agri, or OneBeacon Specialty
Property and (c) policies written by the Overlap Agents which (i) qualify for
placement with Atlantic Specialty Insurance Company as set forth on Schedule D
hereto; (ii) qualify for OnePac (the Sellers' small business package product) or
are additional policies written for OnePac policyholders in conjunction with the
issuance of policies that qualify for OnePac or (iii) are monoline inland marine
policies.
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ARTICLE II.
RENEWALS; AGENTS
Section 2.1. Cessation of Renewals. Sellers shall cease renewing the
Subject Policies effective from and after December 1, 2004 (the "Non-Renewal
Date"), except (i) to the extent required by applicable Law, (ii) to the extent
required under agency agreements with the agents listed on Schedule C hereto or
(iii) to honor quotes outstanding on such date.
Section 2.2. Renewals.
(a) Sellers shall provide to the Company, in accordance with the
time frame set forth on Schedule E, a true, complete and correct list of the
Subject Policies that are either in force on the date hereof or lapsed as of the
date hereof but subject to reinstatement as well as a list of all then still
in-force policies non-renewed during the 90 days preceding the date hereof that
would have been Subject Policies had they been in effect on the Non-Renewal
Date.
(b) In connection with the first policy anniversary of each
Subject Policy on or after the Non-Renewal Date (or, with respect to such
Subject Policies as remain in effect with a Seller subsequent to such
anniversary for the reasons set forth in Section 2.1, in connection with the
next such policy anniversary), Seller shall send to each Contractholder selected
by the Company a written notice in the form agreed by the parties, and in
compliance with all applicable Laws, notifying such Contractholder of the
non-renewal of such Subject Policy by Seller. Seller shall send a copy of such
non-renewal notice to the insurance agent appointed by such Contractholder and,
as directed by the Company, shall send a notice to such agent substantially in
the form as attached hereto as Exhibit A informing such agent of the
availability of replacement insurance from a Permitted Designee and encouraging
such agent to place such insurance with a Permitted Designee.
(c) From and after the Non-Renewal Date, in connection with any
Subject Policy with respect to which renewal rate quotes are outstanding on the
applicable anniversary date of such policy, the Company and Sellers shall each
use its commercially reasonable efforts to actively encourage each
Contractholder selected by the Company and its agent to purchase insurance from
a Permitted Designee in substitution for Seller as the issuing carrier. In the
event that a Contractholder should decline to so accept a Permitted Designee and
accepts a policy issued by a Seller, such policy shall nevertheless be subject
to the provisions of Section 2.2(b); for the avoidance of doubt, the provisions
of Section 2.2(b) shall be applicable to such policies on the first policy
anniversary after the date of issuance of such policy by Sellers.
(d) From and after the date hereof, Sellers shall perform the
duties set forth on Schedule E hereto.
(e) Notwithstanding anything in this Agreement to the contrary,
except to the extent required by applicable Law, in no event shall Sellers be
obligated under this Agreement to renew any Subject Policy subsequent to the
second policy anniversary date of such Subject Policy following the Non-Renewal
Date or to send any notices to Contractholders or their appointed agents or
otherwise attempt to encourage Contractholders to obtain coverage with a
Permitted Designee after such date.
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(f) Neither the Company nor any Permitted Designee is assuming,
nor shall they be liable for, any of the liabilities, debts, claims, obligations
or other liability of Sellers of any nature whatsoever, except to the extent
caused by the Company or a Permitted Designee. Neither the Company nor any
Permitted Designee is assuming, nor shall they be liable for, any insurance
obligations of Sellers to the Contractholders. In addition, neither the Company
nor any Permitted Designee warrants the legal validity of any notice provided by
the Sellers to the Contractholders in connection with the non-renewal of any
Subject Policy or the compliance of any such notice with any applicable Laws or
regulations. Further, it is acknowledged and agreed that neither the Company nor
any Permitted Designee is required to offer insurance coverage to all
Contractholders, to any particular Contractholder, or to any minimum percentage
of Contractholders. The Company and the Permitted Designees shall apply their
own underwriting judgment and premium rates to the replacement policies as they
determine are appropriate in their sole discretion.
(g) Notwithstanding anything to the contrary in this Agreement,
the Company acknowledges and agrees that Sellers do not have the power or
ability to require any Contractholder of any of the Subject Policies, or to
require any agent, to write or renew any such Subject Policy upon expiration or
otherwise.
(h) From and after the date hereof until the Non-Renewal Date,
Sellers shall non-renew policies that will be Subject Policies if in effect on
the Non-Renewal Date only in the ordinary course of business consistent with
practices in effect prior to July 1, 2004.
Section 2.3. Agents.
(a) The Company acknowledges that Sellers have entered into the
agency agreements with the agents listed on Schedule C hereto and that such
agreements give ownership rights to expirations to the agents who are parties to
such agreements.
(b) From and after the Non-Renewal Date, in accordance with
applicable Law and the terms of the agency agreements, Sellers agree to
terminate their agency appointments with those agents listed on Schedule C
hereto, other than the Overlap Agents, and to assist the Company in contracting
with such agents as selected by the Company; provided, however, the Sellers
shall have no obligation to terminate the agency appointments of such agents
with respect to their appointment to the Sellers or its Affiliates for personal
lines and other insurance products not included in the types of coverages under
Subject Policies or the insurance policies excluded from the definition of
Subject Policies.
(c) Sellers agree to provide to the Company, in accordance with
the time frame set forth on Schedule E, a producer experience report with
regards each agent listed on Schedule C hereto other than the Overlap Agents
listed on Schedule B hereto.
(d) Set forth on Schedule F hereto is a list of all agents of
Sellers producing New York business for Sellers whose agency agreements were
terminated at any time during the 75 day period preceding the date hereof.
Sellers agree to send, within five Business Days following the date hereof, to
each such agent a notice of the transactions contemplated by this Agreement,
such notice to be in a form reasonably acceptable to Sellers and the Company.
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Section 2.4. Cooperation. Each party hereto shall cooperate fully with
the other in all reasonable respects and shall use commercially reasonable
efforts to accomplish the objectives of this Agreement including making
available to each their respective officers and employees for interviews and
meetings with agents and Governmental Entities and furnishing any additional
assistance, information and documents as may be reasonably requested by a party
from time to time.
ARTICLE III.
CONSIDERATION
Section 3.1. Commission. In consideration of the service to be provided
by Sellers pursuant to this Agreement, the Company shall pay or cause to be paid
to Sellers, a commission equal to 5% for the first year, 4% for the second year
and 1% for the third year of the direct written premium (as adjusted for
cancellations and endorsements) for the Subject Policies renewed by the
Permitted Designees during each one-year period commencing on the Non-Renewal
Date (the "Scheduled Commission"). The Company shall pay or cause to be paid the
Scheduled Commission to Sellers, in arrears, within forty-five (45) days after
the end of each three month period ending after the Non-Renewal Date based on
direct written premiums on the Subject Policies renewed by the Permitted
Designees.
Section 3.2. Minimum Commission.
(a) The amount of Scheduled Commission paid or caused to be paid
by the Company to Sellers, together with additional commission paid pursuant
Section 3.3, shall be subject to an aggregate minimum of $5 million (the
"Minimum Amount"), with a minimum amount of $2 million through the end of the
first year, $4 million through the end of the second year, and $5 million
through the end of the third year (such minimum accrued amounts being referred
to herein as the "Minimum Annual Amount"). If the Scheduled Commission paid
pursuant to Section 3.1 together with additional commission paid pursuant to
Section 3.3 does not equal the Minimum Annual Amount applicable to such year,
the Company shall pay or cause to be paid to Sellers, concurrent with the
payment of the amount due for the final period for such year, the amount by
which the Minimum Annual Amount exceeds such Scheduled Commission paid for such
year. For the avoidance of doubt, the aggregate Minimum Annual Amount for the
three years is cumulative and shall take into account any amount of Scheduled
Commission paid and commission paid pursuant to Section 3.3 in excess of the
Minimum Annual Amount, such that once the aggregate Scheduled Commission paid in
any or all of the three years under Section 3.1 and commission paid pursuant to
Section 3.3 below equals or exceeds $5 million, no further Minimum Annual Amount
shall be due or payable.
(b) In order to secure the obligations of the Company to pay or
cause to be paid the Minimum Annual Amounts, the Company shall, within five
Business Days of the date of this Agreement, post or cause to be posted a letter
of credit, in such form as agreed by the Company and Sellers, in favor and for
the benefit of Sellers in the amount of $2 million, which,
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subject to adjustments as discussed below, shall be renewed or replaced upon the
first anniversary of the Non-Renewal Date with a replacement letter of credit in
the amount of $2 million and on the second anniversary of the Non-Renewal Date
with a replacement letter of credit in the amount of $1 million; provided, that
in lieu of any of the foregoing letters of credit, the Company shall be
permitted to place in escrow funds in the amount required hereby with an escrow
agent and subject to the terms of an escrow agreement in each case as agreed by
the Company and Sellers. The letter(s) of credit or escrow account may be drawn
upon by Sellers only to the extent that the Company fails to pay or cause to be
paid when due the Scheduled Commission or commission due pursuant to Section 3.3
to Sellers (including the Minimum Annual Amounts) and fails to remedy such
failure within five Business Days of receipt of notice thereof. The Company
shall have the right from time to time to reduce the amount of the letter of
credit or funds in escrow to the extent that payments of Scheduled Commissions
pursuant to Section 3.1 and commission paid pursuant to Section 3.3 are made
during the respective years on the condition that there shall be no reduction of
any letter of credit or funds in escrow unless the sum of (1) cumulative
Scheduled Commissions paid pursuant to Section 3.1 and commissions paid pursuant
to Section 3.3 and (2) amounts represented by letter of credit or funds in
escrow exceed (A) $2 million, with respect to a reduction at any time prior to
the first anniversary of the Non-Renewal Date, (B) $4 million, with respect to a
reduction at any time on or after the first anniversary and prior to the second
anniversary of the Non-Renewal Date and (C) $5 million with respect to a
reduction at any time period on or after the second anniversary of the
Non-Renewal Date.
Section 3.3. Commission on Additional Policies. To the extent the
Permitted Designees are able to write policies produced by any of the terminated
agents referred to in Section 2.3(c) which policies would have been Subject
Policies hereunder if produced by the agents listed on Schedule C (hereafter
"Additional Policies"), the Company shall pay or cause to be paid to Sellers a
commission equal to 2% for the first year, 2% for the second year and 1% for the
third year of the direct written premium (as adjusted for cancellations and
endorsements) for the Additional Policies written by the Permitted Designees
during each one-year period commencing on the date hereof, such commissions to
be a credit against the Minimum Annual Commission as set forth in Section
3.2(a). The Company shall pay or cause to be paid such commissions to Sellers,
in arrears, within forty-five (45) days after the end of each three month period
ending after the date hereof based on direct written premiums on the Additional
Policies.
ARTICLE IV.
REPRESENTATIONS AND WARRANTIES OF ONE BEACON GROUP AND SELLERS
OneBeacon Group and each Seller hereby represents and warrants to the
Company as follows:
Section 4.1. Organization and Standing; Power and Authority. Each
Seller is duly organized and validly existing under the laws of its respective
state of incorporation and has all requisite power and authority to sell, own,
lease and operate its assets and business and to carry on its business as now
being conducted.
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Section 4.2. Execution, Delivery and Performance. Each Seller has all
requisite power and authority to execute and deliver this Agreement and to
perform all of its obligations hereunder. The execution, delivery and
performance of this Agreement by Sellers have been duly and validly authorized
by all necessary action of Sellers, and no further action, consent or approval
on the part of Sellers is required for the valid performance of its obligations
hereunder. This Agreement has been duly executed and delivered by Sellers and,
assuming the due execution and delivery of this Agreement by the Company, this
Agreement constitutes the valid and legally binding obligations of Sellers,
enforceable against Sellers in accordance with its terms, except as such
enforcement may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium or similar laws affecting rights of creditors generally and by
general principles of equity.
Section 4.3. Governmental Authorities; Consents. (i) No Seller is
required to submit any notice to, or receive any approval, consent, license,
permit, waiver, registration or other authorization from, any Governmental
Entity ("Governmental Consents") in connection with the execution or delivery of
this Agreement or the consummation of the transactions contemplated hereby; and
(ii) no consent, approval, exemption or authorization of any other person, is
required to be obtained by Sellers in connection with Sellers' execution,
delivery and performance of this Agreement or the consummation of the
transactions contemplated hereby.
Section 4.4. Disclosure. To the best of their knowledge, all data,
analysis and other documentation and information provided in the binder titled
"OneBeacon Insurance New York Project Presentation" dated August 17, 2004
represents the best estimates of OneBeacon Group and Sellers when delivered to
the Company.
Section 4.5. Annualized Premium; Loss Ratios. To the best of their
knowledge, the annualized premium for the Subject Policies in force as of August
31, 2004 was approximately between $105 million and $112 million and the loss
and allocated loss expense ratio on the Subject Policies and the policies
written by the Overlap Agents, in the aggregate, for accident year 2003, as
currently estimated as of the date hereof, is approximately 57%. No assurance
can be given that the ultimate actual loss ratio will not be materially
different from this estimate because it is predicated on events which have not
yet occurred, makes assumptions based on past patterns and trends which may not
continue and does not anticipate any changes in claims handling structure.
ARTICLE V.
REPRESENTATIONS AND WARRANTIES OF THE COMPANY
The Company hereby represents and warrants to Sellers as
follows:
Section 5.1. Organization and Standing; Corporate Power and Authority.
The Company is a corporation duly organized and validly existing under the laws
of New York. The Company has all requisite corporate power and authority to
sell, own, lease and operate its assets, properties and business and to carry on
its business as now being conducted.
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Section 5.2. Execution, Delivery and Performance. The Company has all
requisite corporate power and authority to execute and deliver this Agreement
and to perform all of its obligations hereunder. The execution, delivery and
performance of this Agreement by the Company has been duly and validly
authorized by all necessary corporate action of the Company, and no further
corporate action, consent or approval on the part of the Company is required for
the valid performance of its obligations hereunder. This Agreement has been duly
executed and delivered by the Company and, assuming the due execution and
delivery of this Agreement by Sellers, this Agreement constitutes the valid and
legally binding obligations of the Company, enforceable against the Company in
accordance with its terms, except as such enforcement may be limited by
applicable bankruptcy, insolvency, reorganization, moratorium or similar laws
affecting rights of creditors generally and by general principles of equity.
Section 5.3. Governmental Authorities; Consents. (i) The Company is not
required to submit any notice to, or receive any Governmental Consents from, any
Governmental Entity in connection with the execution or delivery by it of this
Agreement or the consummation of the transactions contemplated hereby, other
than such rate and form filings and approvals as may be necessary to permit the
Company to issue replacement policies for the Subject Policies; and (ii) no
consent, approval, exemption or authorization of any other person, is required
to be obtained by the Company in connection with the Company's execution,
delivery and performance of this Agreement or the consummation of the
transactions contemplated hereby.
Section 5.4. Ratings. As of the date of this Agreement, the Permitted
Designees consist of two New York licensed insurance companies which are rated
A- by A.M. Best and a New York licensed insurance company rated B++ by A.M.
Best. The Company agrees that for so long as no New York licensed insurance
company Affiliate rated A- or better is available to the Company for renewal of
the Subject Policies, it shall make available all of the Permitted Designees
referenced above for renewal of the Subject Policies.
ARTICLE VI.
NONCOMPETITION
Section 6.1. One Beacon Group's and Sellers' Agreement Not to Compete.
OneBeacon Group and each Seller hereby covenants and agrees, subject to the
exceptions in Section 6.3, that for a period of two (2) years from the
Non-Renewal Date:
(a) Neither it nor any of its majority owned subsidiaries shall
market, underwrite or issue to any of the Contractholders any policies of
insurance which would have been Subject Policies if in effect on the date hereof
and if produced by an agent listed on Schedule C, except as contemplated by
Section 2.1 above.
(b) Neither it nor any of its majority owned subsidiaries shall,
directly or indirectly, solicit for employment or hire or appoint any agents
terminated by it pursuant to Section 2.3.
(c) Neither it nor any of its majority owned subsidiaries shall
provide to any Person, including without limitation, any current or future
Affiliate not party to this Agreement, any data or other information provided by
it to the Company or any Permitted Designee pursuant to the terms of this
Agreement, including without limitation, pursuant to the provisions of Schedule
E hereto.
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Section 6.2. Company's Agreement Not to Compete. The Company agrees
that for a period of two (2) years from the Non-Renewal Date neither it nor its
majority owned subsidiaries will renew, rewrite or replace any insurance
policies produced before the Non-Renewal Date by the Overlap Agents which (i)
were written by Atlantic Specialty Insurance Company or Atlantic Mutual
Insurance Company or Centennial Insurance Company and reinsured by the Sellers,
(ii) are OnePac policies (the Sellers' small business package product) or are
additional policies written for OnePac policyholders in conjunction with the
issuance of policies that qualify for OnePac or (iii) are monoline inland marine
policies; provided, that the foregoing shall not apply to insurance policies
produced by Overlap Agents that as of the date hereof are agents of the Company
or its majority owned subsidiaries.
Section 6.3. Acquisition Exception. Notwithstanding any other
provisions of this Agreement to the contrary, the provisions of Section 6.1(b)
shall not prohibit OneBeacon Group or Sellers from acquiring ownership or
management control of any insurance company or other risk bearing insurance
entity having a pre-existing agency relationship with one of the agents
terminated by it pursuant to Section 2.3, provided that the foregoing shall not
release Sellers from their obligations pursuant to Section 6.1(a) above.
ARTICLE VII.
COVENANTS AND AGREEMENTS
Section 7.1. Expenses. The parties to this Agreement shall bear their
respective expenses incurred in connection with the preparation, execution and
performance of this Agreement and the transactions contemplated hereby.
Section 7.2. Right to Inspect. Prior to December 1, 2008, Sellers shall
be entitled, through its representatives, to make such examination of the books
and records of the Company and the Permitted Designees including the amount of
direct written premium generated by the Subject Policies to the extent that such
access may be reasonably required by Sellers to verify payments due under this
Agreement; provided, however, a representative of the Company shall have the
right to be present during any such examination. Any such examination shall be
conducted during normal business hours and upon reasonable prior notice to the
Company. Any information obtained by Sellers or its representatives pursuant to
this Section 7.2 shall be held in strict confidence from any Person unless
compelled to be disclosed by judicial or administrative process or by other
requirements of applicable Law and shall not be used for any other purpose.
Section 7.3. Further Assurances. Each of the parties, without further
consideration, shall execute such documents and other papers, and take such
further actions, as may be reasonably required or desirable or required under
state insurance laws to effectuate the provisions hereof and the transactions
contemplated hereby. The parties agree and understand that they must comply with
any applicable insurance laws and regulations, including any necessary
regulatory approvals, and will cooperate to comply with any such requirements in
order to facilitate this transaction.
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Section 7.4. Publicity. Except as may otherwise be required by Law
(including, without limitation, the filing of registration statements and
periodic and other reports with the Securities and Exchange Commission or other
Governmental Entities concerning the transactions contemplated by this
Agreement) or the rules of any applicable stock exchange, no release or
announcement concerning this Agreement or the transactions contemplated hereby,
shall be made without advance written approval thereof by Sellers and the
Company, which approval shall not be unreasonably conditioned, delayed or
withheld. As respects releases and announcements required to be made by Law,
each party shall use commercially reasonable efforts to give the other party
advance written notice of such releases and announcements. All parties shall
cooperate with each other in making any release or announcement.
ARTICLE VIII.
INDEMNIFICATION
Section 8.1. Indemnification by OneBeacon Group and Sellers. OneBeacon
Group and Sellers hereby agree to indemnify the Company against (and agree to
hold it harmless from) any and all damage, loss, liability and expense
(including, without limitation, reasonable attorneys' fees and reasonable
expenses of investigation in connection with any action, suit or proceeding)
incurred or suffered by the Company, arising out of: (i) any misrepresentation
or breach of warranty, covenant or agreement pursuant to this Agreement by
OneBeacon Group or Sellers, provided, that OneBeacon Group and Sellers shall
have no obligation to indemnify the Company for any third party claim in respect
of securities laws violations or alleged securities laws violations arising out
of the initial public offering of the Company's common stock currently under
registration with the U.S. Securities and Exchange Commission, provided further,
however, that the foregoing proviso shall not limit the liability of OneBeacon
Group or Sellers for gross negligence, willful misconduct or fraud; (ii) the
obligations of Sellers to the Contractholders with respect to the Subject
Policies written by Sellers; (iii) any claim by any present or former employee
of OneBeacon Group or Sellers arising out of the employment of such employee or
the termination thereof by OneBeacon Group, any Seller or any Affiliate thereof;
and (iv) any claim by any present or former agent of OneBeacon Group or Sellers
arising out of the agency relationship of such agent with OneBeacon Group or any
Seller or the termination thereof, except to the extent that such claim results
from the actions of the Company in violation of this Agreement or otherwise not
contemplated by this Agreement.
Section 8.2. Indemnification by the Company. The Company hereby agrees
to indemnify OneBeacon Group and Sellers against (and agrees to hold them
harmless from) any and all damage, loss, liability and expense (including,
without limitation, reasonable attorneys' fees and reasonable expenses of
investigation in connection with any action, suit or proceeding) incurred or
suffered by OneBeacon Group or Sellers, arising out of: (i) any
misrepresentation or breach of warranty, covenant or agreement pursuant to this
Agreement by the Company; (ii) the obligations of the Permitted Designees with
regards to the policies issued by the Permitted Designees as renewals of the
Subject Policies; (iii) any claim by any present or former employee of OneBeacon
Group, Sellers or any Affiliate thereof arising out of the employment of such
employee by the Company, to the extent that such claim results from the actions
of the Company with regards to such employee, excluding claims for severance or
other benefits from OneBeacon Group, Sellers or their Affiliates based on prior
service with OneBeacon Group, Sellers or their Affiliates; or (iv) any third
party claim in respect of securities laws violations or alleged securities laws
violations arising out of the initial public offering of the Company's common
stock currently under registration with the U.S. Securities and Exchange
Commission, provided that the foregoing shall not limit the liability of
OneBeacon Group or Sellers for gross negligence, willful misconduct or fraud.
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ARTICLE IX.
MISCELLANEOUS PROVISIONS
Section 9.1. Notices. All notices, requests, demands, claims and other
communications required or permitted to be delivered, given or otherwise
provided under this Agreement must be in writing and must be delivered, given or
otherwise provided:
(a) by hand (in which case, it will be effective upon delivery);
(b) by facsimile (in which case, it will be effective upon receipt
of confirmation of good transmission); or
(c) by overnight delivery by a nationally recognized courier
service (in which case, it will be effective on the Business Day after being
deposited with such courier service);
in each case, to the address (or facsimile number) listed below:
If to the Seller, to it at:
OneBeacon Insurance Company
OneBeacon Street
Boston, MA 02108
Tel: (617) 725-7171
Fax: (617) 725-7177
Attn: Roger M. Singer, Senior Vice President and General Counsel
If to the Company, to it at:
Tower Group Companies
120 Broadway
14th Floor
New York, NY 10271-1699
Tel: (212) 655-5005
Fax: (212) 655-2199
Attn: Steven G. Fauth, Senior Vice President and General Counsel
Each of the parties to this Agreement may specify a different address or
facsimile number by giving notice in accordance with this Section 9 to each of
the other parties hereto.
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Section 9.2. No Consequential, Incidental or Punitive Damages.
NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THIS AGREEMENT, NO PARTY SHALL BE
LIABLE TO THE OTHER FOR CONSEQUENTIAL, INCIDENTAL OR PUNITIVE DAMAGES FOR ANY
REASON; PROVIDED, THAT THE FOREGOING EXCLUSION OF CONSEQUENTIAL DAMAGES SHALL
NOT OPERATE OR BE CONSTRUED SO AS TO PREVENT OR PROHIBIT A PARTY FROM RECOVERING
ACTUAL, DIRECT DAMAGES ARISING ON ACCOUNT OF CLAIMS FROM THIRD PARTIES FOR WHICH
INDEMNIFICATION IS AVAILABLE PURSUANT TO THE TERMS OF ARTICLE VIII HEREOF.
Section 9.3. Succession and Assignment; No Third-Party Beneficiary.
Subject to the immediately following sentence, this Agreement will be binding
upon and inure to the benefit of the parties hereto and their respective
successors and permitted assigns, each of which such successors and permitted
assigns will be deemed to be a party hereto for all purposes hereof. No party
may assign, delegate or otherwise transfer either this Agreement or any of its
rights, interests, or obligations hereunder without the prior written approval
of the other parties; provided, however, that the Company shall be permitted to
use from time to time one or more of its insurance company Affiliates or any
insurance company for which the Company or its subsidiaries has underwriting
authority (each, a "Permitted Designee") for purposes of writing renewals of the
Subject Policies and otherwise performing its obligations and exercising its
rights hereunder. Except as expressly provided herein, this Agreement is for the
sole benefit of the parties and their permitted successors and assignees and
nothing herein expressed or implied will give or be construed to give any
person, other than the parties and such successors and assignees, any legal or
equitable rights hereunder.
Section 9.4. Amendments and Waivers. No amendment or waiver of any
provision of this Agreement will be valid and binding unless it is in writing
and signed, in the case of an amendment, by Sellers and the Company, or in the
case of a waiver, by the party against whom the waiver is to be effective. No
waiver by any party of any breach or violation or, default under or inaccuracy
in any representation, warranty or covenant hereunder, whether intentional or
not, will be deemed to extend to any prior or subsequent breach, violation,
default of, or inaccuracy in, any such representation, warranty or covenant
hereunder or affect in any way any rights arising by virtue of any prior or
subsequent such occurrence. No delay or omission on the part of any party in
exercising any right, power or remedy under this Agreement will operate as a
waiver thereof.
Section 9.5. Entire Agreement. This Agreement constitutes the entire
agreement among the parties hereto with respect to the subject matter hereof and
supersedes any and all prior discussions, negotiations, proposals, undertakings,
understandings and agreements, whether written or oral, with respect thereto.
Section 9.6. Counterparts. This Agreement may be executed in any number
of counterparts, each of which will be deemed an original, but all of which
together will constitute but one and the same instrument. This Agreement will
become effective when duly executed and delivered by each party hereto.
12
Section 9.7. Severability. If any term or other provision of this
Agreement is invalid or illegal, all other conditions and provisions of this
Agreement nevertheless will remain in full force and effect so long as the
economic and legal substance of the transactions contemplated by this Agreement
are not affected in any manner materially adverse to any party. Upon such
determination that any term or other provision is invalid or illegal, the
parties hereto will negotiate in good faith to modify this Agreement so as to
effect the original intent of the parties as closely as possible in an
acceptable manner to the end that the transactions contemplated by this
Agreement are fulfilled to the extent possible without adverse economic effect
or other material adverse effect upon either party.
Section 9.8. Headings. The headings contained in this Agreement are for
convenience purposes only and will not in any way affect the meaning or
interpretation hereof.
Section 9.9. Construction. The parties have participated jointly in the
negotiation and drafting of this Agreement. In the event an ambiguity or
question of intent or interpretation arises, this Agreement will be construed as
if drafted jointly by the parties and no presumption or burden of proof will
arise favoring or disfavoring any party by virtue of the authorship of any of
the provisions of this Agreement.
Section 9.10. Governing Law. This Agreement, the rights of the parties
and all actions arising in whole or in part under or in connection herewith,
will be governed by and construed in accordance with the domestic substantive
laws of the State of New York, without regard to principles of conflicts of law
to the extent that the application of the laws of another jurisdiction would be
required thereby.
Section 9.11. Arbitration. The parties will submit to binding
arbitration any dispute under or with respect to this Agreement except that in
connection with seeking injunctive relief the parties will be free to seek such
relief in accordance with Section 9.12(a). In any such arbitration, each party
will have the right to appoint one arbitrator. The expenses and fees of a
party-appointed arbitrator will be paid by the party appointing such arbitrator.
The third arbitrator will be provided by JAMS/ENDISPUTE and will be mutually
acceptable to the parties, and such arbitrator will preside over the matter. Any
such arbitration will take place in the Borough of Manhattan, New York, and be
conducted in accordance with the then existing Arbitration Rules of
JAMS/ENDISPUTE. All decisions rendered by the arbitrators shall be final, and
judgment on the award rendered by the arbitrators may be entered in any court
having jurisdiction thereof and shall not be subject to appeal. The requirement
to submit disputes to binding arbitration will not apply to any action for
injunctive relief.
Section 9.12. Jurisdiction; Venue; Service of Process.
(a) Jurisdiction. Subject to the provisions of Section 9.11, each
party to this Agreement, by its execution hereof, (i) hereby irrevocably submits
to the exclusive jurisdiction of the United States District Court located in the
Southern District of the State of New York (or, if notwithstanding the
provisions of this Section 9.12(a) such court does not have jurisdiction, the
state courts of the State of New York) for the purpose of any action between the
parties arising in whole or in part under or in connection with this Agreement,
(ii) hereby waives to the extent not prohibited by applicable law, and agrees
not to assert, by way of motion, as a defense or
13
otherwise, in any such action, any claim that it is not subject personally to
the jurisdiction of the above-named courts, that its property is exempt or
immune from attachment or execution, that any such action brought in one of the
above-named courts should be dismissed on grounds of forum non conveniens,
should be transferred or removed to any court other than one of the above-named
courts, or should be stayed by reason of the pendency of some other proceeding
in any other court other than one of the above-named courts, or that this
Agreement or the subject matter hereof may not be enforced in or by such court
and (iii) hereby agrees not to commence any such action other than before the
United States District Court located in the Southern District of the State of
New York (or, if notwithstanding the provisions of this Section 9.12(a) such
court does not have jurisdiction, the state courts of the State of New York).
Notwithstanding the previous sentence, a party may commence any action in a
court other than the above-named courts solely for the purpose of enforcing an
order or judgment issued by one of the above-named courts.
(b) Venue. Each party agrees that for any Action between the
parties arising in whole or in part under or in connection with this Agreement,
such party will bring actions only in the Borough of Manhattan. Each party
further waives any claim and will not assert that venue should properly lie in
any other location within the selected jurisdiction.
(c) Service of Process. Each party hereby (i) consents to service
of process in any action between the parties arising in whole or in part under
or in connection with this Agreement in any manner permitted by New York law,
(ii) agrees that service of process made in accordance with clause (i) or made
by registered or certified mail, return receipt requested, at its address
specified pursuant to Section 9.1, will constitute good and valid service of
process in any such action and (iii) waives and agrees not to assert (by way of
motion, as a defense, or otherwise) in any such action any claim that service of
process made in accordance with clause (i) or (ii) does not constitute good and
valid service of process.
Section 9.13. Specific Performance. Each of the parties acknowledges
and agrees that the other parties would be damaged irreparably in the event any
of the provisions of this Agreement are not performed in accordance with their
specific terms or otherwise are breached or violated. Accordingly, each of the
parties agrees that, without posting bond or other undertaking, the other
parties will be entitled to an injunction or injunctions to prevent breaches or
violations of the provisions of this Agreement and to enforce specifically this
Agreement and the terms and provisions hereof in any action instituted in any
court of the United States or any state thereof having jurisdiction over the
parties and the matter in addition to any other remedy to which it may be
entitled, at law or in equity. Each party further agrees that, in the event of
any action for specific performance in respect of such breach or violation, it
will not assert that the defense that a remedy at law would be adequate.
Section 9.14. Waiver of Jury Trial. TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, THE PARTIES HEREBY WAIVE, AND COVENANT THAT THEY WILL NOT ASSERT
(WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE), ANY RIGHT TO TRIAL BY JURY IN
ANY ACTION ARISING IN WHOLE OR IN PART UNDER OR IN CONNECTION WITH THIS
AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT, WHETHER NOW
EXISTING OR HEREAFTER ARISING, AND WHETHER SOUNDING IN CONTRACT, TORT OR
OTHERWISE. THE PARTIES AGREE THAT ANY OF THEM MAY FILE A COPY OF THIS PARAGRAPH
WITH ANY COURT AS WRITTEN EVIDENCE OF THE KNOWING, VOLUNTARY AND BARGAINED-FOR
AGREEMENT AMONG THE PARTIES IRREVOCABLY TO WAIVE THEIR RIGHT TO TRIAL BY JURY IN
ANY PROCEEDING WHATSOEVER BETWEEN THEM RELATING TO THIS AGREEMENT OR ANY OF THE
TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT AND THAT ANY MATTER WILL INSTEAD BE
TRIED IN A COURT OF COMPETENT JURISDICTION BY A JUDGE SITTING WITHOUT A JURY.
14
Section 9.15. Survival of Representations and Warranties. Each such
representation and warranty by the parties hereunder shall survive the date
hereof. No party has any right to rely upon any representations or warranties of
the other party other than the representations and warranties contained herein.
[Signature Page Follows]
15
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed by their duly authorized representatives as of the day and year
first above written.
ONEBEACON INSURANCE GROUP LLC
By
Name: Roger M. Singer
Title: Senior Vice President
ONEBEACON INSURANCE COMPANY
By
Name: Roger M. Singer
Title: Senior Vice President
ONEBEACON AMERICA INSURANCE COMPANY
By
Name: Roger M. Singer
Title: Senior Vice President
PENNSYLVANIA GENERAL INSURANCE COMPANY
By
Name: Roger M. Singer
Title: Senior Vice President
NORTHERN ASSURANCE COMPANY OF AMERICA
By
Name: Roger M. Singer
Title: Senior Vice President
EMPLOYER'S FIRE INSURANCE COMPANY
By
Name: Roger M. Singer
Title: Senior Vice President
HOMELAND INSURANCE COMPANY OF NEW YORK
By
Name: Roger M. Singer
Title: Senior Vice President
16
PG INSURANCE COMPANY OF NEW YORK
By
Name: Roger M. Singer
Title: Senior Vice President
CAMDEN FIRE INSURANCE ASSOCIATION
By
Name: Roger M. Singer
Title: Senior Vice President
AMERICAN EMPLOYER'S INSURANCE COMPANY
By
Name: Roger M. Singer
Title: Senior Vice President
ONEBEACON MIDWEST INSURANCE COMPANY
By
Name: Roger M. Singer
Title: Senior Vice President
YORK INSURANCE COMPANY OF MAINE
By
Name: Roger M. Singer
Title: Senior Vice President
AMERICAN CENTRAL INSURANCE COMPANY
By
Name: Roger M. Singer
Title: Senior Vice President
TOWER GROUP, INC.
By
Name: Michael H. Lee
Title: President and Chief Executive Officer
17
SCHEDULE A
OneBeacon Group Subsidiary Parties
OneBeacon Insurance Company
OneBeacon America Insurance Company
Pennsylvania General Insurance Company
Northern Assurance Company of America
Employer's Fire Insurance Company
Homeland Insurance Company of New York
PG Insurance Company of New York
Camden Fire Insurance Association
American Employer's Insurance Company
OneBeacon Midwest Insurance Company
York Insurance Company of Maine
American Central Insurance Company
A-1
SCHEDULE B
NY COMMERCIAL LINES AGENTS -- "OVERLAP AGENTS"
----------------------------------------------------------------------------------------------------------------------
"RELATIONSHIP" (ABOVE MC) PRODUCERS ("DOING BUSINESS AS") CITY STATE ZIP CODE
----------------------------------------------------------------------------------------------------------------------
3-S Agencies Inc. DOMINICK FALCONE AGENCY INC SYRACUSE NY 13203
----------------------------------------------------------------------------------------------------------------------
A.C. Edwards A.C. EDWARDS INC SAYVILLE NY 11782
----------------------------------------------------------------------------------------------------------------------
Alliance Brokerage Corp. ALLIANCE BROKERAGE CORP WESTBURY NY 11590
----------------------------------------------------------------------------------------------------------------------
Amrock Assoc LLC THE AMERISC CORPORATION GARDEN CITY NY 11530
AMROCK ASSOCIATES, LLC NEW CITY NY 10956
ALFRED F CYPES & CO INC NANUET NY 10954
----------------------------------------------------------------------------------------------------------------------
Bauer-Crowley Inc. BAUER-CROWLEY INC SPARKILL NY 10976
----------------------------------------------------------------------------------------------------------------------
LYDECKER AGENCY INC NYACK NY 10960
----------------------------------------------------------------------------------------------------------------------
Bradley & Parker BRADLEY & PARKER, INC SYOSSET NY 11791
----------------------------------------------------------------------------------------------------------------------
Briceland Agency Inc. BRICELAND AGENCY BUFFALO NY 14221
GENERAL BUSINESS INSURANCE AGE NO. SYRACUSE NY 13212
E.F. KAUL AGENCY INC WILLIAMSVILLE NY 14221
----------------------------------------------------------------------------------------------------------------------
Brooks-Waterburn Corp BROOKS-WATERBURN CORP WESTBURY NY 11590
----------------------------------------------------------------------------------------------------------------------
Brown & Brown of NY Inc. BROWN & BROWN OF NEW YORK INC JAMESTOWN NY 14701
BROWN & BROWN OF NEW YORK INC ROCHESTER NY 14604
BROWN & BROWN OF NEW YORK INC WOLCOTT NY 14590
BROWN & BROWN OF NEW YORK INC WILLIAMSVILLE NY 14221
BROWN & BROWN OF NEW YORK INC CLIFTON PARK NY 12065
BROWN & BROWN OF NEW YORK INC ENDICOTT NY 13760
----------------------------------------------------------------------------------------------------------------------
C B S Coverage Group Inc. C B S COVERAGE GROUP INC PLAINVIEW NY 11803
THE WESTHAMPTON AGENCY INC WESTHAMPTON NY 11978
----------------------------------------------------------------------------------------------------------------------
Capital Bauer Insurance Agency CAPITAL BAUER INSURANCE AGENCY ALBANY NY 12212
----------------------------------------------------------------------------------------------------------------------
Cesar Group Inc. THE CESAR GROUP INC CHEEKTOWAGA NY 14225
----------------------------------------------------------------------------------------------------------------------
CLG Financial CLG FINANCIAL NANUET NY 10954
CLG FINANCIAL NANUET NY 10954
CLG FINANCIAL (NCA ASSOC NANUET NY 10954
----------------------------------------------------------------------------------------------------------------------
Combined Financial Services COMBINED FINANCIAL SERVICES, I SILVER CREEK NY 14136
M & W AGENCY INC ANGOLA NY 14006
MAYVILLE TREMAINE, INC MAYVILLE NY 14757
RICHARDSON & STOUT INC WELLSVILLE NY 14895
SLONE-MELHUISH & COMPANY JAMESTOWN NY 14701
TOMPKINS INSURANCE AGENCIES IN ALDEN NY 14004
TOMPKINS INSURANCE AGENCIES IN BATAVIA NY 14020
TOMPKINS INSURANCE AGENCIES IN ATTICA NY 14011
TOMPKINS INSURANCE AGENCIES IN WARSAW NY 14569
TOMPKINS INSURANCE AGENCIES IN LEROY NY 14482
YOUNGS & LINFOOT INC GENESEO NY 14454
----------------------------------------------------------------------------------------------------------------------
Cook, Hall & Hyde COOK, HALL & HYDE INC BETHPAGE NY 11714
----------------------------------------------------------------------------------------------------------------------
Cool Insuring COOL INSURING AGENCY, INC LATHAM NY 12110
----------------------------------------------------------------------------------------------------------------------
Deremer Tog Agency DEREMER-TOG AGENCY, INC GARDEN CITY NY 11530
----------------------------------------------------------------------------------------------------------------------
DeWitt Stern Group DEWITT STERN GROUP INC NEW YORK NY 10170
DEWITT STERN IMPERATORE LTD WEEHAWKEN NJ 70860
----------------------------------------------------------------------------------------------------------------------
Edward Lewis & Sons EDWARD LEWIS & SONS LTD WESTBURY NY 11590
----------------------------------------------------------------------------------------------------------------------
Foa & Son Corp FOA & SON CORPORATION MITCHELL FIELD NY 11553
----------------------------------------------------------------------------------------------------------------------
Frank H Reis, Inc. FRANK H. REIS, INC KINGSTON NY 12401
----------------------------------------------------------------------------------------------------------------------
FRANK H, REIS, INC KINGSTON NY 12401
----------------------------------------------------------------------------------------------------------------------
Gilroy, Kernan & Gilroy GILROY, KERNAN & GILROY, INC NEW HARTFORD NY 13413
----------------------------------------------------------------------------------------------------------------------
Hagedorn & Company HAGEDORN & COMPANY OSSINING NY 10562
HAGEDORN & COMPANY NEW YORK NY 10005
----------------------------------------------------------------------------------------------------------------------
Halland Companies LLC THE HALLAND COMPANIES LLC PLAINVIEW NY 11803
----------------------------------------------------------------------------------------------------------------------
Hatch Leonard Naples Inc. HATCH LEONARD NAPLES, INC ROCHESTER NY 14623
----------------------------------------------------------------------------------------------------------------------
Haylor Freyer & Coon HAYLOR, FREYER & COON, INC SYRACUSE NY 13221
----------------------------------------------------------------------------------------------------------------------
Herbert L. Jamison & Co., LLC HERBERT L. JAMISON & CO LLC NEW YORK NY 10004
----------------------------------------------------------------------------------------------------------------------
HILB, Rogal & Hamilton Co of NY HILB, ROGAL & HAMILTON CO OF N NEW YORK NY 10017
HILB, ROGAL & HAMILTON CO OF U BUFFALO NY 14202
----------------------------------------------------------------------------------------------------------------------
Lawley Service LAWLEY SERVICES INC BUFFALO NY 14202
LAWLEY-ANDOLINA LLC ROCHESTER NY 14607
LAWLEY-GENESEE LLC BATAVIA NY 14021
LAWLEY-RICHWOOD LLC HAWTHORNE NY 10532
LAWLEY-TRADITION LLC FREDONIA NY 14063
LAWLEY-VIVACQUA LLC AMHERST NY 14226
----------------------------------------------------------------------------------------------------------------------
Mang Insurance Agency MANG-SHOLES INSURANCE AGENCY WALTON NY 13856
MANG-WILBER LLC ONEONTA NY 13820
MANG INSURANCE AGENCY SIDNEY NY 13838
----------------------------------------------------------------------------------------------------------------------
Marsh USA Inc. MARSH USA INC PITTSFORD NY 14534
----------------------------------------------------------------------------------------------------------------------
MARSH USA INC NEW YORK NY 10036
----------------------------------------------------------------------------------------------------------------------
Marshall & Sterling MARSHALL AND STERLING, INC.(P) POUGHKEEPSIE NY 12601
MARSHALL & STERLING UPSTATE, I GLENVILLE NY 12302
GEORGE T. WHALEN, INC.,DIV. M MILLBROOK NY 12545
----------------------------------------------------------------------------------------------------------------------
MaryJane M. Eisnor MARYJANE M. EISNOR CLARK MILLS NY 13321
----------------------------------------------------------------------------------------------------------------------
Matthews Bartlett & Dedecker MATTHEWS, BARTLETT & DEDECKER BUFFALO NY 14202
----------------------------------------------------------------------------------------------------------------------
Nackley Agency Inc. NACKLEY AGENCY INC UTICA NY 13502
----------------------------------------------------------------------------------------------------------------------
Rose & Kiernan ROSE & KIERNAN, INC EAST GREENBUSH NY 12061
----------------------------------------------------------------------------------------------------------------------
Rosol Agency Inc. ROSOL AGENCY INC WHITE PLAINS NY 10602
----------------------------------------------------------------------------------------------------------------------
Russo Picciurro Maloy RUSSO PICCIURRO MALOY STATEN ISLAND NY 10314
RUSSO PICCIURRO MALOY STATEN ISLAND NY 10314
----------------------------------------------------------------------------------------------------------------------
S.K. Streisand Agency S.K. STREISAND AGENCY LTD PLAINVIEW NY 11803
----------------------------------------------------------------------------------------------------------------------
Seigerman-Mulvey Co. Inc. SEIGERMAN-MULVEY CO. INC EAST SETAUKET NY 11733
----------------------------------------------------------------------------------------------------------------------
Signature Group LLC THE BAUMANN AGENCY INC GARDEN CITY NY 11530
THE SIGNATURE GROUP LLC GARDEN CITY NY 11530
----------------------------------------------------------------------------------------------------------------------
SKCG Group Inc. PELL & ASSOCIATES WEST NYACK NY 10994
PELL & ASSOCIATES WEST NYACK NY 10994
SKCG GROUP INC WHITE PLAINS NY 10601
----------------------------------------------------------------------------------------------------------------------
The Treiber Group, LLC TREIBER AGENCY GROUP LLC GARDEN CITY NY 11530
THE TREIBER GROUP, LLC GARDEN CITY NY 11530
----------------------------------------------------------------------------------------------------------------------
USI Northeast Inc USI NORTHEAST, INC BRIARCLIFF MANOR NY 10510
----------------------------------------------------------------------------------------------------------------------
Vanguard BAILEY, HASKELL & LALONDE AGEN CANASTOTA NY 13032
BAILEY, HASKELL & LALONDE AGEN CANASTOTA NY 13032
JOHN C. DELBUONO INC UTICA NY 13501
ROBERT A DICKS JR INC NEW YORK MILLS NY 13417
DUNN AGENCY CLINTON NY 13323
MAHER AGENCY, INC MARCELLUS NY 13108
JAMES P. REAGAN AGENCY INC MARCELLUS NY 13108
SANNY, INC CANASTOTA NY 13032
VANGUARD RISK MANAGERS INC MARCELLUS NY 13108
----------------------------------------------------------------------------------------------------------------------
Wesfair Agency Inc. NEW HACKENSACK AGENCY, INC WAPPINGER FALLS NY 12590
WESFAIR AGENCY, INC CHAPPAQUA NY 10514
----------------------------------------------------------------------------------------------------------------------
Whitmore Group Ltd THE WHITMORE GROUP LTD GARDEN CITY NY 11530
----------------------------------------------------------------------------------------------------------------------
Young Agency THE YOUNG AGENCY INC SYRACUSE NY 13204
----------------------------------------------------------------------------------------------------------------------
Zaloom Associates Inc. ZALOOM ASSOCIATES, INC NEW YORK NY 10038
----------------------------------------------------------------------------------------------------------------------
|
B-1
SCHEDULE C
NY COMMERCIAL LINES AGENTS -- TO TOWER AND "OVERLAP"
------------------------------------------------------------------------------------------------------------------------------------
OVERLAP CITY STATE ZIP
"RELATIONSHIP" (ABOVE MC) PRODUCERS ("DOING BUSINESS AS") PRODUCER CODE
CODES
------------------------------------------------------------------------------------------------------------------------------------
3-S Agencies Inc. DOMINICK FALCONE AGENCY INC Overlap SYRACUSE NY 13203
------------------------------------------------------------------------------------------------------------------------------------
A.C. Edwards A.C. EDWARDS INC Overlap SAYVILLE NY 11782
------------------------------------------------------------------------------------------------------------------------------------
Alliance Brokerage Corp. ALLIANCE BROKERAGE CORP Overlap WESTBURY NY 11590
------------------------------------------------------------------------------------------------------------------------------------
Amrock Assoc LLC THE AMERISC CORPORATION Overlap GARDEN CITY NY 11530
AMROCK ASSOCIATES, LLC Overlap NEW CITY NY 10956
ALFRED F CYPES & CO INC Overlap NANUET NY 10954
------------------------------------------------------------------------------------------------------------------------------------
Bauer-Crowley Inc. BAUER-CROWLEY INC Overlap SPARKILL NY 10976
LYDECKER AGENCY INC Overlap NYACK NY 10960
------------------------------------------------------------------------------------------------------------------------------------
Bradley & Parker BRADLEY & PARKER, INC Overlap SYOSSET NY 11791
------------------------------------------------------------------------------------------------------------------------------------
Briceland Agency Inc. BRICELAND AGENCY Overlap BUFFALO NY 14221
GENERAL BUSINESS INSURANCE AGE Overlap NO. SYRACUSE NY 13212
E.F. KAUL AGENCY INC Overlap WILLIAMSVILLE NY 14221
------------------------------------------------------------------------------------------------------------------------------------
Brooks-Waterburn Corp BROOKS-WATERBURN CORP Overlap WESTBURY NY 11590
------------------------------------------------------------------------------------------------------------------------------------
Brown & Brown of NY Inc. BROWN & BROWN OF NEW YORK INC Overlap JAMESTOWN NY 14701
BROWN & BROWN OF NEW YORK INC Overlap ROCHESTER NY 14604
BROWN & BROWN OF NEW YORK INC Overlap WOLCOTT NY 14590
BROWN & BROWN OF NEW YORK INC Overlap WILLIAMSVILLE NY 14221
BROWN & BROWN OF NEW YORK INC Overlap CLIFTON PARK NY 12065
BROWN & BROWN OF NEW YORK INC Overlap ENDICOTT NY 13760
------------------------------------------------------------------------------------------------------------------------------------
Capital Bauer Insurance Agency CAPITAL BAUER INSURANCE AGENCY Overlap ALBANY NY 12212
------------------------------------------------------------------------------------------------------------------------------------
C B S Coverage Group Inc. C B S COVERAGE GROUP INC Overlap PLAINVIEW NY 11803
THE WESTHAMPTON AGENCY INC Overlap WESTHAMPTON NY 11978
------------------------------------------------------------------------------------------------------------------------------------
Cesar Group Inc. THE CESAR GROUP INC Overlap CHEEKTOWAGA NY 14225
------------------------------------------------------------------------------------------------------------------------------------
CLG Financial CLG FINANCIAL Overlap NANUET NY 10954
CLG FINANCIAL Overlap NANUET NY 10954
CLG FINANCIAL (NCA ASSOC Overlap NANUET NY 10954
------------------------------------------------------------------------------------------------------------------------------------
Combined Financial Services COMBINED FINANCIAL SERVICES, I Overlap SILVER CREEK NY 14136
M & W AGENCY INC Overlap ANGOLA NY 14006
MAYVILLE TREMAINE, INC Overlap MAYVILLE NY 14757
RICHARDSON & STOUT INC Overlap WELLSVILLE NY 14895
SLONE-MELHUISH & COMPANY Overlap JAMESTOWN NY 14701
TOMPKINS INSURANCE AGENCIES IN Overlap ALDEN NY 14004
TOMPKINS INSURANCE AGENCIES IN Overlap BATAVIA NY 14020
TOMPKINS INSURANCE AGENCIES IN Overlap ATTICA NY 14011
TOMPKINS INSURANCE AGENCIES IN Overlap WARSAW NY 14569
TOMPKINS INSURANCE AGENCIES IN Overlap LEROY NY 14482
YOUNGS & LINFOOT INC Overlap GENESEO NY 14454
------------------------------------------------------------------------------------------------------------------------------------
Cook, Hall & Hyde COOK, HALL & HYDE INC Overlap BETHPAGE NY 11714
------------------------------------------------------------------------------------------------------------------------------------
Cool Insuring COOL INSURING AGENCY, INC Overlap LATHAM NY 12110
------------------------------------------------------------------------------------------------------------------------------------
Deremer Tog Agency DEREMER-TOG AGENCY, INC Overlap GARDEN CITY NY 11530
------------------------------------------------------------------------------------------------------------------------------------
DeWitt Stern Group DEWITT STERN GROUP INC Overlap NEW YORK NY 10170
DEWITT STERN IMPERATORE LTD Overlap WEEHAWKEN NJ 70860
------------------------------------------------------------------------------------------------------------------------------------
Edward Lewis & Sons EDWARD LEWIS & SONS LTD Overlap WESTBURY NY 11590
------------------------------------------------------------------------------------------------------------------------------------
Foa & Son Corp FOA & SON CORPORATION Overlap MITCHELL FIELD NY 11553
------------------------------------------------------------------------------------------------------------------------------------
Frank H Reis, Inc. FRANK H. REIS, INC Overlap KINGSTON NY 12401
FRANK H, REIS, INC Overlap KINGSTON NY 12401
------------------------------------------------------------------------------------------------------------------------------------
Gilroy, Kernan & Gilroy GILROY, KERNAN & GILROY, INC Overlap NEW HARTFORD NY 13413
------------------------------------------------------------------------------------------------------------------------------------
Hagedorn & Company HAGEDORN & COMPANY Overlap OSSINING NY 10562
HAGEDORN & COMPANY Overlap NEW YORK NY 10005
------------------------------------------------------------------------------------------------------------------------------------
Halland Companies LLC THE HALLAND COMPANIES LLC Overlap PLAINVIEW NY 11803
------------------------------------------------------------------------------------------------------------------------------------
Hatch Leonard Naples Inc. HATCH LEONARD NAPLES, INC Overlap ROCHESTER NY 14623
------------------------------------------------------------------------------------------------------------------------------------
Haylor Freyer & Coon HAYLOR, FREYER & COON, INC Overlap SYRACUSE NY 13221
------------------------------------------------------------------------------------------------------------------------------------
Herbert L. Jamison & Co., LLC HERBERT L. JAMISON & CO LLC Overlap NEW YORK NY 10004
------------------------------------------------------------------------------------------------------------------------------------
HILB, Rogal & Hamilton Co of NY HILB, ROGAL & HAMILTON CO OF N Overlap NEW YORK NY 10017
HILB, ROGAL & HAMILTON CO OF U Overlap BUFFALO NY 14202
------------------------------------------------------------------------------------------------------------------------------------
Lawley Service LAWLEY SERVICES INC Overlap BUFFALO NY 14202
LAWLEY-ANDOLINA LLC Overlap ROCHESTER NY 14607
LAWLEY-GENESEE LLC Overlap BATAVIA NY 14021
LAWLEY-RICHWOOD LLC Overlap HAWTHORNE NY 10532
LAWLEY-TRADITION LLC Overlap FREDONIA NY 14063
LAWLEY-VIVACQUA LLC Overlap AMHERST NY 14226
------------------------------------------------------------------------------------------------------------------------------------
Mang Insurance Agency MANG-SHOLES INSURANCE AGENCY Overlap WALTON NY 13856
MANG-WILBER LLC Overlap ONEONTA NY 13820
MANG INSURANCE AGENCY Overlap SIDNEY NY 13838
------------------------------------------------------------------------------------------------------------------------------------
Marsh USA Inc. MARSH USA INC Overlap PITTSFORD NY 14534
MARSH USA INC Overlap NEW YORK NY 10036
------------------------------------------------------------------------------------------------------------------------------------
Marshall & Sterling MARSHALL AND STERLING, INC.(P) Overlap POUGHKEEPSIE NY 12601
MARSHALL & STERLING UPSTATE, I Overlap GLENVILLE NY 12302
GEORGE T. WHALEN, INC.,DIV. M Overlap MILLBROOK NY 12545
------------------------------------------------------------------------------------------------------------------------------------
MaryJane M. Eisnor MARYJANE M. EISNOR Overlap CLARK MILLS NY 13321
------------------------------------------------------------------------------------------------------------------------------------
Matthews Bartlett & Dedecker MATTHEWS, BARTLETT & DEDECKER Overlap BUFFALO NY 14202
------------------------------------------------------------------------------------------------------------------------------------
Nackley Agency Inc. NACKLEY AGENCY INC Overlap UTICA NY 13502
------------------------------------------------------------------------------------------------------------------------------------
Rose & Kiernan ROSE & KIERNAN, INC Overlap EAST GREENBUSH NY 12061
------------------------------------------------------------------------------------------------------------------------------------
Rosol Agency Inc. ROSOL AGENCY INC Overlap WHITE PLAINS NY 10602
------------------------------------------------------------------------------------------------------------------------------------
Russo Picciurro Maloy RUSSO PICCIURRO MALOY Overlap STATEN ISLAND NY 10314
RUSSO PICCIURRO MALOY Overlap STATEN ISLAND NY 10314
------------------------------------------------------------------------------------------------------------------------------------
S.K. Streisand Agency S.K. STREISAND AGENCY LTD Overlap PLAINVIEW NY 11803
------------------------------------------------------------------------------------------------------------------------------------
Seigerman-Mulvey Co. Inc. SEIGERMAN-MULVEY CO. INC Overlap EAST SETAUKET NY 11733
------------------------------------------------------------------------------------------------------------------------------------
Signature Group LLC THE BAUMANN AGENCY INC Overlap GARDEN CITY NY 11530
THE SIGNATURE GROUP LLC Overlap GARDEN CITY NY 11530
------------------------------------------------------------------------------------------------------------------------------------
SKCG Group Inc. PELL & ASSOCIATES Overlap WEST NYACK NY 10994
PELL & ASSOCIATES Overlap WEST NYACK NY 10994
SKCG GROUP INC Overlap WHITE PLAINS NY 10601
------------------------------------------------------------------------------------------------------------------------------------
The Treiber Group, LLC TREIBER AGENCY GROUP LLC Overlap GARDEN CITY NY 11530
THE TREIBER GROUP, LLC Overlap GARDEN CITY NY 11530
------------------------------------------------------------------------------------------------------------------------------------
USI Northeast Inc USI NORTHEAST, INC Overlap BRIARCLIFF MANOR NY 10510
------------------------------------------------------------------------------------------------------------------------------------
Vanguard BAILEY, HASKELL & LALONDE AGEN Overlap CANASTOTA NY 13032
BAILEY, HASKELL & LALONDE AGEN Overlap CANASTOTA NY 13032
JOHN C. DELBUONO INC Overlap UTICA NY 13501
ROBERT A DICKS JR INC Overlap NEW YORK MILLS NY 13417
DUNN AGENCY Overlap CLINTON NY 13323
MAHER AGENCY, INC Overlap MARCELLUS NY 13108
------------------------------------------------------------------------------------------------------------------------------------
JAMES P. REAGAN AGENCY INC Overlap MARCELLUS NY 13108
------------------------------------------------------------------------------------------------------------------------------------
SANNY, INC Overlap CANASTOTA NY 13032
------------------------------------------------------------------------------------------------------------------------------------
VANGUARD RISK MANAGERS INC Overlap MARCELLUS NY 13108
------------------------------------------------------------------------------------------------------------------------------------
Wesfair Agency Inc. NEW HACKENSACK AGENCY, INC Overlap WAPPINGER FALLS NY 12590
WESFAIR AGENCY, INC Overlap CHAPPAQUA NY 10514
------------------------------------------------------------------------------------------------------------------------------------
Whitmore Group Ltd THE WHITMORE GROUP LTD Overlap GARDEN CITY NY 11530
------------------------------------------------------------------------------------------------------------------------------------
Young Agency THE YOUNG AGENCY INC Overlap SYRACUSE NY 13204
------------------------------------------------------------------------------------------------------------------------------------
Zaloom Associates Inc. ZALOOM ASSOCIATES, INC Overlap NEW YORK NY 10038
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
3-S Agencies Inc. 3-S AGENCIES INC PENN YAN NY 14527
E.F. ASHLEY COMPANY PITTSFORD NY 14534
BEAUMONT & STORK INC HAMMONDSPORT NY 14840
CASSETTA AGENCY, INC BUFFALO NY 14216
CIG INC CANANDAIGUA NY 14424
E. C. COOPER, INC WATKINS GLEN NY 14891
CRISTALDI-BARTISHEVICH AGENCY GENEVA NY 14456
DELMONICO ASSOCIATES, INC SYRACUSE NY 13203
LONG AGENCY INC MOUNT MORRIS NY 14510
DOUGLAS B. MILES AGENCY INC DUNDEE NY 14837
SEAWAY INSURANCE ASSOCIATES GASPORT NY 14067
SHEPARD, MAXWELL & HALE INS BR HAMLIN NY 14464
SHEPARD, MAXWELL & HALE INS BR HAMLIN NY 14464
GERARD P. SMITH AGENCY INC WEBSTER NY 14580
STORK & MANAHAN INSURANCE PENN YAN NY 14527
JAMES F TYRRELL INC VICTOR NY 14564
P.W. WOOD & SON INC ITHACA NY 14850
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AA Wyak Insurance Agency AA WYAK INSURANCE AGENCY, INC BINGHAMTON NY 13905
JOSEPH P. GAETANI BINGHAMTON NY 13904
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Abatelli Group ABATELLI GROUP, INC FLUSHING NY 11357
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Aegis Group of Central NY AEGIS GROUP OF CENTRAL NY, INC CICERO NY 13039
------------------------------------------------------------------------------------------------------------------------------------
Agri-Business Brokerage AGRI-BUSINESS BROKERAGE CORPOR EAST AURORA NY 14052
------------------------------------------------------------------------------------------------------------------------------------
Alfred C. Denti Ins. Agency ALFRED C. DENTI INSURANCE AGEN SOLVAY NY 13209
------------------------------------------------------------------------------------------------------------------------------------
Allan M Block ALLAN M BLOCK AGENCY INC TARRYTOWN NY 10591
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Aloia & McKinnon ALOIA & MCKINNON BROOKLYN NY 11209
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Alpiar & Papa Ins Agency ALPIAR & PAPA, INC LARCHMONT NY 10538
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Amaden Gay Agencies Inc. AMADEN GAY AGENCIES INC EAST HAMPTON NY 11937
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Amsure Associates AMSURE ASSOCIATES INC ALBANY NY 12205
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Anchor Agency ANCHOR AGENCY, INC ALBANY NY 12206
------------------------------------------------------------------------------------------------------------------------------------
Anderson-Van Horne Assoc ANDERSON-VAN HORNE ASSOCIATES CLIFTON SPRINGS NY 14432
------------------------------------------------------------------------------------------------------------------------------------
Armonk Harrison Ins. Agcy MILLER & MILLER INS AGENCY INC THORNWOOD NY 10594
------------------------------------------------------------------------------------------------------------------------------------
Associated Ins Agcy of Westches ASSOCIATED INS AGENCY OF WESTC ARMONK NY 10504
------------------------------------------------------------------------------------------------------------------------------------
Austin & Co. AUSTIN AND COMPANY, INC. ALBANY NY 12211
------------------------------------------------------------------------------------------------------------------------------------
Aversa Agency, Inc. AVERSA AGENCY, INC AUBURN NY 13021
DAVID J DEMPSEY KING FERRY NY 13081
------------------------------------------------------------------------------------------------------------------------------------
B&B Coverage Ltd. B & B COVERAGE LTD VALLEY STREAM NY 11582
------------------------------------------------------------------------------------------------------------------------------------
Banfield & Farrell Assoc BANFIELD & ASSOCIATES INC ITHACA NY 14850
------------------------------------------------------------------------------------------------------------------------------------
BANFIELD & FARRELL ASSOCIATES, ITHACA NY 14850
FARRELL-MESSLER AGENCY TRUMANSBURG NY 14886
------------------------------------------------------------------------------------------------------------------------------------
Becker & Assoc Planning Serv BECKER & ASSOC. PLANNING SERVI LYNBROOK NY 11563
BECKER & ASSOC. PLANNING SERVI LYNBROOK NY 11563
------------------------------------------------------------------------------------------------------------------------------------
Benedict, Borrelli, Russo & Tinervia LLA BENEDICT BORRELLI RUSSO & TINE NORTH WHITE PLAINS NY 10603
BENEDICT, CAFAGNO, & GRILLO WHITE PLAINS NY 10603
BORRELLI & RUSSO AGENCY RYE BROOK NY 10573
ROGER BUCHANAN AGENCY, INC WHITE PLAINS NY 10603
DANIELS AGENCY OF NY INC PAWLING NY 12564
DECESARE AGENCY INC YONKERS NY 10704
DECESARE-OTTO AGENCY YONKERS NY 10704
THE GOVERNALE AGENCY PAWLING NY 12564
BENEDICT, CAFAGNO, & GRILLO WHITE PLAINS NY 10603
THOMAS J. TOUB AGENCY MONTROSE NY 10548
------------------------------------------------------------------------------------------------------------------------------------
Benz-Sardinia Inc. BENZ-SARDINIA INC HAMBURG NY 14075
PAUL GARRICK AGENCY MEDINA NY 14103
PAUL GARRICK AGENCY MEDINA NY 14103
------------------------------------------------------------------------------------------------------------------------------------
Berger and Solomon Inc. BERGER AND SOLOMON INC ELLENVILLE NY 12428
------------------------------------------------------------------------------------------------------------------------------------
Berkely Brokerage Corp BERKELY BROKERAGE CORP MELVILLE NY 11747
------------------------------------------------------------------------------------------------------------------------------------
Bermack Champion & Lewine Inc. BERMACK, CHAMPION & LEWINE INC NEW YORK NY 10004
------------------------------------------------------------------------------------------------------------------------------------
BGH Group LLC BGH GROUP LLC THORNWOOD NY 10594
G H BUNT & ASSOCIATES, INC THORNWOOD NY 10594
FORBES AGENCY INC KATONAH NY 10536
THE GUION AGENCY, INC PLEASANTVILLE NY 10570
MAZZILLE HILLMANN & THORNTON I ELMSFORD NY 10523
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Bommersbach & Logue Agency BOMMERSBACH & LOGUE AGENCY, IN AUBURN NY 13021
------------------------------------------------------------------------------------------------------------------------------------
Bramley J & Associates J. BRAMLEY & ASSOCIATES, INC DELHI NY 13753
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Brighton Pittsford BRIGHTON PITTSFORD AGENCY, INC PITTSFORD NY 14534
------------------------------------------------------------------------------------------------------------------------------------
Brinckerhoff & Neuville BRINCKERHOFF & NEUVILLE, INC. FISHKILL NY 12524
POWERS AND HAAR, INC COLD SPRING NY 10516
VAIL AND SUTTON INC POUGHKEEPSIE NY 12601
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Brook, Hedley Agency HEDLEY BROOK AGENCY INC OLEAN NY 14760
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Burt Anthony Assoc BURT ANTHONY ASSOCIATES DELMAR NY 12054
C. CALLAHAN AGENCY, INC. SCHENECTADY NY 12303
CAPITOL HOMES AGENCY/ILLE AGEN SCHENECTADY NY 12303
BURT ANTHONY ASSOCIATES DELMAR NY 12054
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C & M First Services C & M FIRST SERVICES INC NEW YORK NY 10036
HAROLD L. LEE & SONS INC NEW YORK NY 10013
------------------------------------------------------------------------------------------------------------------------------------
C.W. Bostick, Inc. AMTECH INSURANCE BROKERS, INC LATHAM NY 12110
C.W. BOSTWICK INC HUDSON NY 12534
CLIENTS FIRST INSURANCE AGENCY BALLSTON LAKE NY 12019
CSB SECURITY INSURANCE AGENCY ALBANY NY 12211
ROSE SHEA ASSOCIATES INC SCHODACK NY 12061
STARK AGENCY-LATHAM COLONIE IN ALBANY NY 12211
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Cafarelli Agency ltd. CAFARELLI-JENSEN LTD SMITHTOWN NY 11787
------------------------------------------------------------------------------------------------------------------------------------
Campbell Solberg Associates CAMPBELL SOLBERG ASSOCIATES, I NEW YORK NY 10038
PORPORA ASSOCIATES INC STATEN ISLAND NY 10312
------------------------------------------------------------------------------------------------------------------------------------
Capacity Coverage of NJ ATLANTIC RISK SPECIALISTS, INC MAHWAH NJ 74950
CAPACITY COVERAGE COMPANY OF N MAHAW NJ 74950
------------------------------------------------------------------------------------------------------------------------------------
Cassidy & Rofrano CASSIDY & ROFRANO STATEN ISLAND NY 10307
ROBERT O. HAMPTON, INC STATEN ISLAND NY 10307
------------------------------------------------------------------------------------------------------------------------------------
Cayuga Agency Inc. CAYUGA AGENCY INC AUBURN NY 13022
------------------------------------------------------------------------------------------------------------------------------------
Century Coverage Corp CENTURY COVERAGE CORP VALLEY STREAM NY 11580
------------------------------------------------------------------------------------------------------------------------------------
Cerow Agency CEROW AGENCY INC CLAYTON NY 13624
------------------------------------------------------------------------------------------------------------------------------------
Charles P. Faso, Inc. CHARLES P. FASO INC KENMORE NY 14223
------------------------------------------------------------------------------------------------------------------------------------
Charles W. Merriam CHARLES W. MERRIAM AND SON,INC SCHENECTADY NY 12305
------------------------------------------------------------------------------------------------------------------------------------
Clarence Insurance Service CLARENCE INSURANCE SERVICE WILLIAMSVILLE NY 14221
------------------------------------------------------------------------------------------------------------------------------------
Columbia Diversified Coverage COLUMBIA DIVERSIFIED COVERAGE SYRACUSE NY 13206
CHARLES A WALKER CORPORATION SYRACUSE NY 13206
------------------------------------------------------------------------------------------------------------------------------------
Commercial Coverage Inc. COMMERCIAL COVERAGE, INC POUGHKEEPSIE NY 12603
------------------------------------------------------------------------------------------------------------------------------------
Community Insurance Agencies COMMUNITY INSURANCE AGENCIES CORINTH NY 12822
COMMUNITY INSURANCE AGENCIES CORINTH NY 12822
------------------------------------------------------------------------------------------------------------------------------------
Comprehensive Ins. Brokerage COMPREHENSIVE INSURANCE BROKER PELHAM NY 10803
------------------------------------------------------------------------------------------------------------------------------------
Conte Porrino Inc. CONTE PORRINO INC NEW YORK NY 10012
------------------------------------------------------------------------------------------------------------------------------------
COOK, HENDEL, & COX, INC COOK, HENDEL, & COX, INC GARDEN CITY NY 11530
------------------------------------------------------------------------------------------------------------------------------------
Coughlin Group THE COUGHLIN GROUP LARCHMONT NY 10538
------------------------------------------------------------------------------------------------------------------------------------
Coverage Consultants COVERAGE CONSULTANTS INC PARAMUS NJ 76520
------------------------------------------------------------------------------------------------------------------------------------
Coyne/Michaels Agency COYNE INSURANCE AGENCY ORCHARD PARK NY 14127
COYNE/MICHAELS AGENCY INC ORCHARD PARK NY 14126
FOREGUARD AGENCIES, INC ORCHARD PARK NY 14127
------------------------------------------------------------------------------------------------------------------------------------
Cue Brokerage CUE BROKERAGE CORP PATCHOGUE NY 11772
------------------------------------------------------------------------------------------------------------------------------------
D.V. Greco & Sons D.V. GRECO & SONS INC SCHENECTADY NY 12306
------------------------------------------------------------------------------------------------------------------------------------
D'Avanzo Agency THE D'AVANZO AGENCY SLOATSBURG NY 10974
------------------------------------------------------------------------------------------------------------------------------------
David D. Bradley, Inc. E.W. BAKER AGENCY SYRACUSE NY 13204
DAVID D. BRADLEY, INC LYONS NY 14489
DEPAUW AGENCY NEWARK NY 14513
LANGAN-SWETE AGENCY SYRACUSE NY 13204
STELL AGENCY NEWARK NY 14513
------------------------------------------------------------------------------------------------------------------------------------
David L. Sidle Agency DARLENE K. MCGILL INSURANCE AG TRUMANSBURG NY 14886
DAVID L. SIDLE AGENCY INC WATKINS GLEN NY 14891
------------------------------------------------------------------------------------------------------------------------------------
David R. Johnson & Assoc. DAVID R JOHNSON & ASSOCIATES EAST AURORA NY 14052
------------------------------------------------------------------------------------------------------------------------------------
Derosa Rockefeller,Sohi etc DEROSA, ROCKEFELLER, SOHIGIAN HARRISON NY 10528
------------------------------------------------------------------------------------------------------------------------------------
Dinolfo -Wilson DINOLFO-WILSON AGENCY INC RYE BROOK NY 10573
------------------------------------------------------------------------------------------------------------------------------------
Don Allen Agency, Inc. DON ALLEN AGENCY, INC. ROCHESTER NY 14625
T.J. CLARK AGENCY ROCHESTER NY 14692
HEYWOOD-MILLER AGENCY MUMFORD NY 14511
LANDON AGENCY AVON NY 14414
ROCHESTER AGENCY, INC. ROCHESTER NY 14692
TRI-VILLAGE AGENCY INC ROCHESTER NY 14625
------------------------------------------------------------------------------------------------------------------------------------
Dorian Agency DORIAN AGENCY LTD HAWTHORNE NY 10532
------------------------------------------------------------------------------------------------------------------------------------
Dougherty/Fuino Agency DOUGHERTY/FUINO AGENCY INC ROCHESTER NY 14615
------------------------------------------------------------------------------------------------------------------------------------
DPW Agency Inc. DPW AGENCY INC AUBURN NY 13021
------------------------------------------------------------------------------------------------------------------------------------
E.H. Wimperis E.H.WIMPERIS & CO., INC FISHKILL NY 12524
------------------------------------------------------------------------------------------------------------------------------------
E.T. Clauss & Co. E. T. CLAUSS & COMPANY, INC. BUFFALO NY 14240
------------------------------------------------------------------------------------------------------------------------------------
Edmund D. Stevens EDMUND D STEVENS INC BUFFALO NY 14202
------------------------------------------------------------------------------------------------------------------------------------
Edward E. Hall And Company EDWARD E. HALL & CO HUNTINGTON NY 11743
------------------------------------------------------------------------------------------------------------------------------------
Eifert, French & Ketchum BELLESHEIM & MANCINELLI INC YORKTOWN HEIGHTS NY 10598
EIFERT, FRENCH & KETCHUM PELHAM NY 10803
EIFERT, FRENCH & KETCHUM PELHAM NY 10803
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Elite Insurance Agency ELITE INSURANCE AGENCY LAKE SUCCESS NY 11042
------------------------------------------------------------------------------------------------------------------------------------
EMS Group EMERLING AGENCY LLC WILLIAMSVILLE NY 14221
EMS GROUP WILLIAMSVILLE NY 14221
MCMAHON AGENCY INC BUFFALO NY 14226
STAHLKA AGENCY, INC WILLIAMSVILLE NY 14221
------------------------------------------------------------------------------------------------------------------------------------
Evans & Associates EVANS INTERNATIONAL ROCKVILLE CENTRE NY 11570
------------------------------------------------------------------------------------------------------------------------------------
Faley Corporation The THE FALEY CORPORATION YONKERS NY 10710
------------------------------------------------------------------------------------------------------------------------------------
Fay & Maloney Agency FAY & MALONEY AGENCY, INC BEDFORD HILLS NY 10507
------------------------------------------------------------------------------------------------------------------------------------
Filos Agency inc. FILOS AGENCY, INC LONG BEACH NY 11561
------------------------------------------------------------------------------------------------------------------------------------
First Niagara Risk Management FIRST NIAGARA RISK MANAGEMENT AMHERST NY 14228
FIRST NIAGARA RISK MGMT INC. ROCHESTER NY 14625
------------------------------------------------------------------------------------------------------------------------------------
Floss Agency Inc FLOSS AGENCY, INC, EAST AMHERST NY 14051
------------------------------------------------------------------------------------------------------------------------------------
Frank J Abate, Inc. FRANK J. ABATE, INC LYNBROOK NY 11563
------------------------------------------------------------------------------------------------------------------------------------
Friedlander Group Inc FRIEDLANDER GROUP, INC PURCHASE NY 10577
------------------------------------------------------------------------------------------------------------------------------------
Galvin & Haines GALVIN AND HAINES INC CORNING NY 14830
------------------------------------------------------------------------------------------------------------------------------------
Garber Atlas Fries Assoc GARBER ATLAS FRIES & ASSOCIATE LYNBROOK NY 11563
------------------------------------------------------------------------------------------------------------------------------------
Gates-Cole Assoc GATES COLE ASSOC., INC WEST WINFIELD NY 13491
------------------------------------------------------------------------------------------------------------------------------------
Genatt Associates GENATT ASSOCIATES INC NEW HYDE PARK NY 10042
------------------------------------------------------------------------------------------------------------------------------------
George V. Bullen & Sons, Inc. GEORGE V. BULLEN & SON, INC GREAT NECK NY 11023
------------------------------------------------------------------------------------------------------------------------------------
Gerelli Insurance Agency GERELLI INS. AGENCY, INC COLD SPRING NY 10516
------------------------------------------------------------------------------------------------------------------------------------
Gernold Agency GERNOLD AGENCY, INC ORCHARD PARK NY 14127
------------------------------------------------------------------------------------------------------------------------------------
Glacken Group GLACKEN GROUP, INC FREEPORT NY 11520
------------------------------------------------------------------------------------------------------------------------------------
Global Planning Corp GLOBAL PLANNING CORPORATION GREAT NECK NY 11022
------------------------------------------------------------------------------------------------------------------------------------
Global Underwriters Agency GLOBAL UNDERWRITERS AGENCY INC BALLSTON LAKE NY 12019
------------------------------------------------------------------------------------------------------------------------------------
Grace Insurance GRACE INSURANCE HICKSVILLE NY 11801
------------------------------------------------------------------------------------------------------------------------------------
Grant, Smith & Dassler Inc GRANT, SMITH & DASSLER, INC PEARL RIVER NY 10965
------------------------------------------------------------------------------------------------------------------------------------
Grober Imbey Agency GROBER IMBEY AGENCY VALLEY STREAM NY 11580
------------------------------------------------------------------------------------------------------------------------------------
Guilderland Agency Inc. GUILDERLAND AGENCY, INC ALBANY NY 12203
------------------------------------------------------------------------------------------------------------------------------------
Hack Agency Inc THE HACK AGENCY INC MOUNT KISCO NY 10549
------------------------------------------------------------------------------------------------------------------------------------
Hallahan McGuiness & Lory HALLAHAN MCGUINNESS & LORYS, L RYE BROOK NY 10573
HARRISON AGENCY RYE BROOK NY 10573
------------------------------------------------------------------------------------------------------------------------------------
Haller-Zaremba & Co Inc. THE HALLER AGENCY INC WILLISTON PARK NY 11596
------------------------------------------------------------------------------------------------------------------------------------
Hamill/Regional Valley HAMILL/REGIONAL VALLEY AGENCY ROCHESTER NY 14621
HAMILL/REGIONAL VALLEY AGENCY ROCHESTER NY 14621
------------------------------------------------------------------------------------------------------------------------------------
Handwerger & Sons Inc. HANDWERGER & SONS, INC WHITE PLAINS NY 10604
------------------------------------------------------------------------------------------------------------------------------------
Hickey & Hickey HICKEY AND HICKEY BEDFORD NY 10506
------------------------------------------------------------------------------------------------------------------------------------
Hirschfeld J W Agency J.W. HIRSCHFELD AGENCY, INC HUNTINGTON NY 11743
------------------------------------------------------------------------------------------------------------------------------------
Holler-Grapes Agency HOLLER-GRAPES INSURANCE AGENCY TONAWANDA NY 14150
------------------------------------------------------------------------------------------------------------------------------------
HRH Consulting Group HRH CONSULTING GROUP LLC MELVILLE NY 11747
------------------------------------------------------------------------------------------------------------------------------------
Hudson-Sound Brokerage Corp HUDSON-SOUND BROKERAGE CORP SOMERS NY 10589
------------------------------------------------------------------------------------------------------------------------------------
Hughson Benson HUGHSON & BENSON ASSOCIATES ONEONTA NY 13820
HUGHSON & BENSON ASSOCIATES ONEONTA NY 13820
HUGHSON & BENSON ASSOCIATES ONEONTA NY 13820
------------------------------------------------------------------------------------------------------------------------------------
Huguenot-National HUGUENOT-NATIONAL, INC LARCHMONT NY 10538
------------------------------------------------------------------------------------------------------------------------------------
Independent Network Systems S. ALBERT AGENCY ROCHESTER NY 14610
BRANCH THOMPSON AGENCY, INC EAST ROCHESTER NY 14445
CANALTOWN INSURANCE AGENCY, IN FAIRPORT NY 14450
CEDARWOOD INSURANCE PARTNERS FAIRPORT NY 14450
D G & M AGENCY, INC ROCHESTER NY 14610
EDWARD R. DUNDAS AGENCY NEWARK NY 14513
FAZIO AGENCY, INC ROCHESTER NY 14623
FOLEY AGENCY, INC WEBSTER NY 14580
KIRCHER INSURANCE AGENCY PITTSFORD NY 14534
INDEPENDENT AFFILIATED AGENCIE EAST ROCHESTER NY 14445
INDEPENDENT NETWORK SYSTEMS IN EAST ROCHESTER NY 14445
KIRCHER INSURANCE AGENCY PITTSFORD NY 14534
KUHN & PEDULLA AGENCY, INC WEBSTER NY 14580
TERRY POWELL INSURANCE AGENCY VICTOR NY 14564
RALSTON AGENCY INC ROCHESTER NY 14610
ROUNDS INSURANCE AGENCY ADDISON NY 14801
GREGORY L SCHAFFER INSURANCE A ROCHESTER NY 14616
SLOCUM LAUDER AGENCY, INC FAIRPORT NY 14450
TURNER AGENCY, INC EAST ROCHESTER NY 14445
UNITY AGENCY, INC FAIRPORT NY 14450
CHRISTOPHER WILLIAMS AGENCY, I PITTSFORD NY 14534
------------------------------------------------------------------------------------------------------------------------------------
Insight Companies Inc. (Steinberg) INSIGHT COMPANIES INC PLAINVIEW NY 11803
------------------------------------------------------------------------------------------------------------------------------------
Insurance Center of WNY HUNT-VANNER ASSOCIATES INC WILLIAMSVILLE NY 14221
INSURANCE CENTER OF WESTERN N. BUFFALO NY 14203
THE POLICYMAKERS, INC AMHERST NY 14228
RALPH J. VANNER & ASSOC. INC AMHERST NY 14228
------------------------------------------------------------------------------------------------------------------------------------
Integrated Brokerage Services INTEGRATED BROKERAGE SERVICES WESTBURY NY 11590
------------------------------------------------------------------------------------------------------------------------------------
Iroquois Services Corp BRANCH-STROWE AGENCY FAIRPORT NY 14450
CALBRANCH, INC CALEDONIA NY 14423
CAMERON GROUP, INC NANUET NY 10954
ROBERT B. CROWELL AGENCY INC ARKPORT NY 14807
EVERGREEN PARTNERS, INC OLEAN NY 14760
THE GAGE AGENCY, INC MIDDLETOWN NY 10940
IROQUOIS SERVICES CORP OLEAN NY 14760
THE MOUNT PLEASANT AGENCY PLEASANTVILE NY 10570
FRANK J. REY SLEEPY HOLLOW NY 10591
SPENCER AGENCY INC SPENCER NY 14883
STROWE AGENCY INC FAIRPORT NY 14450
THOMAS J VETTER WEBSTER NY 14580
------------------------------------------------------------------------------------------------------------------------------------
Island Risk Management ISLAND RISK MANAGEMENT ASSOC. HUNTINGTON STATION NY 11746
------------------------------------------------------------------------------------------------------------------------------------
J M F Risk Management J M F RISK MANAGEMENT, INC BRIARCLIFF MANOR NY 10510
------------------------------------------------------------------------------------------------------------------------------------
J. Lisuzzo Insurance Agency LISUZZO INSURANCE AGENCY INC ALBANY NY 12205
------------------------------------------------------------------------------------------------------------------------------------
J.B. True Company J B TRUE COMPANY, INC ITHACA NY 14850
------------------------------------------------------------------------------------------------------------------------------------
James Cecil Agency, Inc. THE JAMES CECIL AGENCY INC FAIRPORT NY 14450
------------------------------------------------------------------------------------------------------------------------------------
JD Chapman Agency J.D. CHAPMAN AGENCY, INC MACEDON NY 14502
MEAD-MALOY / ELY & LEENE AGENC NEWARK NY 14513
------------------------------------------------------------------------------------------------------------------------------------
MEAD-MALOY AGENCY INC CLYDE NY 14433
------------------------------------------------------------------------------------------------------------------------------------
John Chanler, Inc. JOHN W. CHANLER AGENCY, INC. LIVONIA NY 14487
------------------------------------------------------------------------------------------------------------------------------------
John Ecker, Inc. JOHN ECKER INC MONTAUK NY 11954
------------------------------------------------------------------------------------------------------------------------------------
John J. Glennon JOHN J. GLENNON INC SMITHTOWN NY 11787
------------------------------------------------------------------------------------------------------------------------------------
John L. Vorbach Company JOHN L. VORBACH COMPANY, INC NEW YORK NY 10006
------------------------------------------------------------------------------------------------------------------------------------
John Sweeney Agency JOHN G. SWEENEY AGENCY, INC PHELPS NY 14532
------------------------------------------------------------------------------------------------------------------------------------
Jones & Doldo Gen Insurance JONES AND DOLDO GENERAL INSURA WATERTOWN NY 13601
------------------------------------------------------------------------------------------------------------------------------------
Joseph P. Price Agency, Inc. JOSEPH P. PRICE AGENCY INC HOLTSVILLE NY 11742
------------------------------------------------------------------------------------------------------------------------------------
Kenneth Bieber, Inc. KENNETH BIEBER INC NEW YORK NY 10017
------------------------------------------------------------------------------------------------------------------------------------
Ketchum Agency Inc. THE KETCHUM AGENCY INC SYRACUSE NY 13206
------------------------------------------------------------------------------------------------------------------------------------
Koch Group Inc. AFI ASSOCIATES, INC ROCKY POINT NY 11778
WILLIAM V. DOYLE AGENCY INC BETHPAGE NY 11714
GENERAL ASSOCIATES, INC BALDWIN NY 11510
GEORGE J HACKETT JR INS. AGENC BALDWIN NY 11510
KOCH GROUP INC BALDWIN NY 11510
LOUIS KOCH INSURANCE AGENCIES, BALDWIN NY 11510
------------------------------------------------------------------------------------------------------------------------------------
Landmark Group of Brighton LANDMARK GROUP OF BRIGHTON, IN ROCHESTER NY 14623
------------------------------------------------------------------------------------------------------------------------------------
Landmark Planning Group THE VALENTINE AGENCY, INC MINEOLA NY 11501
------------------------------------------------------------------------------------------------------------------------------------
Legacy Agency Inc. BRANIECKI AGENCY WILLIAMSVILLE NY 14221
BRONKIE AGENCY, INC WILLIAMSVILLE NY 14221
DUNLAP & BAJAK INC WILLIAMSVILLE NY 14221
FRANZ MANNO SERVICE CORP WILLIAMSVILLE NY 14231
GUGINO INSURANCE AGENCY INC WILLIAMSVILLE NY 14221
LEGACY AGENCY INC WILLIAMSVILLE NY 14221
SCHMITT & KRAFT INC WILLIAMSVILLE NY 14221
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Licata, Coyle & Marroccoli LICATA COYLE & MARROCCOLI INC NEW CITY NY 10956
------------------------------------------------------------------------------------------------------------------------------------
Livingston Insurance LIVINGSTON INSURANCE AGENCY, I GENESEO NY 14454
------------------------------------------------------------------------------------------------------------------------------------
Lombard Insurance Agency JAMES LOMBARD AGENCY OF ROCHES ROCHESTER NY 14607
------------------------------------------------------------------------------------------------------------------------------------
MacDonald/Yando MACDONALD-YANDO AGENCY, INC VERONA NY 13478
THE ROWAN GROUP INC WHITESBORO NY 13492
------------------------------------------------------------------------------------------------------------------------------------
Main Street Group Ltd. DUXBURY AND HERMANS INC MILLERTON NY 12546
FRALEIGH & RAKOW INC RHINEBECK NY 12572
PLEASANT VALLEY AGENCY INC PLEASANT VALLEY NY 12569
------------------------------------------------------------------------------------------------------------------------------------
Mallia Sykes SYKES-MALLIA ASSOCIATES, INC SCHENECTADY NY 12305
------------------------------------------------------------------------------------------------------------------------------------
Maloy Risk Services Inc. MALOY RISK SERVICES INC PRINCETON NJ 85405
------------------------------------------------------------------------------------------------------------------------------------
Maran Corporate Risk Associates Inc. MARAN CORPORATE RISK ASSOCIATE SOUTHAMPTON NY 11968
------------------------------------------------------------------------------------------------------------------------------------
Marcil R Assoc Inc. R. MARCIL ASSOCIATES INC SCHENECTADY NY 12309
------------------------------------------------------------------------------------------------------------------------------------
Mark J. Jacoby Associates MARK J. JACOBY ASSOCIATES INC ROSLYN HEIGHTS NY 11577
------------------------------------------------------------------------------------------------------------------------------------
Marks Jerome Agency LLC JEROME M. MARKS AGENCY ROCHESTER NY 14623
------------------------------------------------------------------------------------------------------------------------------------
Masterson Ingram & Assoc MASTERSON INGRAM & ASSOCIATES, PATTERSON NY 12563
------------------------------------------------------------------------------------------------------------------------------------
McCartney & Rosenberry Group MCCARTNEY & ROSENBERRY GROUP I ARDSLEY NY 10502
------------------------------------------------------------------------------------------------------------------------------------
Melville Associates MELVILLE ASSOCIATES, INC MELVILLE NY 11747
------------------------------------------------------------------------------------------------------------------------------------
Michael G. Wittkowski Agency CURRAN COONEY PENNY AGENCY ROSLYN HEIGHTS NY 11577
CURRAN COONEY PENNY AGENCY ROSLYN HEIGHTS NY 11577
MICHAEL G. WITTKOWSKI AGENCY, ROSLYN HEIGHTS NY 11577
------------------------------------------------------------------------------------------------------------------------------------
Mid York Associates, Inc. GEORGE B. BAILEY AGENCY, INC DRYDEN NY 13053
H.A.CAREY COMPANY, INC ITHACA NY 14850
ROBERT C. DEMPSEY AGENCY GROTON NY 13073
HAYES AGENCY, INC TULLY NY 13159
MID YORK ASSOCIATES, INC TULLY NY 13159
ROBINSON-BAILEY AGENCY, INC TULLY NY 13159
TANNER-IBBOTSON, INC CORTLAND NY 13045
------------------------------------------------------------------------------------------------------------------------------------
Miller & Miller Insurance MILLER & MILLER INS. AGCY., IN THORNWOOD NY 10594
------------------------------------------------------------------------------------------------------------------------------------
Mitchell-Joseph Farm & Country MITCHELL-JOSEPH FARM & COUNTRY NAPLES NY 14512
MITCHELL-JOSEPH FARM & COUNTRY NAPLES NY 14512
------------------------------------------------------------------------------------------------------------------------------------
MLW Services MLW SERVICES INC NEW YORK NY 10038
------------------------------------------------------------------------------------------------------------------------------------
Moran Insurance Agency Inc MORAN INSURANCE AGENCY, INC JAMESVILLE NY 13078
------------------------------------------------------------------------------------------------------------------------------------
Morley Agency Inc The THE MORLEY AGENCY INC SOUTHAMPTON NY 11969
------------------------------------------------------------------------------------------------------------------------------------
Moses Group AMEDEO J.DUKE AGENCY, INC WILLIAMSVILLE NY 14221
MOSES GROUP INC BUFFALO NY 14221
------------------------------------------------------------------------------------------------------------------------------------
Moss & Sullivan MOSS & SULLIVAN, INC WILLIAMSVILLE NY 14221
------------------------------------------------------------------------------------------------------------------------------------
Multi-Line Professionals MULTI-LINE PROFESSIONALS E.AMHERST NY #N/A
------------------------------------------------------------------------------------------------------------------------------------
Murray Schoen & Homer MURRAY, SCHOEN & HOMER, INC NEW ROCHELLE NY 10802
------------------------------------------------------------------------------------------------------------------------------------
Naccarato Ins. Agency THE NACCARATO INS. AGCY., INC SAUGERTIES NY 12477
------------------------------------------------------------------------------------------------------------------------------------
Neefus-Stype Agency inc. NEEFUS-STYPE AGENCY INC AQUEBOGUE NY 11931
JOS. L. TOWNSEND, INC. SN AQUEBOGUE NY 11931
------------------------------------------------------------------------------------------------------------------------------------
Newbridge Coverage Corp CHAVE-SCHLEIF AGENCY INC INWOOD NY 11096
NEWBRIDGE COVERAGE NORTH BELLMORE NY 11710
------------------------------------------------------------------------------------------------------------------------------------
NGL Group LLC NGL GROUP LLC LYNBROOK NY 11563
------------------------------------------------------------------------------------------------------------------------------------
Nicoll and MacChesney Inc NICOLL AND MACCHESNEY, INC TROY NY 12180
------------------------------------------------------------------------------------------------------------------------------------
Northwoods Corp. AVON INSURANCE AGENCY AVON NY 14414
CHEEKTOWAGA AGENCY INC CHEEKTOWAGA NY 14227
COMO PARK AGENCY, INC CHEEKTOWAGA NY 14227
DIEM & BUERGER AGENCY INC ORCHARD PARK NY 14127
GENEVA INSURANCE AGENCY GENEVA NY 14456
GURNEY, BECKER & BOURNE BUFFALO NY 14203
INSURANCE AGENCY OF WESTERN NE ORCHARD PARK NY 14127
JUNG, TIMM & LEHNING INSURANCE DERBY NY 14047
THE NORTHWOODS CORPORATION WILLIAMSVILLE NY 14221
POTTER,HARRIS & SCHERRER AGENC WILLIAMSVILLE NY 14221
RUH AGENCY INC BUFFALO NY 14203
SENTZ-CARLSON AGENCY, INC NORTH TONAWANDA NY 14120
SODUS INSURANCE AGENCY SODUS NY 14551
STANTON, RYAN & DAUER AGENCY ORCHARD PARK NY 14127
TRANK & ASSOCIATES AGENCY, INC SOUTH WALES NY 14139
------------------------------------------------------------------------------------------------------------------------------------
Norton and Siegel Inc. THE LUNT AGENCY INC BABYLON NY 11702
NORTON & SIEGEL INC. BABYLON NY 11702
------------------------------------------------------------------------------------------------------------------------------------
Noto Joseph L Agency JOSEPH L. NOTO AGENCY, INC TONAWANDA NY 14217
------------------------------------------------------------------------------------------------------------------------------------
Nydec Brokerage Corp. NYDEC BROKERAGE CORP NEW YORK NY 10038
------------------------------------------------------------------------------------------------------------------------------------
Oswego Valley Insurance Agencies BARRETT AGENCY OSWEGO NY 13126
DOWD & HARRINGTON AGENCY OSWEGO NY 13126
OSWEGO VALLEY AGENCIES LLC FULTON NY 13069
STREETER & VAN SANFORD, INC FULTON NY 13069
------------------------------------------------------------------------------------------------------------------------------------
Palmer Agency PALMER AGENCY, INC CARMEL NY 10512
------------------------------------------------------------------------------------------------------------------------------------
Paris-Kirwan Associates PARIS-KIRWAN ASSOCIATES, INC ROCHESTER NY 14604
SATELLITE INSURANCE AGENCY OF ROCHESTER NY 14604
------------------------------------------------------------------------------------------------------------------------------------
Partners Ellis-Edson-Beaudry THE PARTNERS VESTAL NY 13850
------------------------------------------------------------------------------------------------------------------------------------
Pastorelle Agency Inc. PASTORELLE AGENCY, INC ROCHESTER NY 14622
------------------------------------------------------------------------------------------------------------------------------------
Pega Risk Managers SCAUTUB AGENCY INC SCHENECTADY NY 12305
------------------------------------------------------------------------------------------------------------------------------------
Petrella Agency PETRELLA AGENCY INC BUFFALO NY 14217
------------------------------------------------------------------------------------------------------------------------------------
Petschauer John Inc. KLEINPETER / PETSCHAUER AGENCY RIDGEWOOD NY 11385
JOHN PETSCHAUER INC RIDGEWOOD NY 11385
------------------------------------------------------------------------------------------------------------------------------------
Pilaroscia PILAROSCIA AGENCY INC ROCHESTER NY 14625
------------------------------------------------------------------------------------------------------------------------------------
Pollak Associates LLC POLLAK ASSOCIATES, LLC GREAT NECK NY 11021
------------------------------------------------------------------------------------------------------------------------------------
Profile Coverage Associates PROFILE COVERAGE ASSOCIATES LL RONKONKOMA NY 11779
PROFILE COVERAGE CORP RONKONKOMA NY 11779
------------------------------------------------------------------------------------------------------------------------------------
R M S C O Inc. R M S C O INC LIVERPOOL NY 13088
------------------------------------------------------------------------------------------------------------------------------------
R&W Brokerage Inc R & W BROKERAGE INC LYNBROOK NY 11563
------------------------------------------------------------------------------------------------------------------------------------
R.J. Fregenti R.J. FREGENTI ASSOCIATES, INC JERICHO NY 11753
------------------------------------------------------------------------------------------------------------------------------------
Rampart Brokerage Corp RAMPART BROKERAGE CORP LAKE SUCCESS NY 11042
------------------------------------------------------------------------------------------------------------------------------------
RIA Group RIA GROUP, INC JERICHO NY 11753
------------------------------------------------------------------------------------------------------------------------------------
Robert J. Hanafin ROBERT J. HANAFIN, INC ENDICOTT NY 13760
------------------------------------------------------------------------------------------------------------------------------------
Robert Kelly General Ins. ROBERT L. KELLY GENERAL INSURA SYRACUSE NY 13202
------------------------------------------------------------------------------------------------------------------------------------
Rochester Insurance Partners MANNELLA CORPORATION WEBSTER NY 14580
ROCHESTER INSURANCE PARTNERS A WEBSTER NY 14580
WALTER C. TAYLOR AGENCY, INC WEBSTER NY 14580
------------------------------------------------------------------------------------------------------------------------------------
Rosen & Company ROSEN & COMPANY, INC ARMONK NY 10504
------------------------------------------------------------------------------------------------------------------------------------
Roy H. Reeve Agency ROY H REEVE AGENCY, INC. MATTITUCK NY 11952
------------------------------------------------------------------------------------------------------------------------------------
Safe Harbour Group Ltd SAFE HARBOUR GROUP LTD WEST NYACK NY 10994
------------------------------------------------------------------------------------------------------------------------------------
Salerno Brokerage Corp SALERNO BROKERAGE CORP SYOSSET NY 11791
------------------------------------------------------------------------------------------------------------------------------------
Sammis Smith & Brush SAMMIS INSURANCE BROKERAGE INC WOODBURY NY 11797
------------------------------------------------------------------------------------------------------------------------------------
Samuel Weisman & Sons SAMUEL WEISMAN & SONS INC. LYNBROOK NY 11563
------------------------------------------------------------------------------------------------------------------------------------
Savitch Agency Inc. SAVITCH AGENCY INC BINGHAMTON NY 13902
------------------------------------------------------------------------------------------------------------------------------------
Scalzo Zogby Wittig SCALZO, ZOGBY AND WITTIG, INC NEW HARTFORD NY 13413
------------------------------------------------------------------------------------------------------------------------------------
Scarsdale Agency SCARSDALE AGENCY INC SCARSDALE NY 10583
------------------------------------------------------------------------------------------------------------------------------------
Schaeffer Insurance Agency HAROLD B. KILLMORE INSURANCE A SYRACUSE NY 13215
MANLIUS INSURANCE AGENCY, INC MANLIUS NY 13104
O'CONNOR WILLSON & LYONS AGENC CAMILLUS NY 13031
PARSONS COTE & COMPANY, INC N. SYRACUSE NY 13212
SALANGER & HAYWARD AGENCY, INC SYRACUSE NY 13206
SCHAEFFER INSURANCE AGENCY N. SYRACUSE NY 13212
------------------------------------------------------------------------------------------------------------------------------------
Schmutter Strull Fleisch Inc. SCHMUTTER STRULL FLEISCH INC NEW YORK NY 10038
------------------------------------------------------------------------------------------------------------------------------------
Schultz Group of NY SCHULTZ GROUP OF NEW YORK INC ROCHESTER NY 14623
STAN STEELE AGENCY, INC BLOOMFIELD NY 14469
------------------------------------------------------------------------------------------------------------------------------------
Scovotti & Company SCOVOTTI & COMPANY INC BRONX NY 10461
------------------------------------------------------------------------------------------------------------------------------------
SCS Agency SCS AGENCY INC GREAT NECK NY 11021
------------------------------------------------------------------------------------------------------------------------------------
Secur-All Agency SECUR-ALL AGENCY, INC PLAINVIEW NY 11803
------------------------------------------------------------------------------------------------------------------------------------
Select Agencies Group SELECT AGENCIES GROUP LLC DERUYTER NY 13052
SKEELE AGENCY, INC DERUYTER NY 13052
------------------------------------------------------------------------------------------------------------------------------------
Skalny SKALNY INSURANCE AGENCY ROCHESTER NY 14606
------------------------------------------------------------------------------------------------------------------------------------
Skivington-Mendon Agency BOUGHNER-RABIDEAU AGENCY N. CHILI NY 14514
BOUGHNER-RABIDEAU AGENCY N. CHILI NY 14514
GEORGIANNA MACDONALD AGENCY, I ROCHESTER NY 14625
SKIVINGTON-MENDON AGENCY INC NORTH CHILI NY 14514
CHARLES H. TUKE AGENCY, INC ROCHESTER NY 14692
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SKNS BROWN & STROMECKI AGENCY, INC. ORCHARD PARK NY 14127
A. A. NODINE LOCKPORT NY 14095
S K N S ORCHARD PARK NY 14127
J. G. SZALAY CO. INC BOSTON NY 14025
------------------------------------------------------------------------------------------------------------------------------------
Snedeker-Jenkins Agency THE SNEDEKER JENKINS AGENCY, I MANHASSET NY 11030
------------------------------------------------------------------------------------------------------------------------------------
Soaring Cluster JAMES V. CLUNE AGENCY INC ELMIRA NY 14902
CORNING & PAINTED POST INS.AGC CORNING NY 14830
COSEO AGENCY INC ELMIRA NY 14901
HAHN AGENCY, INC. ENDICOTT NY 13760
SOARING CLUSTER, LLC ELMIRA NY 14901
SWAN AND SONS-MORSS COMPANY, I ELMIRA NY 14902
------------------------------------------------------------------------------------------------------------------------------------
Southern Tier Ins Serv CARLSON CUSIMANO JAMESTOWN NY 14701
GLATZ AGENCY JAMESTOWN NY 14701
RHOE B. HENDERSON AGENCY, INC JAMESTOWN NY 14702
GLATZ AGENCY JAMESTOWN NY 14701
SOUTHERN TIER INSURANCE SERVIC JAMESTOWN NY 14702
------------------------------------------------------------------------------------------------------------------------------------
Spataro Insurance Agency SPATARO INSURANCE AGENCY INC BURNT HILLS NY 12027
------------------------------------------------------------------------------------------------------------------------------------
Sprague LLOYD D. SPRAGUE & SON, INC. CORNING NY 14830
------------------------------------------------------------------------------------------------------------------------------------
Standard Group Affiliates Inc. STANDARD GROUP AFFILIATES INC WILLISTON PARK NY 11596
------------------------------------------------------------------------------------------------------------------------------------
Steinmiller Assoc. Inc. STEINMILLER ASSOCIATES INC WEBSTER NY 14580
------------------------------------------------------------------------------------------------------------------------------------
Sterling & Sterling RESPONSE BROKERAGE INC WOODBURY NY 11797
------------------------------------------------------------------------------------------------------------------------------------
Steve Cardell, Inc. STEVE CARDELL INC ENDWELL NY 13762
------------------------------------------------------------------------------------------------------------------------------------
Sullivan Shugrue & Lucie SULLIVAN SHUGRUE & LUCIE AGENC FARMINGDALE NY 11735
------------------------------------------------------------------------------------------------------------------------------------
Sullivan, James S. Agency JAMES S SULLIVAN AGENCY INC WAYLAND NY 14571
------------------------------------------------------------------------------------------------------------------------------------
Sutton & Tarantino Ins SUTTON & TARANTINO INSURANCE A SARATOGA SPRINGS NY 12866
------------------------------------------------------------------------------------------------------------------------------------
The Feltner Group THE FELTNER GROUP INC SPENCERPORT NY 14559
------------------------------------------------------------------------------------------------------------------------------------
The Misner Agency, Inc. THE MISNER AGENCY INC WOODBOURNE NY 12788
LEE TITUS ASSOCIATES INC WALLKILL NY 12589
------------------------------------------------------------------------------------------------------------------------------------
The Mogil Organization THE MOGIL ORGANIZATION NEW YORK NY 10016
THE MOGIL ORGANIZATION NEW YORK NY 10016
PARKER BROKERAGE CO., INC NEW YORK NY 10016
------------------------------------------------------------------------------------------------------------------------------------
The Rollins Agency, Inc. HUDSON VALLEY AGENCY ALLIANCE TUCKAHOE NY 10707
ROLLINS AGENCY, INC TUCKAHOE NY 10707
------------------------------------------------------------------------------------------------------------------------------------
Turnbull Insurance Agency FALLS INSURANCE AGENCY, INC ORISKANY FALLS NY 13425
TURNBULL INSURANCE SERVICE NEW HARTFORD NY 13413
------------------------------------------------------------------------------------------------------------------------------------
Ulrich & Company BOWER INSURANCE AGENCY, INC LOCKPORT NY 14094
CONNOLLY, RICHARDS & ULRICH LOCKPORT NY 14094
ULRICH AND CO LOCKPORT NY 14094
------------------------------------------------------------------------------------------------------------------------------------
United Insurance Agency UNITED INSURANCE AGENCY, INC AMHERST NY 14228
------------------------------------------------------------------------------------------------------------------------------------
W E Barrett, Inc. W.E. BARRETT, INC ELMSFORD NY 10523
------------------------------------------------------------------------------------------------------------------------------------
W H Insurance Agency W H INSURANCE AGENCY, INC ELMIRA NY 14901
------------------------------------------------------------------------------------------------------------------------------------
W. Joseph McPhillips MCPHILLIPS GRANT AGENCY LAKE LUZERNE NY 12846
MCPHILLIPS NORTHERN, INC WARRENSBURG NY 12885
W. JOSEPH MCPHILLIPS, INC GLENS FALLS NY 12801
------------------------------------------------------------------------------------------------------------------------------------
Walsdorf Agency Inc. WALSDORF INSURANCE AGENCY HUNTINGTON NY 11743
------------------------------------------------------------------------------------------------------------------------------------
Walsh Duffield Companies Inc JACOB HAUCK AGENCY HAMBURG NY 14075
WALSH DUFFIELD COMPANIES, INC BUFFALO NY 14203
------------------------------------------------------------------------------------------------------------------------------------
Walsh Jones Agency F J MARSHALL CO INC EAST AURORA NY 14052
WALSH JONES AGENCY INC WEST SENECA NY 14224
------------------------------------------------------------------------------------------------------------------------------------
Walter J. McDonald & Assoc JACKSON MASTERSON LTD GARDEN CITY NY 11530
FREDERICK MIZE ASSOCIATES, INC GARDEN CITY NY 11530
THE TOWN AGENCY, INC. GARDEN CITY NY 11530
WOOD & WEST INC GARDEN CITY NY 11530
------------------------------------------------------------------------------------------------------------------------------------
Westchester-Putnam Brok BNC INSURANCE AGENCY INC MAMARONECK NY 10543
MICHAEL DONNELLY ELMSFORD NY 10523
SCAVONE INSURANCE CENTER WHITE PLAINS NY 10605
WESTCHESTER-PUTNAM BROKERAGE A PEEKSKILL NY 10566
------------------------------------------------------------------------------------------------------------------------------------
William E. Morrell, Inc. WILLIAM E MORRELL INC WHITE PLAINS NY 10601
JAMES J. THEISS WHITE PLAINS NY 10603
------------------------------------------------------------------------------------------------------------------------------------
Williams & Williams Inc. WHITE & WHITE SMITHTOWN NY 11787
WILLIAMS & WILLIAMS INC SMITHTOWN NY 11787
------------------------------------------------------------------------------------------------------------------------------------
WIN LLC C. W. BAKER INSURANCE AGENCY, LOCKPORT NY 14094
DICKENSON-FOLTZ AGENCY INC LOCKPORT NY 14094
L.R. FRANK & ASSOCIATES, INC WILLIAMSVILLE NY 14221
THE LEWISTON INSURANCE AGENCY LEWISTON NY 14092
L J STEIN & COMPANY INC LAKEWOOD NY 14750
WIN LLC LOCKPORT NY 14094
------------------------------------------------------------------------------------------------------------------------------------
Winfield Group THE WINFIELD GROUP INC CLIFTON PARK NY 12065
------------------------------------------------------------------------------------------------------------------------------------
Wolf WOLF AGENCY, INC ORCHARD PARK NY 14127
------------------------------------------------------------------------------------------------------------------------------------
Wolf Hirsch & Company LLC HIRSCH WOLF & COMPANY LLC BROOKLYN NY 11230
------------------------------------------------------------------------------------------------------------------------------------
Zongrone John R Agency JOHN R ZONGRONE AGENCY INC SCHENECTADY NY 12304
------------------------------------------------------------------------------------------------------------------------------------
|
SCHEDULE D
ASIC Segments
Commercial Accounts I
This industry segment represents a heterogeneous group of SIC codes
that fall within our underwriting appetite. Some examples include service
accounts and various types of manufacturing accounts.
Commercial Real Estate
This segment includes both lessors' risk of commercial property
exposures as well as property management accounts.
Cultural Institutions
Customers in this market are primarily museums and libraries.
Financial Services
Customers in this market include companies involved in making financial
decisions and/or processing financial transactions for both corporate entities
and the general public. Includes, but is not limited to, banks, investment
advisors, insurance carriers, stock brokers and mortgage brokers. Also includes
specialty coverages such as, Foreclosure and Trust coverage, Mortgageholders
E&O, Repossessed Auto and Stop Payment Liability.
Food Industries
This market includes establishments that manufacture or process foods
and beverage for human consumption and certain related products (such as
manufactured ice). Also includes numerous wholesale distributors and retailers
of food and related products. Examples of eligible risks include Dried and
Dehydrated Fruits and Vegetables, Confectionary Distributors, and Retail
Bakeries.
Metalworkers
Customers in this market include manufacturers that make products such
as components, sub-assemblies or a full working product from metal using various
processes such as, but not limited to, machining, grinding, stamping on
equipment such a machine centers, lathes, milling machines, press brakes,
shears, stamping machines and punch presses. Also includes those businesses
which assemble products made from metal.
Plastics
This market includes manufacturing operations that create plastic
products by processing plastic resin pellets through various operations such as,
but not limited to, injection molding, extrusion molding, blow molding, or
thermoforming. Also represents manufacturers who create products from sheet
plastic.
D-1
Printers
This industry segment includes establishments engaged in printing,
publishing or printing/publishing. Includes, but is not limited to, books,
periodicals, newspapers and brochures.
Professional Services
This industry segment includes companies that are involved in any kind
of professionally based transactions or decisions. Includes, but is not limited
to, law firms, accountants, insurance agents and brokers, medical offices and
business or management consultants.
Retailers
This segment includes establishments engaged in selling merchandise for
personal or household consumption and rendering services incidental to the sale
of the goods. Examples of eligible risks include Men's and Boys Clothing Stores,
Household Appliance Stores and Bookstores.
Technology Industries
This market represents both high and low-tech classes; primarily
electronic hardware manufacturing including everything from commercial lighting
to semiconductors and related devices. Our appetite also includes
telecommunication companies and both software manufacturing and service related
risks.
Wholesalers
Customers in this market include companies that are primarily engaged
in selling merchandise to retailers, industrial, commercial, institutional or
professional business users or to other wholesalers. Includes wholesale
distributors of both durable and non-durable goods. Examples of eligible risks
include Office Equipment Distributors and Footwear Distributors.
D-2
SCHEDULE E
Duties of Company and Seller
Data and other information to be provided by Seller unless otherwise indicated
will be provided to Company for Subject Policies 120 days prior to the first day
of the expiration month of the policy beginning with February 2005. Such data
will be provided by Seller to Company within 6 business days of the inception of
this Agreement for November 2004 through January 2005.
1. Seller to provide Company list of names, addresses, phone number and
total written premium for Commercial Policies of all Seller's agent and
sub-brokers (if any) within 2 business day of the execution of the
agreement. Such list will distinguish between Overlap Agents and other
agents.
2. Seller to provide Company with access to monthly producer experience
reports for all of the non-overlap agents within 2 business day from the
signing of this agreement.
3. Seller to provide to Company a data feed of Subject Policies (except
manually issued policies) from Sellers source systems in ASCII quoted and
comma delimited format within 10 business days for all non-overlap agents
and within 15 days for overlap agents for October through January renewal
business (and then monthly thereafter).
4. Seller to provide to Company a data feed for Subject Policies on a
monthly basis (based on specifications provided below) until completion
of transfer of Subject Policies as outlined in this Agreement. The
specifications for the Monthly Renewal report includes:
a. One row per policy per risk location (as available)
b. Excel spreadsheet by Line of Business
c. Data elements:
1. Policy number
2. Agent
3. Named Insured
4. Policy expiration date
5. Line of Business (major)
6. OneBeacon expiring product type
7. Expiring Premium
8. Commission percentage
9. Number of risk locations
10. Risk Address, city & state, zip code
11. Total Insured building value
12. Total insured BPP-business personal property value
13. Total insured BII-business interruption insurance
value
14. Sales receipts (as available)
15. Payroll by classification for WC (as available)
16. Square footage (as available)
17. Construction
18. NB (public protection)
19. # of vehicles
20. Loss ratio
21. Number of claims
E-1
22. Total incurred loss ratio current policy year
23. Total incurred loss ratio 3 policy years
24. SIC code
25. SIC Description (will provide referential table)
26. GL classification code
27. GL classification description (will provide
referential table for proprietary classes)
28. All WC classification codes
29. WC premium by classification code
30. WC merit or experience rating modification
31. Account number (5 character alphanumeric field) REX
Number)
5. Seller to provide access to Insurance Contract policy declarations
schedules and endorsement forms. This will be provided on an electronic
image basis where available (excluding manual policies and overlap
agents). For all overlap agents, access to paper files will be made
available.
6. Seller to provide Company with access to Loss Information/ Loss Runs and
Policy View (internet based applications) for all of the Subject Policies
from the non-overlap agents.
7. Seller to provide Company with online access to loss control reports for
Subject Policies. Any loss control reports for all of the overlap agents
will remain a manual process.
8. Seller to provide to Company online access for changes affecting Subject
Policies and covering the time period between the Monthly Renewal Report
described in #4 above and the Non Renewal Date of the Subject Policies.
This will include all transaction types listed below. For manual changes,
these changes will be reported to Company within 10 days of processing of
such transaction or request.
a. Endorsements processed
b. Cancellation transactions
c. Any other relevant correspondence received from an agent or
insured
9. Seller shall jointly draft a letter with Company to be attached and
mailed with Subject Policy non-renewal notices effective for December
2004 renewals with a process date no earlier than September 27, 2004. For
all other Subject Policies non renewal notices should not be sent earlier
than 70 days from the expiring policies expiration date.
10. Seller to provide Company with access to policy files of the Subject
Policies, including agent correspondence, applications, loss inspection
reports, recommendation compliances, claims and loss history information
and anti-arson applications via physical or electronic delivery for a
period necessary for Company to review all Subject Policies for renewal.
11. Company and Seller agree to provide drafts of the public disclosures that
will be issued prior to the execution of this agreement.
12. Seller to provide Company with Agent Data (Agent number, legal name,
address, phone numbers, tax_id or social security number, contact names,
commission by LOB, etc.)
E-2
13. Seller to provide Company with Claim Data for the Subject Policies for
the term to be renewed. This information will be provided within 10
business days for all non-overlap agents and within 15 days for overlap
agents for October through January renewal business (and then monthly
thereafter). Information will include:
a. Claim Number,
b. Policy Number,
c. Agent, Insured,
d. Loss Date,
e. Cause of Loss,
f. WC Injury,
g. Annual Statement Line,
h. Subline,
i. Class Code,
j. Paid Loss,
k. Loss Reserve,
l. Medical Paid,
m. Medical Reserve,
n. Expense Paid,
o. Expense Reserve,
p. Claim Status,
q. Cat Code.
14. Seller to provide assistance from technical personnel to understand and
translate the data provided by them to the Company.
15. Seller agrees to provide a training session to Company personnel on EDS/
File Net systems at Tower Insurance Company of NY's place of business.
16. Seller to provide copies of Agent Agreements and any variations within 15
days after the agreement..
17. Seller to provide copies of contingency commission plans within 15 days
of the agreement.
18. Seller to provide a list of recently terminated agents (within last 75
days), to include agency number, legal name, address, contact
information, and premiums in force.
19. Company agrees to pay Seller a rate of $100 for One Beacon employees (and
the actual rate not to exceed $175 per hour for outside contractors) for
work not covered by the provisions of the contract.
* Overlap agents are assumed to follow non-automated solutions unless otherwise
specifically agreed
E-3
SCHEDULE F
NY ONEBEACON CL AGENTS -- CANCELLED
(Cancelled within Last 75 days for Small Business and/or All CL)
----------------------------------------------------------------------------------------------------------------------
"RELATIONSHIP" (ABOVE MC) PRODUCERS ("DOING BUSINESS AS") CITY STATE ZIP CODE
----------------------------------------------------------------------------------------------------------------------
Ackerly Agency Inc. ACKERLY AGENCY INC EAST ISLIP NY 11730
----------------------------------------------------------------------------------------------------------------------
Adorno Denker Assoc Inc. ADORNO-DENKER ASSOCIATES LONG ISLAND CITY NY 11106
----------------------------------------------------------------------------------------------------------------------
All Risk Brokerage Co. ALL RISK BROKERAGE CO NEW YORK NY 10038
----------------------------------------------------------------------------------------------------------------------
Aloia & McKinnon ALOIA & MCKINNON BROOKLYN NY 11209
----------------------------------------------------------------------------------------------------------------------
Anchor Brokerage Co Inc. ANCHOR BROKERAGE CO., INC BROOKLYN NY 11214
GEORGE D. ZAINO AGENCY HUNTINGTON STATION NY 11746
----------------------------------------------------------------------------------------------------------------------
Benefit Coverage Inc. A PLUS COVERAGE INC FLUSHING NY 11355
BENEFIT COVERAGE, INC FLUSHING NY 11355
----------------------------------------------------------------------------------------------------------------------
Carlstan North Hills Agency BRIARWOOD BROKERAGE INC FLORAL PARK NY 11004
CARLSTAN NORTH HILLS AGENCY, I FLORAL PARK NY 11004
----------------------------------------------------------------------------------------------------------------------
Edward A. Kurmel Brokerage EDWARD A. KURMEL BROKERAGE LTD BROOKLYN NY 11222
----------------------------------------------------------------------------------------------------------------------
Edward B. Robotti EDWARD B. ROBOTTI INC LONG ISLAND CITY NY 11106
----------------------------------------------------------------------------------------------------------------------
Evans International EVANS INTERNATIONAL ROCKVILLE CENTRE NY 11570
----------------------------------------------------------------------------------------------------------------------
Fitzharris Agency FITZHARRIS AGENCY INC FARMINGDALE NY 11735
----------------------------------------------------------------------------------------------------------------------
Grace Moser GRACE MOSER MIDDLE VILLAGE NY 11379
----------------------------------------------------------------------------------------------------------------------
Graebe Agency Inc. GRAEBE AGENCY INC STATEN ISLAND NY 10310
----------------------------------------------------------------------------------------------------------------------
Honig Insurance Agency Inc. HONIG INSURANCE AGENCY INC BROOKLYN NY 11234
----------------------------------------------------------------------------------------------------------------------
Hughes Assoc. HUGHES ASSOCIATES INC GLENDALE NY 11385
----------------------------------------------------------------------------------------------------------------------
International Underwriting Agency INTERNATIONAL UNDERWRITING AGE FLUSHING NY 11354
----------------------------------------------------------------------------------------------------------------------
Lincoln Brokerage Corp LINCOLN BROKERAGE CORP BROOKLYN NY 11220
----------------------------------------------------------------------------------------------------------------------
Main Street Group Ltd. THE MAHAN AGENCY, INC HYDE PARK NY 12538
----------------------------------------------------------------------------------------------------------------------
Marchetti & Sabatelli MARCHETTI & SABATELLI ASSOCIAT BROOKLYN NY 11209
----------------------------------------------------------------------------------------------------------------------
Modica Associates Inc. MODICA ASSOCIATES INC BROOKLYN NY 11231
----------------------------------------------------------------------------------------------------------------------
Nicholas J. Krug J NICHOLAS KRUG AGENCY NEW HYDE PARK NY 11040
----------------------------------------------------------------------------------------------------------------------
Nielson & Associates NIELSON & ASSOCIATES, LTD MANHASSET NY 11030
----------------------------------------------------------------------------------------------------------------------
Omni Risk Management Inc. OMNI RISK MANAGEMENT INC SMITHTOWN NY 11787
----------------------------------------------------------------------------------------------------------------------
P O M Planning Services Inc P O M PLANNING SERVICES INC NEW YORK NY 10001
----------------------------------------------------------------------------------------------------------------------
Paston Group LLC PASTON GROUP LLC LYNBROOK NY 11563
----------------------------------------------------------------------------------------------------------------------
Petrocelli Group PETROCELLI GROUP INC FLUSHING NY 11358
----------------------------------------------------------------------------------------------------------------------
R J W Brokerage Corp R.J.W. BROKERAGE CORP STATEN ISLAND NY 10314
----------------------------------------------------------------------------------------------------------------------
Risc Inc. RISC, INC RIVERHEAD NY 11901
----------------------------------------------------------------------------------------------------------------------
Ruchman Associates RUCHMAN ASSOCIATES INC ROCKVILLE CENTRE NY 11571
----------------------------------------------------------------------------------------------------------------------
Russo & Calabrese Inc. RUSSO & CALABRESE INC MIDDLE VILLAGE NY 11379
----------------------------------------------------------------------------------------------------------------------
Sammis Smith & Brush SAMMIS, SMITH AND BRUSH, INC. WOODBURY NY 11797
----------------------------------------------------------------------------------------------------------------------
Select Agencies Group BENSON DAVIS INSURANCE HOMER NY 13077
----------------------------------------------------------------------------------------------------------------------
Simply Insurance Brokerage SIMPLY INSURANCE BROKERAGE LLC BROOKLYN NY 11235
----------------------------------------------------------------------------------------------------------------------
Sterling & Sterling STERLING & STERLING INC WOODBURY NY 11797
----------------------------------------------------------------------------------------------------------------------
Suydam Agency SUYDAM AGENCY INC COLLEGE POINT NY 11356
----------------------------------------------------------------------------------------------------------------------
Walsh Duffield Companies Inc M INSURANCE AGENCY BUFFALO NY 14203
----------------------------------------------------------------------------------------------------------------------
Wise Financial Group WISE FINANCIAL GROUP INC SARATOGA SPRINGS NY 12866
----------------------------------------------------------------------------------------------------------------------
|
EXHIBIT A
[ONE BEACON LOGO]
I N S U R A N C E
September 14, 2004
To Our New York OneBeacon Agencies:
As you know, over the past several years, we've worked hard to improve our
commercial book's results in New York. In spite of your support through
substantial reunderwriting and other actions, our results are still inconsistent
with what we are seeing elsewhere at OneBeacon. Rather than prolonging the pain
for both of us, we entered into a renewal rights agreement with Tower Group
Companies. This agreement provides you with the opportunity to transfer much of
your OneBeacon commercial business to Tower. Our press release announcing this
agreement is attached for your reference.
Coincident with this agreement your Statement of Binding Authority attached to
your OneBeacon Agency Agreement is amended to delete COMMERCIAL LINES ONLY
effective December 1, 2004, and your commercial lines Performance Incentive
Agreement is terminated 90 days effective from today*. However, we are pleased
to enable your continued and immediate access to A rated paper through Tower.
You may already know Tower, which is comprised of Tower Insurance Company of New
York and Tower Risk Management, an insurance group with an established focus on
New York and a strong desire to expand its agency relationships into all regions
of the state.
The Tower team is eager to introduce itself to your agency and provide you with
an understanding of its products, programs and appetite, which you will find
competitive and comprehensive. You may expect to hear from a Tower
representative shortly.
Everyone at OneBeacon appreciates the support you have shown us over challenging
times. We regret having to take this action, but hope you understand why and
that you feel we're doing our best to make the transition process a little
easier. Do not hesitate to call on us if we may be of assistance during the
transition to Tower. John Tillistrand is available to all of you throughout the
state, along with Pete Meehan on Long Island, Bart Oddo for upstate New York,
and Rick Hernandez in New York City. And you may contact me at any time as well
at either 603.436.7581 or mmcsally@onebeacon.com
Best Regards,
/s/ Michael McSally /s/ John Tillistrand
------------------------- ----------------------------------
Michael McSally John Tillistrand
|
* - If your OneBeacon Agency Agreement is for Commercial Lines only, your Agency
Agreement will terminate 90 days from today.
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