2014 NAPSLO ATLANTA, GA 2014 NAPSLO AGENDA Elite Producer - PowerPoint PPT Presentation

Catastrophe Underwriting Specialist 2014 NAPSLO ATLANTA, GA

2014 NAPSLO AGENDA  Elite Producer Statistics  AmRisc Update - General Stats/Product Updates  Market Conditions/Forecast

COMPANY NAME STATS

AMRISC UPDATES  Overall Company Stats  Capacity Providers update  Product Updates www.amrisc.com

Portfolio Snapshot AmRisc remains the largest CAT-focused MGU in the United States. Insuring over $150 Billion TIV with over 9,500 middle-market policies in-force. Other 5% Other 7 % Industrial & Alabama, Manufacturing Louisiana, 11% Mississippi Apartments 16% 25% Condos Florida 10% 47% Georgia, NC, SC 9% Munis & Real Estate Schools 26% Texas 23% 21% www.amrisc.com

Growth in People & Premium Year-End Projection $925M E&S~ $615M ACIC~$310M Premium Source Total E&S ACIC Wholesale 85% 93% 70% Retail 15% 7% 30% 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Average Premium UA 9 14 18 26 33 35 37 40 45 55 per UW ~ $17M UW 7 10 18 22 29 31 39 40 46 56 www.amrisc.com

Capacity Expands $250M per risk CAT Capacity Over $2.5 Billion PML capacity from top-rated Catastrophe markets AM Best A AM Best A+ AM Best A AM Best A AM Best A AM Best A Demotech A’ Unsurpassed AM Best A AM Best A AM Best A www.amrisc.com

AmRisc Product Highlights E&S - by Division General Property – The Go-To market for coastal hab & real estate • • National Accounts – AmRisc Primary for shared/layered • Technical Risk– Builder’s Risk up to $90M Per Risk; developing Stock Throughput • Specialty Products – Quake - Near $50M Per Risk capacity from dedicated EQ Team AmRisc Online ($20M for 2014): SINGLE STATE, multi-location accounts NOW ELIGIBLE – – GL – Developed to be written in conjunction with ACIC FL COA’s, General Property E&S accounts, and ‘lite hazard’ Tech accounts • Eastern Seaboard Real Estate Owned Portfolios – Internet Based Monthly Reporting – Higher Commissions – – Excess Flood – Single Locations ONLY – Up to $25m Capacity www.amrisc.com

American Coastal (ACIC) Product Highlights • $200M Policy Holder Surplus • $1.19B+ Catastrophe Treaty Coverage • Demotech A’ – Unsurpassed Financial Stability Rating • Continuing as THE market leader for Condo and HOA Coverage in 2015 www.amrisc.com

MARKET CONDITIONS/ FORECAST  2013 since last we met  Marketing Moment  Forecast www.amrisc.com

2013 – CAT Losses Low CAT Losses Overall Insured losses low relative to 10-year and 30-year averages – Globally - $31B insured loss (vs. $56B 10-yr avg) – U.S. - $13B insured loss (vs. $35B 10-yr avg) – No significant earthquakes worldwide – Minor tropical activity overall • First year since 1982 (31 years) with only 2 hurricanes • First year since 1968 (45 years) without a CAT 2 hurricane Source: Munich Re; Insurance Information Institute www.amrisc.com

2014 – YTD CAT Losses Vs. 2000-2013 avg loss = $11.0B (Jan-June) Insured losses in the United States in 2014 totaled $9.1 billion – far below the 2000 to 2013 average loss of $11.0 billion (Jan-June). Source: Munich Re www.amrisc.com

AmRisc Marketing Moment “It’s a softening market”  • AmRisc has been here before • YE 2014 %MP & ROC will still beat Coastal capacity disrupted, YE 2004 & 2010 e.g. Condos begin to leave open market for Citizens RMS 11 Financial • AmRisc UWs in 2/28/2011 Crisis 2008-2009 2014 have the tools & capacity to respond to market conditions • The market is above the “still-profitable” 2004 Charley Katrina Rita Francis Ivan Wilma Jeanne www.amrisc.com

Market Conditions and 2014 Forecast • Continued softening expected. It will likely take industry loss event >$100B before softening plateaus. • As always, AmRisc looks at account-specific, technical price adequacy versus an arbitrary YOY rate difference or “rate change edict from on high”. • AmRisc will continue to support our Elite Producers with new products and enhanced service on existing products matched to market conditions. www.amrisc.com

Office Locations Houston, TX Morehead City, NC Birmingham, AL 20405 SH 249, Ste. 430 3710-A John Platt Drive One Metroplex Drive, Suite 230 Houston, TX 77070 Morehead City, NC 28557 Birmingham, AL 35209 281.257.5100 252.247.8760 205.414.2361 Toll Free 888.919.8142 Toll Free 877.284.4900 Sunrise, FL Atlanta, GA Stamford, CT 4 Landmark Square, Ste. 301 1300 Sawgrass Corporate 2500 Northwinds Pkwy, Pkwy., Suite 144 Ste. 675 Stamford, CT 06901 Sunrise, FL 33323 Atlanta, GA 30009 203.658.9150 954.233.6570 770.557.0037 www.amrisc.com

www.amrisc.com