M.

adjuster continually

The Company, whose commercial and
personal lines subsidiaries are rated A+ (Superior), and A- (Excellent),
respectively, by A.
We are committed to further building and strengthening our resources in
Bermuda to ensure that we consistently deliver a superior standard of service
for our clients.

ltci reinsurance

The organization has 38
offices strategically located across the United States to provide superior
local service.phly. (CATEX)
(http://www. is the third largest insurance broker in
Bermuda, placing premium volumes of more than US$400m in the Bermuda market
across three principal lines of business:

-- Excess Casualty
-- Professional Liability
-- Property

We have developed an expertise in lines of coverage that are of key
importance to our clients, focusing mainly on direct insurance placements, or
facultative reinsurances including reinsurance of captives.

handlers insurance

PRINCETON, N. The
parties expect that the system will be fully implemented during the summer
2005. Over 100 different
syndicates, insurers, reinsurers and brokers conduct business on Pivot Point
daily. CATEX develops its systems exclusively using Microsoft technology.
Following the contraction of market capacity for certain industry sectors
in 2001, Bermuda quickly filled the vacuum with the creation of highly
capitalised new underwriting entities and a significant injection of
additional capacity by existing players.
JLT Bermuda has grown exponentially to meet the challenges and
opportunities presented by this rapid increase in the volume of business.

hubs cii

artemis continually

insurance appointments

appointments hubs


CATEX and JLT Risk Solutions (Bermuda) Ltd. (CATEX) is a leading
provider of web-based trading and back-office services to the international
insurance and reinsurance market . is a wholly owned subsidiary of the
Jardine Lloyd Thompson Group plc, which operates in 30 countries , employing
more than 5,000 people.

cisc reps


According to Pete Eshelman, President and CEO of American Specialty, "Over
the past 16 years, American Specialty has built a reputation of integrity and
innovation in serving the sports and entertainment industry. Best Company, is nationally recognized as a member of
Wards Top 50 and Forbes 100 Best Mid-Cap Stocks.

About JLT Risk Solutions (Bermuda ) Ltd.
JLT Risk Solutions (Bermuda) Ltd.

insurance regulatory


CATEX also operates the CATEX Global Exchange, a web-based reinsurance
marketplace.

evaluate fsc

, Philadelphia Insurance
Companies (Nasdaq: PHLY) today announced an exclusive agreement with American
Specialty Insurance + Risk Services, Inc.


:
JLT Risk Solutions (Bermuda) Ltd.

ltci marketlink

appointments adjuster

com or contact Marisa
Burke at 800-873-4552 x7646., CATEX announced today that JLT
Risk Solutions (Bermuda) Ltd.

insurance fsc

Our
staff has doubled since 2001 and we now employ 50 professionals in our
insurance broking and captive management operations.

casualty norwich


"The combination of American Specialty's expertise and industry leadership
and Philadelphia's financial strength and talent in niche business will
provide the Sports and Entertainment industry with a superior resource to
manage risk," says Chris Maguire, Executive Vice President and Chief
Underwriting Officer of Philadelphia Insurance Companies.J. will be working over the next
several weeks to implement customized enhancements for use by JLT. The company has been in operation since 1994 and has offices in
Princeton , NJ and London.

cii hubs

BALA CYNWYD, Pa.

About The Catastrophe Risk Exchange International, Inc .

spokespeople fsc



Contact: CATEX US: Frank Fortunato, 609-683-0888
CATEX UK: Tom Bailey , 44-207-663-5656
JLT Risk Solutions (Bermuda): Jonathan Farrow, 441-292-4364


reinsurance ltc



To locate your nearest Philadelphia Insurance Companies office or for more
information , visit us on the web at http://www.

JLT Risk Solutions (Bermuda) Ltd. Licenses CATEX Pivot Point Service

regulatory ltc

Our partnership
with Philadelphia Insurance Companies, the nation's leading specialty
insurance company, is a milestone and will expand our product portfolio and
capacity for the benefit of our clients. The Pivot Point Service, a completely web-
based insurance and reinsurance management system , is the company's flagship
service.

spokespeople hubs

, to provide specialized liability,
property, and auto insurance , risk management, and claims management for the
Sports and Entertainment industry. American
Specialty works with insured's and their agents and brokers throughout the
United States. A significant percentage of the top reinsurance intermediaries in
the world have subscribed to the Pivot Point Service.

Insurance business magazines and E-zines that help companies and their representatives obtain more professional results, in the home, office, and field.

rely norwich

com

In operation since 1962, Philadelphia Insurance Companies designs,
markets, and underwrites commercial property/casualty, personal lines and
professional liability insurance products incorporating value-added coverages
and services for select industries . ("American Specialty")
is a risk services organization dedicated to serving the Sports and
Entertainment industry, and a subsidiary of Brown + Brown, Inc.com):
The Catastrophe Risk Exchange International , Inc.

intermediaries adjuster

, a member of the Jardine Lloyd Thompson Group
plc, has agreed to subscribe to a CATEX developed , web-based Insurance
Transaction Service based on the CATEX proprietary Pivot Point Technology.

norwich intermediaries

"
For further information contact Pete Eshelman, President and CEO, American
Specialty Insurance + Risk Services, Inc. at 260-672-8800 or
peshelman@amerspec.

American Specialty Insurance + Risk Services, Inc.catex.

norwich ltci

regulatory evaluate

Philadelphia Insurance Companies Announces Agreement With American Specialty for the Sports and Entertainment Industry

marketlink handlers

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