U.S.I. Holdings Corp. Teams with Boston Celtics as Official Risk Management Partner

May 18, 2004

U.S.I. Holdings Corp. announced a multi-year partnership naming USI the official risk management partner of the Boston Celtics. Under this agreement, USI will exclusively provide the Celtics with all risk management services.

USI will collaborate with the Celtics on a variety of business to business marketing initiatives and events in the New England Region to help USI build business with key New England clients and prospects. The terms of partnership grant USI access to the Celtics name and logos for promoting that designation within the New England market.

Tim Murray, CEO, USI New England, stated, “USI is proud and excited to have entered into this partnership with The Boston Celtics. Our partnership with the Celtics’ demonstrates how USI is uniquely qualified to meet the complex risk management needs of a professional sports organization, through our consultative approach and expansive products and services. We are pleased to be working with an organization whose commitment to excellence is evident
in its 16 championships as well as its active role in the community.”

Rich Gotham, the Celtics executive vice president, sales & corporate
development added, “The Boston Celtics are proud of our partnership to help USI develop and build business within the Boston marketplace, further demonstrating how the Boston Celtics brand can be utilized to help companies grow within the business to business sector. We are also happy to have such a world class provider of risk management services to meet our unique business needs.”