Benfield Opens Calgary Office Headed by Cutfield

January 19, 2006

Benfield Corporate Risk has opened a new office in Calgary, Canada.

Benfield Corporate Risk’s Canadian operations will be managed by Richard Cutfield. Richard has 25 years experience in the insurance market and was formerly managing partner of Jones Brown Inc. with responsibility for financial institutions and income trusts accounts which included energy exploration and production customers.

The new Canadian operation will initially focus on the development of specialty business in the marine, energy, power and mining sectors. Canada’s growing position in world energy and mining markets makes Western Canada an important region in need of specialty risk advice and products.

Benfield Corporate Risk Canada has been incorporated locally and will be licensed in Alberta (and other provinces in due course) to carry out insurance broking and advisory services.

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