Assurex International Expands Presence in

June 20, 2001

Assurex International, the world’s largest grouping of privately held risk management and commercial insurance brokerages, expanded its worldwide presence with the addition of North American Broker Partners in Lakeland, Fla., and Overland Park, Kan. Columbus, Ohio-based Assurex is owned by more than 65 of the largest independent insurance brokers, called Partners, in the U.S. and Canada.

In addition, Assurex maintains affiliate relationships with Assurex Synergy Group Partners in more than 60 foreign countries. Independent Assurex Partners and affiliates employ more than 12,000 professionals on six continents and generate annual premiums of $14 billion. Assurex International invites only one independent broker per market to become an Assurex Partner. The newest North American Assurex Partners are Lanier Upshaw, Inc. of Lakeland, Florida and Haake Companies of Overland Park, Kansas.

Assurex Partners are among the leading independent insurance agencies in their respective markets. According to the company, what differentiates Assurex from national brokers is that Assurex Partners are managed by their owners. Typically employing 100 professionals, Assurex Partners deliver property, casualty, surety, life and employee benefits insurance for large and small clients. Assurex Partners have preferred relationships with leading domestic and international carriers, including Atlantic Mutual, Chubb, CGU, Fireman’s Fund, The Hartford, Royal & SunAlliance, Kemper, ACE and St. Paul.

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