HCC Makes Senior Management Appointments

January 22, 2003

HCC Insurance Holdings Inc. announced the appointment of two senior executives at its corporate headquarters in Houston, Texas.

Tony Feasey, who is currently senior vice president responsible for the company’s insurance company subsidiary Houston Casualty Company’s Wakefield, Massachusetts branch office, was appointed CEO of HCC Risk Management Corporation (HCC Risk), previously known as HCC Intermediaries. Farid Nagji, formerly chief information officer of Canadian-based Lindsey Morden Group and eCommerce leader of Fairfax Financial Holdings Ltd., will become senior vice president and CIO of HCC Service Company, the company’s corporate services operation, responsible for all information technology operations of the HCC Group

Feasey, who will relocate to Houston, will be responsible for the oversight of the HCC’s catastrophe exposure and all ceded reinsurance for the company’s insurance company subsidiaries. He has over 20 years of underwriting experience, specializing in accident & health and aviation insurance, and brings with him a vast experience in every aspect of reinsurance. In addition, Feasey will be a member of the HCC’s Mergers & Acquisitions team.

Nagji, a Tanzanian born, naturalized citizen of the U.S., received a B.A. in Computer Science from New York University and has almost ten years of insurance industry experience in all aspects of information technology, operating in three continents. He will also be a member of the Mergers and Acquisitions team.

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