Addis Group enters partnerships to provide
Executive Liability services to public companies in the Philadelphia Region

(King of Prussia, September, 2006) – The Addis Group and NASDAQ Insurance Agency–Carpenter Moore (NIA-CM) announced today that they have entered into an agreement to partner and provide Executive Liability services to public companies in the Philadelphia region. Their unique combination of expertise and resources will help address the complex needs executives and their boards are facing in today's highly regulated environment. "Traditional insurance strategies are failing to keep up with the complex liabilities today's companies are facing. Comprehensive solutions that look at wording, limit levels and allocation, corporate governance and claims management are necessary to avoid unexpected liability," commented Keith Martinsen, Executive Vice President for NIA-CM. Bill Rhodes, Executive Vice President of The Addis Group added, "What we have learned is that it is simply not enough to have great resources, if you don't have dedicated people putting client needs first. Understanding our client's business and anticipating issues as if it were our own is the way we deliver cutting edge solutions that the institutional brokers are missing."

The partnership will focus on providing professional services to publicly traded companies in the areas of: Executive Liability; Directors and Officers Liability; Errors and Omissions Insurance, Employment Practices Insurance and related management liability coverage, such as M&A and Loss Mitigation coverage.

For additional information, please contact Bill Rhodes of The Addis Group at 610-279-8550 or brhodes@theaddisgroup.com or Keith Martinsen of NIA-CM at 212-381-6457 or keith.martinsen@nasdaq.com.

The Addis Group is a wholly owned subsidiary of Susquehanna Bancshares, Inc. and is one of the premier risk management consulting and insurance brokerage firms in the United States. Founded in 1990, The Addis Group has evolved into the industry leader as measured by its client retention, quality and integrity of staff, community involvement, carrier relations, results in the marketplace and awards and recognition. Today, The Addis Group oversees the insurance and risk management needs of over 1,500 commercial and individual clients representing $120 million of premium.

NASDAQ Insurance Agency–Carpenter Moore is a wholly owned subsidiary of the NASDAQ, Stock Market, Inc. and provides Executive Liability Products and Risk Management Services to publicly traded companies. Using a highly data-centric and methodical approach, NIA-CM is a top 10 provider of executive liability services, counting over 300 public companies internationally, including 13 of the NASDAQ 100, as clients.

 

The Addis Group, 2500 Renaissance Blvd., King of Prussia, PA 19406 • 800-760-8030

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