U.S. Risk Opens Alternative Risk Transfer Company in Conn.

June 25, 2003

U. S. Risk Insurance Group announced the opening of a new office in Avon, Connecticut, just outside of the Hartford area.

Alternative Insurance Xchange is an alternative risk transfer company that will develop captives, self insurance programs, in addition to offering managing general agent services in support of U. S. Risk’s business products.

Bob Schultz will serve as president of the new company with Ron Mairano and Russ Renvyle as senior vice presidents.

With nine operating divisions U.S. Risk can provide underwriting, brokerage, premium finance, financial services, risk management and claims management services through a network of 120 insurance companies.

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