Kingsway Notes Pair of Executive Appointments

October 2, 2003

William Star, president & CEO of Kingsway Financial Services Inc. announced the appointments of John McGlynn to president and CEO of Kingsway General Insurance Company and Roger Beck as president and CEO of American Country Insurance Company.

McGlynn brings over 20 years of insurance experience to his new position. Most recently he was vice president, Finance of Kingsway Financial Services Inc. Prior to joining Kingsway, McGlynn was president & COO of an Ontario-based property and casualty insurer and held various executive positions within the property and casualty industry in Canada, the United States and Europe.

Beck brings over 15 years of insurance experience to his new role at American Country. Most recently Beck was vice president of Lincoln General responsible for pricing and audit. Prior to joining Lincoln General, Beck held various managerial positions in marketing, underwriting, pricing and product management with major U.S. based property and casualty insurers.

Kingsway’s primary business is trucking insurance and the insuring of automobile risks for drivers who do not meet the criteria for coverage by standard automobile insurers. The company currently operates through nine wholly-owned insurance subsidiaries in Canada and the U.S.

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