Attention E-Risk Producer

EFFECTIVE JANUARY 14, 2002, WE HAVE CHANGED THE ISSUING CARRIER ON ALL OF OUR PRODUCT LINES FROM UNDERWRITERS AT LLOYD’S, LONDON TO AN ACE USA INSURANCE COMPANY.

BELOW IS A LIST OF THE INSURANCE COMPANIES WE WILL BE USING IN THE DESIGNATED STATES.

• ALL STATES (except AK, IL, ME, MN, NE and NJ): Illinois Union Insurance Company
• ALASKA, ILLINOIS, MAINE, NEBRASKA and NEW JERSEY: Westchester Surplus Lines Insurance Company
• MINNESOTA: ACE American Insurance Company

THE FOLLOWING WILL BE YOUR OPTIONS AS RESPECTS OUR INDICATIONS AND BINDING OF COVERAGES:

• ALL INDICATIONS THAT HAVE BEEN BOUND ON BEHALF OF LONDON MUST REMAIN BOUND ON BEHALF OF LONDON;



• ALL OUTSTANDING INDICATIONS THAT HAVE BEEN ISSUED ON BEHALF OF LONDON BUT NOT BOUND WILL HAVE THE OPTION TO BIND COVERAGE WITH EITHER LONDON OR THE APPROPRIATE ACE USA INSURANCE COMPANY. THE OPTION TO BIND COVERAGE ON BEHALF OF LONDON WILL EXPIRE ON JANUARY 31, 2002;



• ALL OUTSTANDING INDICATIONS THAT HAVE BEEN ISSUED ON BEHALF OF LONDON THAT WANT TO BIND COVERAGE WITH THE APPROPRIATE ACE USA INSURANCE COMPANY WILL NEED TO BE RE-QUOTED ON BEHALF OF THE ACE USA COMPANY. ALL OF THE TERMS AND CONDITIONS, INCLUDING PREMIUM LEVELS, OF THE LONDON INDICATIONS WILL BE HONORED IN ANY SUCH RE-QUOTE.

IF YOU HAVE ANY QUESTIONS CONCERNING THIS CHANGE IN ISSUING CARRIER, PLEASE DO NOT HESTITATE TO CONTACT PAUL TOMASI, MIKE BIGGER, NEIL KRANSDORF, STEVE DYSON OR YOUR E-RISK UNDERWRITING MANAGER (Glenn Miller - EAST,Bob Kankel - MIDWEST, or Karen Chisari or Matt Parr - WEST).

THANK YOU FOR YOUR SUPPORT.