Market Overview

IFG Companies Announces the Addition of John W. Mahoney as Senior Vice President and Chief Claim Officer

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IFG Companies (www.ifgcompanies.com)
is pleased to announce the addition of John W. Mahoney as Senior Vice
President and Chief Claim Officer. Mr. Mahoney, who will be located in
IFG's Hartford office, will report to Manuel (Manny) Almagro, Chief
Financial Officer and will be responsible for managing IFG's nationwide
claims organization while serving as a member of the Company's overall
Senior Leadership Team.

"Given his wealth of experience, the addition of John to the IFG Senior
Leadership Team further demonstrates our commitment to maintaining a
strong claims organization," noted Robert D. Linton, Chairman of IFG
Companies.

Mr. Mahoney comes to IFG with over 20 years of demonstrated success in a
variety of claim leadership roles. John began his career practicing law
in the litigation practice of Hebb & Gitlin and Shipman & Goodwin. John
then transitioned to the insurance industry where he assumed greater
levels of responsibility in personal and commercial lines claims within
The Hartford Financial Services Group. Most recently, John spent the
last ten years in a variety of claim leadership positions at Zurich
North America.

John holds a Bachelor of Arts degree in Political Science from The
College of the Holy Cross and a Juris Doctor degree in Law with Honors
from The University of Connecticut School of Law.

About IFG

Founded in 1985, IFG Companies is one of the largest privately
held insurance groups in the United States. IFG Companies
provides property–casualty insurance on both a non-admitted basis and an
admitted basis throughout America. IFG Companies has two
principal underwriting groups, the Bind Division and the Brokerage
Division
. Bind provides general liability, garage liability
and property coverages through select contracted producers. Brokerage
focuses primarily on mid-sized or more complex accounts and includes the
Primary Casualty, Excess/Umbrella Liability and Property underwriting
units. Coverages are underwritten by IFG's affiliated insurers: The
Burlington Insurance Company, First Financial Insurance Company,
Alamance Insurance Company and Guilford Insurance Company
. All hold
a financial strength rating of A (Excellent) from A. M. Best Company.

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