Market Overview

StaffPak Announces New Carrier Partner for Staffing Agency and PEO Programs

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U.S. Risk's StaffPak program has partnered with program-driven Markel
Specialty to offer property and casualty coverage to the staffing and
PEO industries. Markel will provide capacity, oversight, claims handling
and loss control, while StaffPak will provide underwriting, policy
services, marketing and distribution. The program launched September 1,
2018 in a majority of states, with additional states being added as
filings are approved.

Steve Leeret, Managing Director of Programs, Markel Specialty,
commented, "We are excited to partner with U.S. Risk's StaffPak team,
who brings with it tremendous industry and program management
experience. This partnership fits in well with our strategy to hire
seasoned, well managed Program Administrators dedicated to specific
niche business classes."

Matt Parker, President, Markel Specialty, said, "Adding the StaffPak
program creates a fantastic growth trajectory for Markel with this
distribution partner while building on our Specialty Segmentation
strategy. Partnering with U.S. Risk to write the StaffPak program is an
example of how the Markel team can effectively bring together the
resources to execute on a deal with tremendous pace and resolve."

Peter Stanislaw, Program Manager for StaffPak, said, "We are very
pleased to have Markel as our new long-term partner. Their financial
strength, coupled with their commitment to the program business space,
will allow us to better serve the needs of our customers."

Wayne Carter, President of U.S. Risk Underwriters, added, "The Markel
partnership will greatly enhance our StaffPak client experience, giving
us the ability to further expand our capabilities with a broader
appetite and competitive pricing."

About U.S. Risk Insurance Group, LLC

U.S. Risk Insurance Group, LLC (www.usrisk.com)
is a leading international specialty lines underwriting manager and
wholesale broker headquartered in Dallas, Texas. Operating 16 domestic
and international branches, it offers a broad range of products and
services through its affiliate companies, which include U.S. Risk
Underwriters, U.S. Risk Brokers, U.S. Risk Solutions, Oxford Insurance
Brokers Ltd. (UK), James Hampden International Insurance Brokers Ltd.,
(UK), Antarah FZE (UAE), and UNIS A.G. (Zurich).

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