TheInsurance Exchange Trust IncLexisNexis Risk Solutions

The LexisNexis Insurance Exchange is a single-entrycollaborative insurance placement platform that automates andstreamlines the flow of application data and documents betweeninsurance agents and brokers, wholesalers and carriers. It isdesigned to promote and facilitate competition in insurance marketsand to provide a level of efficiency and increasedproductivity.

The Insurance Exchange Trust is a non-stock membership company,which will be managed by members of the board of trustees. Thefollowing have been named to the board as founding trustees:

• J. Hyatt Brown, Brown & Brown
• Andrew G. Cassidy, Early, Cassidy & Schilling Inc.
• Albert R. Counselman RCM&D Inc.
• Ken A. Crerar, The Council of Insurance Agents &Brokers
• M. Steven DeCarlo, AmWINS Group Inc.
• Sharon Emek, CBS Coverage Group,Inc., representing theIndependent Insurance Agents & Brokers of America
• Clyde H. Fitch Jr., State Auto
• Lawrence G. Graev, The GlenRock Group LLC, representingMarketCore
• James Hackbarth, Assurex Global
• Russell Johnston, CHARTIS
• Greg Maciag, ACORD
• Markham R. McKnight, BancorpSouth Insurance Services Inc.
• Mark J. Moitoso, Liberty Mutual Group;
• H. Wade Reece, BB&T Insurance Services Inc.
• George A. Steadman III, Rutherfoord/MMA
• Robert H. Rheel, Zurich.

The Insurance Exchange launched an Early Adopter ControlledRelease with 16 leading U.S. brokerage firms that will submitapplications over the next several months to test the system andprovide feedback. Importantly, all carriers can access theInsurance Exchange from day one, meaning an agent or broker canreach all of their appointed markets by inviting their carriers toreceive submissions through the Insurance Exchange.

Full production through the Insurance Exchange is expected tobegin in the second quarter of 2011.