COMPANY NAME

1
Capabilities Presentation2002 Target Markets
Summit
October 21 - 24, 2002
2
Benfield Blanch Capabilities

• Corporate Structure / Design
• Centers of Excellence
• Benfield Blanch Program Solutions
• Program Administrator Web-Enabled Submissions

3
Benfield Blanch Competitive Advantages

• Global Market Clout
• Benfield Groups Unique Business Spread Provides
  Clout With Reinsurers
• Broader Access to Leading-Edge Analytics
  Technology
• Catalyst (Catastrophe Modeling)
• ReMetrica (Dynamic Financial Modeling)
• Best Technical Services (a.k.a. Backroom)
• Independent
• Unbiased Advice
• Relentless Advocacy
• Innovation Execution
• We Leverage Ideas

4
Who We Are

• Largest, Independent Privately-Owned Reinsurance
  Intermediary
• Third Largest Reinsurance Broker
• 1,700 Employees with 30 Offices Worldwide
• Revenues in Excess of 400 Million
• Provide Solutions to and Manage over 100 MGAs /
  Program Administrators Representing Approximately
  2 Billion in Annual Premium

5
Our Attitude

• Focus on the Customer Everything Starts Here
• Commitment to Excellence Fanatical About Quality
• Fresh Solutions to New and Old Problems
• Entrepreneurial Ingenuity With Leading-Edge
  Technology
• Execute Execute Execute
• Driven by Results

6
Office Locations
7
Awards Recognition

• Broking Initiative of the Year 2002
• The Review Awards
• Broking Initiative of the Year 2000
• The Review Awards
• 2000 International Reinsurance Broker of the Year
• The British Insurance Awards
• 1999 International Reinsurance Broker of the Year
• The British Insurance Awards
• 1998 International Reinsurance Broker of the Year
• The Review Awards
• Broking Initiative of the Year 1997
• The Review Awards

8
What We Offer

• Five Centers of Excellence
• Property Risk Management
• Casualty Risk Management
• Financial Risk Management
• Infrastructure Services
• Distribution Management

9
PROPERTY RISK MANAGEMENT
We Apply the Latest Risk Management, Risk
Modeling / Portfolio Optimization Technologies
and Reinsurance Structuring to Help Insurers
Increase Profitability and Reduce the Volatility
of Their Business
10
Property Risk Management

• Leading Intermediary of Major Worldwide Property
  Insurers and Reinsurers
• State-of-the-Art Modeling Technology
• Natural Hazard Catalyst
• Financial ReMetrica II
• Real-Time Knowledge of Worldwide Catastrophe
  Pricing Trends

11
CASUALTY RISK MANAGEMENT
We Combine ReMetrics Dynamic Financial Analysis,
Best of Breed Reinsurers, Claim Specialists, and
Actuarial Expertise (Leakage Specialist) to
Provide Superior Casualty Risk Management
Capabilities to Insurers MGAs
12
Casualty Risk Management

• Leading Casualty Reinsurance Intermediary
• We Know Your Business
• We Know and Can Impact the Reinsurance Market
• Superior Analytics
• Best Casualty Solutions

13
Casualty Insurance Expertise

• Insurance Pricing Underwriting
• Marketplace Trends and Issues
• Loss / Litigation Trends Issues
• New Products Coverages
• Insurance Company Systems Data Considerations

14
FINANCIAL RISK MANAGEMENT
We Are a Specialist Division That Utilizes
Quantitative Analysis, Custom-built Reinsurance
and Capital Market Solutions to Enable Companies
to Achieve Their Strategic Goals
15
Financial Risk Management

• Leading Intermediary for Non-Traditional
  Solutions
• Placed in Excess of 4.5B of Premium into ART
  Reinsurance Markets in 2001
• LPT gt 5.3B of Limit Placed to Date (1996-2001)
• Stop Loss / Aggregate Excess gt 4.4B of Limit
  Placed to Date (2000-2001)
• Experienced Team With Proven Record of Delivering
  Innovative Solutions
• World Renown Technical and Analytical
  Capabilities
• Superior Relationships With Key Markets

16
Convergence of Analytical Disciplines
Provides Foundation for our Strategic Approach
Financial Risk Management
DFA / ReMetrica
Actuarial Statistical Modeling
Natural Hazard Modeling / Catalyst
17
Financial Solutions

• Stop Loss / Aggregate Excess
• Loss Portfolio Transfers
• Surplus Protections
• Weather Derivatives
• Collars Other ART Mechanisms
• Capital Market Solutions

18
INFRASTRUCTURE SERVICES
We Provide Unbundled Reinsurance Administration,
Consulting, and Technology Solutions Designed to
Help Our Clients Lower Costs, Improve
Efficiencies, and Maximize Asset Recovery
19
Infrastructure Services

• Reinsurance Administration Outsourcing
• Technology
• UniSURe Reinsurance Software
• Asset Recovery
• ReFinder
• JD Warren
• Governmental Liquidation Services

20
DISTRIBUTION MANAGEMENT
We Offer Capabilities That Extend an Insurers
Distribution Network, Including Managing General
Agents, Independent / Wholesale Agents, Direct
Response, E-Commerce / Internet, Captive
Alternatives, and Strategic Planning
21
Distribution Channels Expertise

• Managing General Agents
• Independent Agent
• Captive Agent
• Wholesale Agent
• Direct Response
• E-Commerce / Internet
• Captive Alternatives (Build, Buy, Lease)

22

• Benfield Blanch
• Program Solutions

23
Dedicated Team Members

• Westport
• Marc Lauricella 203-291-2141
• Doug Bennett 203-291-2145
• Allen Durham 203-291-2146
• Rob Richards 203-291-2147
• Dallas
• Kevin Kasitz 214-756-7274
• Nicholas Roberto 214-756-7400

24
Mission Statement

• Deliver Solutions and Execute Program Placements
  to Establish and Maintain Successful
  Relationships for our MGA / Program
  Administrator, Insurance Company, and Reinsurance
  Company Partners