London American Risk Specialists, Inc Announces the Formation of London American Professional Liability, LLC

June 7, 2006

Houston, TX – London American Risk Specialists, Inc., headquartered in Houston, TX. is pleased to announce the formation of London American Professional Liability, LLC based out of Fort Lee, New Jersey. LAPL is a program administrator and MGA specializing in Professional Liability. Mr.Ed Velasquez, formerly Executive Vice President of the NIF Group, Murray Hill, NJ has been appointed President.

LAPL will initially launch a Miscellaneous Professional Liability program that will be offered in most states and underwritten by an “A (Excellent)” A.M. Best rated insurance carrier.

This Miscellaneous Professional Liability program is designed for a diverse set of professions, including many types of consultants, insurance services, media and real estate classes. Coverage is offered on both a primary and excess basis for risks with up to $250 million in revenue. The staff’s specialized knowledge allows them to handle complex and hard to place risks.

Policy Highlights include:

Limits/Deductibles/Premiums:

For more information, contact:

Ed Velasquez, President
evelasquez@londonamericantx.com
Ph 201.944.7000 · F 201.944.0058
London American Professional Liability, LLC
400 Kelby Street, 11th Floor
Parker Plaza
Fort Lee, NJ 07024

Zane Carson, Director of Marketing
zcarson@londonamericantx.com
Ph 713.977.7726 · F 713.977.7606
London American Risk Specialists, Inc.
11000 Richmond Avenue
Suite 600
Houston, Texas 77042