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This press release sponsored by Atlas Insurance Management, with offices in numerous domiciles

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Atlas Adds Staff for US Operations

11th August 2010


George Town, Grand Cayman – Atlas Insurance Management, a leading captive insurance management and consulting firm, today announced the appointment of James P. Chick, Jr. as Senior Account Manager for Atlas Management, LLC, the firm’s affiliate for United States Operations based in Charlotte, North Carolina.

Mr. Chick will be responsible for managing a growing portfolio of captive insurance companies in both onshore and offshore domiciles while helping to build the staff and infrastructure to serve clients as Atlas expands its presence in the United States.

Mr. Chick has more than thirty years of experience in the property and casualty insurance industry. He was most recently chief financial officer and treasurer of a mono-line workers’ compensation insurer offering alternative market facilities for clients wanting to participate in the underwriting risk through their own segregated cell. Before this, he was co-founder and chief financial officer of an insurance holding company, which had subsidiaries operating as a managing general agency, an offshore, agency captive insurer, and premium finance company.

He has insurance company operating experience as president and chief operating officer of Selective Insurance Company of the Southeast, a regional, multiple lines property and casualty insurer. Prior to that assignment, he had been vice president, secretary, and treasurer of this insurer. He has Bachelor of Science and Master of Science degrees from Clemson University, Clemson, South Carolina.

Paul Halter, senior vice president for United States Operations, commented. “Jim has both a strong financial and insurance accounting background with admitted carriers and captive insurers and hands-on operating experience with insurance companies. Such a combination of knowledge and skills will be of special value to our clients now and as Atlas expands.”

About Atlas Insurance Management – Atlas Insurance Management is one of the world’s leading independent captive insurance managers, providing captive insurance consulting, captive formation and management services, and insurance program design and administration. With a presence in Anguilla, the Bahamas, the Cayman Islands, Charlotte, North Carolina, and Washington, D.C., Atlas handles all forms of captive insurers and risk retention groups, for all property and casualty lines, in domiciles both onshore and offshore. Atlas also operates a Risk Pool that allows clients to achieve the risk distribution and diversification required for insurance company status and a life insurer for estate and asset protection planning through a range of offshore life policies.

For more information, please visit www.atlascaptives.com or email Martin Eveleigh, chairman (meveleigh@atlascaptives.com); Nick Leighton, group managing director (nleighton@atlascaptives.com); or Paul Halter, senior vice president – U.S. Operations (PHalter@atlascaptives.com, telephone 704.564.3117).

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