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10 April 2008

Release date: 02 April 2008

Press release - Association of Insurance and Reinsurance Service providers (AirSP)

AirSP was founded in 2003 and has flourished into a successful worldwide organisation. We are now aiming to expand and to represent service providers in a wider capacity.

To further these goals a new Chairman and deputy Chairman have been recently elected from the Board of Directors and we are pleased to advise that Peter Matthews of Global Reinsurance Consultants will Chair the Association with Steve Goate of Reinsurance Solutions Limited as Deputy.

Our thanks to our outgoing Chairman Graham Tomaszko for his hard work in establishing and promoting AirSP in its infancy.

In seeking to promote the interests of Service Providers in the Insurance and Reinsurance Market AirSP’s mission statement is:

• To act as an advisory body on and for its members to the insurance and reinsurance market

• To provide a democratic means of formulating questions and articulating problems and solutions

• To promote communication and mutual understanding within the market and between the association, Risk carriers and other groups

• To promote the Association and its members within the market