U

USA Risk Group

The Phoenix Building, 2 Reid St., Hamilton HM 11, Bermuda; 441-295-3952; fax: 441-295-3982

Officers: H. Lincoln Miller, president; Gary Osborne, senior vp; Andrew Sargeant, treasurer.

Contact: Gary Osborne, 800-872-7475.

Subcontracts for captive management services with Triangle Insurance Management.

UNISON Management

(Dublin) Ltd.

12-14 Lower Mount St., Dublin 2, Ireland; 353-1-676-2748;

fax: 353-1-678-9636

Founded: 1990.

Parent: Johnson & Higgins.

Frequent services: Captive formation, government reporting, accounting, claims processing, underwriting and ratemaking.

Occasional services: Feasibility studies; online access to claims data; claims reserves analysis; actuarial studies; loss forecasting; managing underwriting pools/facilities; association captive management services, including specialized accounting services.

Staff: 28; 15 professionals.

Clients: 23 active captives managed at year-end 1996. Captive premium volume, $653.5 million. Capital and surplus managed, $247.3 million.

Compensation: Annual fee, hourly.

Officers: John Perham, managing director; Tim Hennessy, senior manager.

UNISON Management (Guernsey) Ltd.

P.O. Box 34, Albert House, South Esplanade, St. Peter Port, Guernsey GY1 4AU; 44-1481-728136; 44-1481-713617

Founded: 1975.

Parent: Johnson & Higgins.

Frequent services: Feasibility studies, captive formation, accounting, manual claims processing, claims reserves analysis, loss forecasting, underwriting and ratemaking.

Occasional services: Computerized claims processing, online access to claims data, reinsurance brokered to captives, investment management, managing underwriting pools/facilities; association captive management services, including specialized accounting services.

Staff: 11; five professionals.

Clients: 12 active captives and two inactive captives managed at year-end 1996. Captive premium volume, $45.0 million. Minimum size, $500,000.

Compensation: Hourly: professional, $100 to $180; clerical, $60 to $80.

Officers: David Johnstone, managing director; Merise Wheatley, Ian Daish, directors.

UNISON Management (Luxembourg) S.A.

25 A, Boulevard Royal, L-2449 Luxembourg; 352/46/96-01-1;

fax: 352/46/96-09;

Founded: 1986.

Offers rent-a-captive services.

Frequent services: Feasibility studies, captive formation, government reporting, accounting, computerized claims processing.

Occasional services: Manual claims processing, online access to claims data, claims reserves analysis, actuarial studies, loss forecasting, reinsurance brokered for captives, reinsurance brokered to captives, underwriting and ratemaking, investment management, tax advice, legal advice, managing underwriting pools/facilities, loss control.

Staff: 18 total.

Clients: 24 active captives managed at year-end 1996.

Compensation: Annual fee, commission, hourly.

Officers: Timothy Yeates, managing director; Nicolas Fouquet, assistant vp.

UNISON Management (Scandinavia) A.B.

Birger Jarlsgatan 64, P.O. Box 5908, Stockholm, Sweden 11489; 468-613-2820; fax: 468/24/8848Frequent services: Feasibility studies; captive formation; government reporting; accounting; computerized claims processing; association captive management services, including specialized accounting services.

Occasional services: Manual claims processing, claims reserves analysis.

Staff: Five, all professionals.

Clients: Two active captives managed at year-end 1996. Captive premium volume, $12.1 million. Capital and surplus managed, $4.0 million. No minimum size client.

Compensation: Annual fee, commission, hourly.

Officers: Peter Flensburg, managing director; Krister Wanblad, marketing director; Berit Lignercrona, administrative manager.

United Insurance

Management Co.

2 Wisconsin Circle, Suite 1040, Chevy Chase, Md. 20815; 301-907-4740; fax: 301-907-4830

Founded: 1991.

Parent: SCUUL Ltd.

Frequent services: Government reporting, accounting, computerized claims processing, online access to claims data, claims reserves analysis, actuarial studies, loss forecasting, underwriting and ratemaking, investment management, tax advice, managing underwriting pools/facilities, loss control (Maryland).

Occasional services: Feasibility studies, captive formation, legal advice.

Staff: 32; 26 professionals.

Clients: One active captive managed at year-end 1996. Captive premium volume, $39.0 million. Capital and surplus managed, $8.0 million. No minimum size client.

Compensation: Annual fee.

1996 gross revenues: $450,000, 100% from fees charged for captive management.

Officers: Burton Somenstein, president; Arthur Broadhurst, senior vp; Davison Obenauer, vp-finance/administration.

Contact: Davison Obenauer, 301-907-4908.

V

Vermont Insurance Management Inc./USA

Risk Group

P.O. Box 306, Montpelier,

Vt. 05601; 800-872-7475;

fax: 802-229-6280

Founded: 1980.

Frequent services: Feasibility studies; captive formation; government reporting; accounting; reinsurance brokered for captives; underwriting and ratemaking; managing underwriting pools/facilities; association captive management services, including specialized accounting services and onshore services; policyholder services to group captives.

Occasional services: Claims reserves analysis, loss forecasting, reinsurance brokered to captives, investment management, tax advice, legal advice.

Staff: 19; four professionals.

Clients: 40 active captives and one inactive captive managed at year-end 1996*. Captive premium volume, $115.8 million**. Capital and surplus managed, $137.6 million**. No minimum size client.

Subsidiaries: Hawaii Captive Insurance Management, Honolulu; USA Risk Group International, Bermuda.

Compensation: Annual fee, commission.

1996 gross revenues: 75% from fees charged for captive management, 25% from commissions charged for brokering insurance/reinsurance.

Officers: H. Lincoln Miller Jr., chairman; Andrew Sargeant, president; Edward E. Meehan, executive vp.

**Figures include total of all USA Risk Group captives.

***Figures include Vermont captives only.

Vista Insurance Services Inc.

60 Pompton Ave., Verona,

N.J. 07044; 201-857-7999;

fax: 201-239-0666

Founded: 1985.

Services: Feasibility studies; captive formation; computerized accounting; computerized claims processing; claims reserves analysis; association captive management services, including specialized accounting services and onshore services.

Staff: Five total.

Clients: Three active captives managed at year-end 1996. Captive premium volume, $4 million.

Compensation: Annual fee, $25,000 minimum; commission; hourly: professional, $175; clerical, $65.

1996 gross revenues: $425,000, 75% from fees charged for captive management, 25% from commissions charged for brokering insurance/reinsurance.

Officers: E. Arnold Powell, president; Joan McDougall, administrative assistant; Judith Colomb, cliams administrator.