CRM Holdings Ltd.

"James J. Scardino, 55, has served as the Company's Chief Executive Officer since March 2009, having previously served as the Company's Chief Financial Officer since August 2005. Mr. Scardino has also served as Executive Vice President, Chief Financial Officer of Majestic from July 2007 to May 2009 and as Chief Financial Officer of CRM, CRM of CA, and Eimar from August 2005 to May 2009. From 2003 to 2005, Mr. Scardino held the position of Senior Vice President, Finance with RSC Insurance Brokerage, Inc., where his responsibilities included financial management. From March 2000 until May 2003, Mr. Scardino was Executive Vice President of Allied American Insurance Agency, Inc., where he was responsible for program management. Mr. Scardino graduated from the University of California, Berkeley with a B.A. in Anthropology and holds an M.B.A. from the Amos Tuck School of Business at Dartmouth College. "

Mr. Rakoff, 41, has served as our Co-Chief Executive Officer and Deputy Chairman of the Board since September 2005, and has served as Chief Executive Officer of CRM since its formation in 1999. He also has served as Chief Executive Officer of Eimar and CRM CA since 2000 and 2003, respectively, and as Deputy Chairman of the Board of Twin Bridges since 2003. He began his career in 1986 as a national administrator, and has since developed significant experience working in claims administration. Mr. Rakoff holds a B.A. in Journalism from Temple University.

Mr. Walczyk, 50, has served as our Chief Operating Officer since September 2005 and as Vice President of Loss Control of CRM from 2000 to January 2003. In January 2003, he was promoted to Senior Vice President of Loss Control and Risk Management, and also has held that position with CRM CA since October 2003. In November 2004, he became Chief Operating Officer of CRM CA. In July 2005, he became Chief Operating Officer of CRM. Mr. Walczyk began his career in the industry in 1980 as a Loss Control Consultant. He holds the professional designation of Associate in Risk Management (ARM), and has significant experience in risk management, underwriting, product development and marketing, which he has used to develop and present training seminars throughout the country. Mr. Walczyk graduated from the State University of New York at Buffalo with a B.S. in Industrial Technology.

"Joseph F. Taylor, 58, has served as the Company's Chief Financial Officer since May 2009. He previously served as the Company's Chief Compliance Officer from May 2008 to May 2009 and as the Company's Senior Vice President of Compliance from August 2005 to May 2008. From July 2002 to August 2005, Mr. Taylor served as Chief Financial Officer of Compensation Risk Managers, LLC. Prior to this, Mr. Taylor held various positions in investment management, financial management and public accounting. Mr. Taylor graduated from Iona College with a B.BA. in Accounting and is a certified public accountant. "

Mr. Polansky has served as our Chief Marketing Officer since May 2008, having previously served as Senior Vice President of Sales and Product Development since December 2006. From 1999 until December 2006, Mr. Polansky was Executive Vice President of Gallagher Re, where his responsibilities included developing and implementing new products and managing a team of domestic reinsurance brokers. Mr. Polansky graduated from Providence College with a B.S. in Marketing and Finance.

Louis J. Viglotti, Esq., 52, has served as our General Counsel since September 2005 and as Secretary since December 2005. Mr. Viglotti has also served as General Counsel of CRM since 2001 and as General Counsel of CRM of CA and Eimar since 2003. Mr. Viglotti has over 20 years of legal experience. Prior to 2001, he was a partner in the law firm of Vergilis, Stenger, Roberts, Pergament & Viglotti in Poughkeepsie, New York. Mr. Viglotti graduated from Marist College, with a B.A. in Pre-Law and holds a J.D. from Pace University School of Law.

Mr. Johnston has served as a member of our Board of Directors since May 2006. Since August 2008, Mr. Johnston has served as a managing director of Deutsche Bank Securities, Inc. in the private wealth management division. Mr. Johnston had been the managing member of Johnston Capital Management, LLC, from April 2006 to August 2008. Before this, Mr. Johnston served as Chief Executive Officer of Ladenburg Thalmann & Co. Inc., an investment brokerage firm, from April 2004 until March 2005. Mr. Johnston served as a managing director of Lehman Brothers, an investment banking institution, where his responsibilities included acting as the global head of the private client services group, from June 1996 until February 2004. Mr. Johnston graduated from Colgate University with a B.A. in Russian Studies and holds an M.B.A. from the Amos Tuck School of Business at Dartmouth College.

Mr. Magnarella, 68, has served as a member of our board of directors since September 2005. Mr. Magnarella has significant experience working in various areas of education. From 1994 until 2004, he held various administrative and consulting positions with the Moore County Schools in Carthage, North Carolina. From 2000 until 2004, he was also a program evaluator for Sandhills Community College and Hoke County Schools, both in North Carolina. Mr. Magnarella graduated from the State University College at Buffalo with a B.S. degree in Industrial Arts Education, and holds an M.Ed from the State University New York at Buffalo in Counseling and Guidance, a CAS from the State University College, New Paltz, NY in Education Administration, and an Ed.D from Columbia University, New York, NY in Education Administration.

"Mr. Patafio, 64, has served as a member of our Board of Directors since September 2005. Mr. Patafio, who is retired, has more than thirty years of extensive experience in various aspects of human resources with IBM Corporation, most recently as Human Resources Manager, Commercial Alliances. From 2002 until 2004, Mr. Patafio held the position of Manager of Human Resources at Micron Technology. For more than five years prior to 2002, Mr. Patafio was a Human Resources Consultant at Dominion Semiconductor L.L.C. He is a graduate of the University of Bridgeport with a B.S. in Industrial and Labor Relations. "

Mr. Birsner, 38, has served as a member of our board of directors since September 2005. Since 1996, Mr. Birsner has served as an insurance broker for and a member of the board of directors of Hickey-Finn and Company, Inc., where his responsibilities have involved insurance sales and service. Mr. Birsner is a graduate of Siena College with a B.A. in Marketing.