Mutual Risk Management Ltd.

Michael P. Loftus, Vice President and General Auditor, United America Indemnity, Ltd. Michael is Vice President and General Auditor for United America Indemnity, Ltd. and its principal subsidiaries, United National Group, Penn America Group and Penn Independent Corporation, where he has complete responsibility for all internal auditing activities. Mr. Loftus has over 20 years in the insurance industry, with various internal audit roles at CIGNA and served as the chief audit executive at Delphi Financial Group, Mutual Risk Management and PMA Capital. He also has public accounting experience with Peat Marwick Mitchell & Co. Mike graduated from Villanova University in 1982 with a Bachelor of Science in Accounting. He is a CPA, FLMI and CFSA. He is a member of the Institute of Internal Auditors, the American and Pennsylvania Institute of CPA's, and has served as a past state chairman of the PICPAa s Committee on Internal Audit. Mike has also served on the Board of Directors of the Insurance Internal Audit Group since 1999.

Ed Kane is a senior managing director of HarbourVest Partners, LLC and a founder of the Firm. He is responsible for overseeing U.S. and non-U.S. partnership and direct investments. He joined John Hancock's corporate finance department in 1979 and co-founded Hancock Venture Partners in 1982, which later became HarbourVest Partners. He serves as an advisory committee member for several U.S. and foreign private equity partnerships, including funds managed by Candover Partners Limited and Charterhouse Capital Partners. Ed has also served on the Boards of three public companies: Xylogics, AI Corporation, and Mutual Risk Management Ltd., and is a Trustee of the Mystic Seaport Museum. He was previously a Major in United States Army Intelligence where he trained in electronics and telecommunications. His experience also includes four years with the commercial banking division of the New England Merchants National Bank. He received a BA (cum laude) from the University of Pennsylvania in 1971 and an MBA from Harvard Business School in 1975.