SES Insurance Brokerage Services, Inc.

Services

Relationships

Insurance Company Relationships

SES has a unique opportunity in the industry to serve in a number of capacities. We have long-term relationships with all markets providing property and casualty coverage for trust assets. On the surface, we are predominantly recognized as a wholesaler for the Master Trust policies.

Our current carrier offerings for the Master Trust policies are:

Zurich-North America

SES has offered Zurich North America as a market for the Master Trust Policy since 2002. Coverage is written on Fidelity and Deposit Company of Maryland paper with a Best rating of A+. They are headquartered in Baltimore, MD.

St. Paul Travelers

SES began its relationship with St. Paul in 1995. St. Paul is headquartered in St. Paul, MN and maintains a Best Rating of A+.

Chubb & Son

The relationship with Chubb began in 1997. Product is written on Federal Insurance Company paper with a Best Rating of A++. They are headquartered in Warren, NJ.

We have a number of other insurance company relationships that have enabled us to secure additional flood, earthquake and liability limits as may be required by the client in the event that adequate limits are unavailable with our primary markets.

Our ownership of the TIMS™ system also enables us to act as service provider not only for our financial institution clients, but also for our insurance carriers in order to support your business. Carriers receive extensive support for the Master Trust policies in addition to all of the benefits provided to clients.

TIMS™ technology

Houses the premium rating for each insurance company

Manages flat rating or individual rating

Recognizes and applies territorial and protection adjustments to rating

Issues all Evidences of Insurance and invoices to the banks on behalf of the

insurance company

Contains parameters for coverage limits

Contains basic underwriting (COPE) information for underwriting purposes

Contains fields for tracking flood zones, earthquake zones and distance from coast

Provides on-line access to data

Issues periodic reports (reports and timeframes at underwriters’ discretion)

Provides an electronic feed of all activity on a monthly basis

We are currently compensated for insurance products and/or systems and services in the form of commission (a percentage of gross insurance premium paid by the carrier of record). The commissions are negotiated and shared with the retail broker.