Stonewood Insurance

Announcements

For More Informaton:
Ken Mitchell
919-882-3500
kmitchell@stonewoodins.com

Stonewood Insurance Company Looks to Local University to Fill Professional Positions

June 6, 2005, Raleigh, NC – Stonewood Insurance Company is pleased to announce that two May graduates of the Richard S. Brantley Risk & Insurance Center, Appalachian State University, Boone, North Carolina have accepted positions with the company. Matt Whisenant accepted a position as Technical Underwriting Assistant and began work on May 9, 2005, just two days after graduation ceremonies. Lisa Glass joined the company on May 16, 2005 as a Claims Adjuster Trainee. Additionally, a summer internship program has been established at Stonewood to allow rising seniors in the insurance curriculum an opportunity to experience company operations first hand. Mark Killius has accepted the position this summer.

The Center provides its students with an essential curriculum through practical and instructional insurance programs, and offers them resources and opportunities to build their future in the insurance industry. Stonewood's Director of Underwriting and Director of Claims attended Career Day at the University earlier this year. "We believe Appalachian State University is a leader in preparing students for careers in the insurance industry and their graduates enter the workplace prepared with relevant knowledge for their insurance careers," remarked Sallie Mercer, Director of Claims.

As a recent entrant into the insurance industry, but with an experienced management team led by Ken Mitchell, Stonewood continues to serve North Carolina's workers' compensation market with a commitment to providing superior customer service. The company's strong desire to support the insurance industry and their community led them to embrace the resources available through the Richard S. Brantley Risk & Insurance Center.

On November 18, 2003, Stonewood entered the North Carolina marketplace with 15 employees. The company's growth has necessitated an increase in staffing to 27.

About Stonewood Insurance Company
Licensed in November 2003, Stonewood focuses primarily on workers compensation insurance for residential construction and also insures light commercial and select manufacturing accounts. Based in Raleigh, North Carolina, Stonewood Insurance Company is a wholly owned subsidiary of James River Group, Inc. For more information on Stonewood, please contact Ken Mitchell, 919-882-3500, kmitchell@stonewoodins.com.

James River Properties