Press Release

December 15, 2011 – FOR IMMEDIATE RELEASE

Eli Tisser Joins Normandy Harbor Insurance as Controller

Ft. Lauderdale — Mr. Eli Tisser has joined Normandy Harbor Insurance Co. (NHIC), a workers' compensation insurance carrier in Ft. Lauderdale, as Controller. An executive with 20 years of financial and accounting experience within the workers compensation arena, Tisser has held similar positions with Amtrust Financial Services and Northern Funding, LLC, both in New York City. "Eli brings an impressive knowledge of the insurance industry, business planning, and accounting and budgeting strategies to our team here at Normandy Harbor," says President & CEO Therese A. Stevens. "In an industry as highly regulated as insurance, proper record-keeping and reporting is critical. Eli will be our primary liaison with the regulatory agencies, and his significant expertise will ensure that we continue to maintain a high level of integrity in all of our financial and accounting matters. He also will help guide our internal employee-relations, benefits and compensation programs, and he will serve on our executive committee." "NHIC has an impressive growth record in Florida's workers' compensation market, and I look forward to contributing to its continued success," says Tisser. "Terri has assembled an impressive team of insurance experts at all levels of the company. It will be exciting and rewarding to work with all of them."

ABOUT NHIC

Normandy Harbor Insurance Co. (NHIC) is a workers' compensation insurance carrier based in Ft. Lauderdale. NHIC offers a comprehensive platform of workers' compensation programs and services to Florida businesses through its network of approved independent insurance agents. It provides statewide loss prevention services and claims management, including utilization review, a specialized provider network, well-negotiated medical provider fees, medical bill repricing, and a prescription drug program. NHIC's proprietary BackAboard™ program is designed to facilitate communications between injured workers and their employers and speed recovery to get both the employer and employee back to full productivity.

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