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PRIME INSURANCE COMPANY NAMES NEW PRESIDENT

Chicago, IL and Salt Lake City, UT, February 23, 2012. Prime Insurance Company, a premier excess and surplus lines carrier announced today that Mark Fisher has been promoted from Vice President and General Counsel to President and General Counsel of Prime’s parent company. A fifteen year veteran of Prime, Mr. Fisher’s team has managed over 20,000 professional, property and liability claims and litigated cases. He is a licensed attorney in California, Utah and Washington D.C.

“Mark has demonstrated leadership and management skills that are not only deserving of the position, but will benefit the entire organization,” said Rick J. Lindsey, Chairman and Chief Executive Officer of Prime. “I look forward to working with Mark in his new capacity.”

Prime is an excess and surplus lines insurance carrier offering solutions for hard-to-place property and casualty risks. Prime has a track record of performing significantly above industry averages reporting a combined ratio of 70.7% and 68.9% for 2011 and 2010, respectively.

Prime is an eligible carrier in 46 states, Guam, Puerto Rico, the U.S. Virgin Islands and the British Virgin Islands with offices located in Chicago and Salt Lake City.

For more information about Prime Insurance Company, please visit us at www.primeis.com.

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rick lindseyAuthored by Rick J. Lindsey, CEO, President, and Chairman of Prime Insurance Company

Rick J. Lindsey hails from Salt Lake City, Utah. He began working in the mailroom of his father’s Salt Lake City insurance firm, getting his introduction to the business that became his lifelong career. Lindsey quickly rose through the ranks while working in nearly every imaginable insurance industry job. As an entrepreneur, specialty lines underwriter, claims specialist, risk manager, and a licensed surplus lines broker, Rick Lindsey is highly skilled in all levels of leadership and execution. As he progressed on his career path, Rick discovered an urgent need for insurers willing to write policies for high-risk individuals and businesses. He was frequently frustrated that he could not provide the liability protection these entities desperately needed to safeguard their assets. He also formed the belief that insurance companies acted too quickly to settle frivolous claims. Lindsey decided to try a different approach. He started an insurance company and became the newly formed entity’s CEO. This opportunity has enabled Rick to fill a void in the market and provide a valuable service to businesses, individuals, and insurance agents who write high-risk business. Prime Insurance also specializes in helping individuals and businesses who live a lifestyle or participate in activities that make them difficult for traditional carriers to insure. If you’ve been denied, non-renewed, or canceled coverage, don’t give up quite yet. Chances are Prime Insurance can help.

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