SUMMIT RE ANNOUNCES KEY ADDITION TO ITS EXECUTIVE TEAM.

Ft. Wayne, Indiana, Sept. 15, 2008 Summit Reinsurance Services, Inc. is pleased to announce the addition of Greg Demars to its executive staff.

Greg joined Summit Re on September 15 as Vice President-Actuarial and Underwriting. Greg is a former HCC / Allianz senior executive with 16 years of experience in healthcare actuarial, underwriting and operations. His previous position was Executive Vice President, HCC Life Insurance Company, where he was responsible for the Healthcare Risk Management and LifeTrac divisions. Greg will join Brian Shively of Summit Re in directing the underwriting and pricing of all managed care medical excess business at Summit Re. Greg will work in a new Minneapolis office.

"Summit Re has a successful record of balancing customer needs with insurer and reinsurer profitability objectives. They bring a truly consultative approach to sales and service which is a key differentiator for them in the industry. I look forward to helping to shape the future of Summit Re in the dynamic medical excess marketplace", said Greg Demars.

ABOUT Summit Re - Summit Re is a full-service managing underwriter with an exclusive relationship with Swiss Re, the world's largest and most diverse reinsurer, to provide excess-of-loss coverage to health plans and insurers. Summit Re helps clients analyze, transfer and manage risk to protect their financial stability. Headquartered in Fort Wayne, IN, the company has offices in Minneapolis, MN, Jacksonville, FL, Charlotte, NC, Golden, CO and Indianapolis, IN. More information is available at www.summit-re.com