Salem, MA ­ November 18, 2003 – SLG Benefits and Insurance, LLC is pleased to announce an agreement with QBE Insurance Corporation whereby SLG Benefits will serve as a stop loss underwriting, claims and risk manager on behalf of QBE. SLG Benefits will market QBE stop loss products to a select group of producers and administrators nationally. "We're very pleased to announce an affiliation with QBE", states SLG Benefits Managing Director Steve Gransbury. Adding, "QBE's strength and dedication to the employer stop loss market will offer contractual and financial security to our producers and prospective policyholders".

QBE the Americas and QBE Insurance Corporation are members of the QBE Insurance Group, one of Australia’s largest insurance/reinsurance organizations.  Founded in 1886, the Group has over 7,000 employees worldwide with operations in over 40 countries.  The Group’s assets are in excess of AUD$20.5 billion and gross written premiums exceed AUD$7.7 billion as of 12/31/02.   QBE Insurance Corporation is rated A (Excellent) by AM Best and A+ (Strong) by Standard & Poor's.  QBE Insurance Corporation is admitted in fifty states and the District of Columbia.  QBE has been writing Employer Stop Loss business in the Americas since 1986 and has grown in that market significantly over the last three years.  Maintaining a very strong reputation in the Employer Stop Loss arena, QBE is one of the leaders in this market writing both Insurance and Reinsurance.

SLG Benefits and Insurance, LLC is a medical stop loss insurance program management company.   The company was created to surpass the needs of Third Party Administrators (TPA's) and broker/consultants specializing in the self funded employee benefits market. In the challenging arena of catastrophic claim management and medical funding products, the TPA's and brokers need for delivery of ideas from stop loss providers is often inconsistent with the rigid operating structure of some carriers and MGU's. Out of this business opportunity, SLG Benefits was formed to provide expertise and timely solutions to the medical stop loss and claim administration community.

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