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RiskProNet Intl. Rises to 5th Largest U.S.Broker/Producer Group.

Business Editors

LOS ANGELES--(BUSINESS WIRE)--Nov. 13, 2000

RiskProNet Intl. Inc., a network of premier insurance brokers throughout the United States and Canada, has become the 5th largest broker/producer organization in the United States.

Joint revenues of $497 million

based on $4.8 billion in annual written premium were announced at the annual meeting held recently in Boston.

According to RiskProNet President Michael Flynn, CPCU, ARM, this growth is a result of the increase in membership as well as the strength of the organization's overall members. Also president of Diversified Risk Insurance Brokers based in Emeryville, Calif., Flynn is one of the founders of RiskProNet along with Steve Tanner, Tanner Insurance Brokers, Pleasanton, Calif., and John Langsfeld, Merritt & McKenzie, Atlanta.

Since being established in 1996, RiskProNet has grown to include 29 financially strong, independent brokers selected after passing a rigorous criteria designed to create a network of the most progressive and viable firms in the industry. The organization is now represented in every major market in North America. It has become a seamless provider of risk management services and shared knowledge to benefit clients who have national, international or highly specialized insurance and exposure to risk.

Members communicate through RiskProNet Online, the group's exclusive Internet-based software. This secure system allows members to search an extensive member database for experts in any area of insurance. Top priority is given to any inquiry or service request from other members; typical responses to questions come in a matter of hours.

The network shares expertise in alternative risk financing, employee benefits, human resource consulting, communications, construction, environmental energy, entertainment, financial institutions, healthcare, technology, hospitality, marine, municipal, pharmaceutical, publishing, real estate, textile, transportation, surety and sports insurance.

Through its strategic partner relationship with Globex, RiskProNet International brokers are providing their clients with multinational information and education, worldwide risk identification and risk assessment. Multinational clients receive customer-driven program design, implementation and control.

RiskProNet International's virtual headquarters are located at www.riskpronet.com. Its logo is available at URL http://www.businesswire.com/cgi-bin/photo.cgi?pw.102700/bb2.

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