FOR IMMEDIATE RELEASE:

Arsenal Insurance Management Expands in Tennessee by Opening an Office in Nashville
Metro Area

NASHVILLE, TN — January 1, 2016 — Expanding its commitment to the Tennessee captive
insurance market, Arsenal Insurance Management has opened a new location in Brentwood,
Tennessee.

“We have been involved in various forms with the Tennessee domicile since the re-launch in
2011. Our people handled the first re-domestication In Tennessee and continue to work hard in
helping craft captive rules. Tennessee has become a leading domicile in the US and we are
excited about the future,“ said Arsenal co-founder Norman Chandler.

The new location will service the local captive market and continue many of the community
outreach programs that Arsenal began in the market in 2012.

About Arsenal Insurance Management LLC

Arsenal was founded in 2006 and is nationally recognized as a leader in the captive industry. In
2014 and 2015, Arsenal earned nominations for Independent Captive Manager of the Year in
the US Captive Service Awards organized by Captive Review magazine. Arsenal delivers broad
customer solutions in risk management for captives, mutuals, RRGs, and other insurance
entities.

Visit Arsenal at www.captivesUSA.com