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NEWS AND UPDATES

Insurance Distribution Investing Group, LLC (IDIG), a newly-formed joint venture backed by the insurance industry executives of The Capacity Group and funds managed by Dowling Capital Partners announced today that it is acquiring an ownership stake in Risk Transfer and affiliated companies of Risk Transfer.

Capacity Coverage Company of New Jersey, Inc. ("Capacity Coverage"), and ARM-Capacity of New York, LLC, the Manhattan-based affiliate of Capacity Coverage ("ARM-Capacity"), today announced the acquisition of the assets of Thornwood, NY-based Mt. Pleasant Agency, Inc.

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Declaration Brokerage, LLC, a Mahwah, N.J.-based insurance agency, has acquired the business of RBLA of PA, a Stroudsburg, Penn.-based agency that offers commercial and personal lines coverages.

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Capacity Coverage Company of New Jersey, Inc. (“Capacity Coverage”), a New Jersey based retail and wholesale insurance brokerage, and Dowling Capital Partners (“DCP”), a private equity firm focused on investing in insurance and related services and distribution companies, today announced that they have partnered to form Declaration Brokerage LLC (“Declaration”).

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DECLARATION

Brokerage, LLC

One International Boulevard

Mahwah, NJ 07495

Tel: (201) 661-2000

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