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Public Statement Re: Accordia Insurance Brokers Limited – Revocation of License Grand Turk, Turks and Caicos Islands, BWI –

28th March 2013 – The Turks and Caicos Islands Financial Services Commission (“The Commission”) considers it necessary to issue this public statement in order to protect the public interest, and the interests of any of the customers and creditors of the Accordia Insurance Brokers Limited (hereinafter referred to as ‘Accordia’), and further to make the general public aware that Accordia is no longer a licensee of the Commission. The details are: 1. Accordia (formerly Alford, Cruden & Gask Ltd) was issued a license (License No. 2082/97) pursuant to the Insurance Ordinance on 24 March 1997. 2. Accordia has made application to the Commission, pursuant to Section 34(1)(c) of the Financial Services Commission Ordinance, to have its license revoked. 3. The Commission accepted Accordia’s application and subsequently revoked its Insurance license on 31 st March 2013. This Public Statement was issued pursuant to Section 39 of the Financial Services Commission Ordinance

J. Kevin Higgins Managing Director