January 6, 2009 - Colemont announced today that it has been granted a license by the Superintendencia de Seguros de la Nación to operate as a reinsurance broker in Argentina. Nestor Cola-Almeida has been appointed as the representative of Colemont Insurance Brokers Limited for Argentina and the southern cone region. Nestor has over 30 years of insurance and reinsurance experience in the southern region of Latin America.

Surinder Beerh, Chief Executive of Colemont Global Group said, "I am very pleased that Nestor has decided to join the Colemont team in Latin America. We already have operations in Chile and Brazil, and Nestor's experience will be important in the coming months as we further develop in Argentina and the region".

Colemont Insurance Brokers Limited is part of Colemont Global Group and backed by Colemont Corporation, one of the largest specialty wholesale insurance brokers in the United States. Colemont's rapidly growing worldwide operations employ nearly 700 people who together placed $1.5 billion in gross premium volume last year. Learn more at www.colemont.com/global.

Colemont Global Group
Colemont Global Group is the hub of Colemont's new full service worldwide insurance and reinsurance brokerage network. Established in early 2005 by Colemont Corporation, Colemont Global Group is backed by one of the largest specialty wholesale insurance brokers in the United States. Since its inception, Colemont's global network has rapidly expanded its operations, opening offices in Abu Dhabi, Brazil, Bulgaria, Chile, Dubai, Estonia, Finland, Latvia, Lithuania, Miami, Poland, Russia, Spain, Sweden, and the United Kingdom. To learn more visit www.colemont.com/global.

About Colemont Insurance Brokers
Colemont Insurance Brokers is ranked among the largest specialty insurance brokers in the United States. Founded in 1992, the company is now home to over 400 insurance professionals across the country, who together placed over $1 billion in gross premium last year. With access to hundreds of specialty lines, markets, and programs, as well as in-house underwriting facilities, Colemont's brokers and underwriters are highly experienced at placing almost any property, casualty, transportation, or financial services risk. To learn more visit www.colemont.com.