September 28, 2007 - Colemont announced today that it has acquired a majority share in the leading Brazilian aviation broker, Inter Aerospace Corretora de Seguros Ltda. Inter Aerospace has built a solid reputation over 35 years as a specialist aviation insurance broker and will now be merged with Colemont’s existing company in Brazil, namely Colemont Brasil Insurance Brokers Ltda.

Henrique Lucena has been appointed Chairman of the merged company with Mario Pederneiras de Faria (Senior) appointed as Vice Chairman.

Eduardo Lucena has been appointed the Chief Executive of the merged company, and Mario Pederneiras de Faria Junior has been appointed Managing Director of the Aviation division. Mario’s colleagues Cristina Raposo and Jose Ricardo Nimrichter will both be partners in the newly merged company.

In a separate move, Colemont-Brasil also announced the appointment of João Baptista Barbará as the Managing Director of their new Marine and Energy division. João Baptista was previously an executive officer of the Brazilian insurance broker, Anhumas Rio Administradora e Corretora de Seguros Ltda. João will also be responsible for developing reinsurance business in the Brazilian market.

“These changes mark an important development in our Brazilian company,” said Surinder Beerh, Chief Executive Officer of Colemont Global Group. “I am delighted that Mario Pederneiras de Faria (Senior), Mario Pederneiras de Faria Junior, João Baptista, and their respective teams have agreed to join us. Colemont will now be one of the leading brokers in Brazil offering a complete range of insurance and reinsurance services including Aviation, Marine and Energy.”

“We are delighted to be joining the Colemont Global Group and their expanding worldwide network,” said Mario Pederneiras de Faria Junior. “On the aviation side we are pleased to receive the support of a highly professional aviation team in Colemont’s London office.”

Colemont Brasil Insurance Brokers Ltda. operating from Rio de Janeiro and Sao Paulo is part of Colemont Global Group and backed by Colemont Corporation, the parent company of Colemont Insurance Brokers, 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 $1.3 billion in gross premium volume last year.

Colemont Global Group
Colemont Global Group is the hub for 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 the Brazil, Chile, Dubai, Estonia, Finland, Latvia, Miami, Russia, Spain, Sweden and the United Kingdom. To learn more visit www.colemont.com.