Board of Directors

In addition to five Bermudians, executives of major U.S. media companies serve
਀ऀऀऀऀऀऀ漀渀 琀栀攀 䌀漀洀瀀愀渀礀☀⌀㄀㐀㘀㬀猀 䈀漀愀爀搀 漀昀 䐀椀爀攀挀琀漀爀猀⸀ 䄀瀀愀爀琀 昀爀漀洀 琀栀攀 漀瘀攀爀愀氀氀 洀愀渀愀最攀洀攀渀琀 漀昀 琀栀攀㰀戀爀㸀 Company’s operations, the Directors provide leadership in the identification of risks
਀ऀऀऀऀऀऀ椀渀栀攀爀攀渀琀 椀渀 琀栀攀 椀渀搀甀猀琀爀礀 愀渀搀 琀栀攀 搀攀瘀攀氀漀瀀洀攀渀琀 漀昀 愀渀 愀瀀瀀爀漀瀀爀椀愀琀攀 瀀爀漀搀甀挀琀 瀀漀爀琀昀漀氀椀漀⸀㰀⼀栀㌀㸀 ਀ऀऀऀऀ㰀琀搀 眀椀搀琀栀㴀∀㈀㄀∀ 栀攀椀最栀琀㴀∀㠀㄀∀ 挀漀氀猀瀀愀渀㴀∀㈀∀㸀㰀⼀琀搀㸀

Jerome C. Schaefer, Esq.
਀ऀऀऀऀऀऀऀ㰀⼀猀瀀愀渀㸀圀栀椀琀攀昀漀爀搀Ⰰ 吀愀礀氀漀爀 ☀ 倀爀攀猀琀漀渀㰀戀爀㸀
਀ऀऀऀऀऀऀऀ㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀䰀椀猀猀愀 圀愀氀氀猀 嘀愀栀氀搀椀攀欀㰀戀爀㸀 Vice President/Secretary/COO
਀ऀऀऀऀऀऀऀ匀漀甀琀栀攀爀渀 一攀眀猀瀀愀瀀攀爀猀Ⰰ 䤀渀挀⸀㰀戀爀㸀
਀ऀऀऀऀऀऀऀ㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀刀椀挀栀愀爀搀 䐀⸀ 匀瀀甀爀氀椀渀最Ⰰ 䔀猀焀⸀㰀戀爀㸀 (Retired),
਀ऀऀऀऀऀऀऀ匀琀⸀ 䜀攀漀爀最攀✀猀Ⰰ 䈀攀爀洀甀搀愀㰀戀爀㸀
਀ऀऀऀऀऀऀऀ㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀刀椀挀栀愀爀搀 䨀⸀ 圀愀爀爀攀渀㰀戀爀㸀 President & Publisher
਀ऀऀऀऀऀऀऀ䈀愀渀最漀爀 䐀愀椀氀礀 一攀眀猀㰀戀爀㸀
਀ऀऀऀऀऀऀऀ㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀䌀栀攀猀氀攀礀 圀栀椀琀攀Ⰰ 䔀猀焀⸀㰀戀爀㸀 President
਀ऀऀऀऀऀऀऀ吀ⴀ䤀ⴀ䔀 䰀椀洀椀琀攀搀㰀戀爀㸀
਀ऀऀऀऀऀऀऀ㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀䬀愀琀栀爀礀渀 匀椀最最椀渀猀㰀戀爀㸀 CFO
਀ऀऀऀऀऀऀऀ一漀爀琀栀猀琀愀爀 䜀爀漀甀瀀 䠀漀氀搀椀渀最猀Ⰰ 䰀琀搀㰀戀爀㸀

਀ऀऀऀऀऀ㰀栀㌀㸀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀渀戀猀瀀㬀㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀伀甀爀 䠀椀猀琀漀爀礀㰀⼀猀瀀愀渀㸀㰀戀爀㸀 ਀ऀऀऀऀऀऀ䴀甀琀甀愀氀 䤀渀猀甀爀愀渀挀攀 䌀漀洀瀀愀渀礀Ⰰ 䰀琀搀⸀ 眀愀猀 椀渀挀漀爀瀀漀爀愀琀攀搀 戀礀 愀渀 䄀挀琀 漀昀 倀愀爀氀椀愀洀攀渀琀 椀渀㰀戀爀㸀 Bermuda on March 30, 1961 and began underwriting a strike insurance program ਀ऀऀऀऀऀऀ昀漀爀 洀攀洀戀攀爀猀 漀昀 琀栀攀 䄀洀攀爀椀挀愀渀 一攀眀猀瀀愀瀀攀爀 倀甀戀氀椀猀栀攀爀猀 䄀猀猀漀挀椀愀琀椀漀渀 ⠀䄀一倀䄀⤀ 眀栀椀挀栀㰀戀爀㸀 had been written under a Trust agreement since 1939. ਀ऀऀऀऀऀऀ㰀戀爀㸀 Shortly after Mutual was created, a freestanding Committee of ANPA members ਀ऀऀऀऀऀऀ琀栀攀渀 欀渀漀眀渀 愀猀 琀栀攀 一攀眀猀瀀愀瀀攀爀 倀甀戀氀椀猀栀椀渀最 倀爀攀洀椀甀洀 䘀甀渀搀 䌀漀洀洀椀琀琀攀攀Ⰰ 爀攀焀甀攀猀琀攀搀㰀戀爀㸀 that the Company explore the possibility of structuring a viable libel insurance ਀ऀऀऀऀऀऀ瀀爀漀最爀愀洀 昀漀爀 䄀一倀䄀 洀攀洀戀攀爀猀 眀栀椀挀栀 眀漀甀氀搀 戀攀 洀漀爀攀 爀攀猀瀀漀渀猀椀瘀攀 琀漀 渀攀眀猀瀀愀瀀攀爀㰀戀爀㸀 publishers' needs than coverage then obtainable from commercial insurers. After ਀ऀऀऀऀऀऀ愀 昀攀愀猀椀戀椀氀椀琀礀 猀琀甀搀礀Ⰰ 䴀甀琀甀愀氀 攀渀琀攀爀攀搀 琀栀攀 氀椀戀攀氀 昀椀攀氀搀 漀渀 䄀甀最甀猀琀 ㄀Ⰰ ㄀㤀㘀㌀ 眀椀琀栀 愀 瀀爀漀最爀愀洀㰀戀爀㸀 open to ANPA members. Reinsurance was provided by the London market which ਀ऀऀऀऀऀऀ瀀愀爀琀椀挀椀瀀愀琀攀搀 椀渀 琀栀攀 猀琀爀甀挀琀甀爀攀 愀渀搀 瀀爀椀挀椀渀最 漀昀 琀栀椀猀 渀攀眀 瀀爀漀最爀愀洀 瀀爀椀漀爀 琀漀 椀琀猀 椀渀挀攀瀀琀椀漀渀⸀㰀戀爀㸀 Today, the libel insurance program is open to all media companies in North America. ਀ऀऀऀऀऀऀ㰀戀爀㸀 Daily newspapers account for approximately 75% of the base premium developed ਀ऀऀऀऀऀऀ甀渀搀攀爀 琀栀攀 氀椀戀攀氀 瀀爀漀最爀愀洀⸀ 䴀甀琀甀愀氀☀⌀㄀㐀㘀㬀猀 搀愀椀氀礀 渀攀眀猀瀀愀瀀攀爀 椀渀猀甀爀攀搀猀 昀愀氀氀 瀀爀漀瀀漀爀琀椀漀渀愀琀攀氀礀 椀渀 愀氀氀㰀戀爀㸀 circulation groups with a broad distribution by area of publication, i.e., rural, ਀ऀऀऀऀऀऀ猀甀戀甀爀戀愀渀 愀渀搀 甀爀戀愀渀⸀ 䴀甀琀甀愀氀 椀猀 瀀爀椀瘀椀氀攀最攀搀 琀漀 猀攀爀瘀攀 洀愀渀礀 漀昀 琀栀攀 氀愀爀最攀爀Ⰰ 眀攀氀氀 欀渀漀眀渀㰀戀爀㸀 dailies in the United States, Canada and the Caribbean. ਀ऀऀऀऀऀ㰀⼀栀㌀㸀

਀ऀऀऀऀऀ㰀栀㌀㸀㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀䴀愀渀愀最攀洀攀渀琀㰀⼀猀瀀愀渀㸀㰀⼀栀㌀㸀

਀ऀऀऀऀऀ㰀栀㌀㸀㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀刀椀挀欀 匀瀀甀爀氀椀渀最㰀⼀猀瀀愀渀㸀 ⴀ 倀爀攀猀椀搀攀渀琀 ☀愀洀瀀㬀 䌀栀愀椀爀洀愀渀 漀昀 琀栀攀 䈀漀愀爀搀㰀戀爀㸀 ਀ऀऀऀऀऀ㰀栀㌀㸀㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀䨀攀爀漀洀攀 䌀⸀ 匀挀栀愀攀昀攀爀Ⰰ 䔀猀焀⸀㰀⼀猀瀀愀渀㸀 ⴀ 䴀愀渀愀最椀渀最 䐀椀爀攀挀琀漀爀㰀戀爀㸀 ਀ऀऀऀऀऀ㰀栀㌀㸀㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀䈀爀愀搀昀椀攀氀搀 䄀搀搀攀爀氀攀礀Ⰰ 䔀猀焀⸀㰀⼀猀瀀愀渀㸀 ⴀ 嘀椀挀攀 倀爀攀猀椀搀攀渀琀㰀戀爀㸀 ਀ऀऀऀऀऀ㰀栀㌀㸀㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀䰀甀挀椀愀 䬀攀洀瀀攀 㰀⼀猀瀀愀渀㸀 ⴀ 匀攀挀爀攀琀愀爀礀㰀戀爀㸀 ਀ऀऀऀऀ㰀⼀琀搀㸀

਀ऀऀऀऀऀऀ㰀栀㌀㸀㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀䈀爀愀搀昀椀攀氀搀 䄀搀搀攀爀氀攀礀Ⰰ 䔀猀焀⸀㰀⼀猀瀀愀渀㸀㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㄀∀㸀㰀戀爀㸀 Appleby ਀ऀऀऀऀऀऀऀ㰀戀爀㸀 J. Stewart Bryan, III ਀ऀऀऀऀऀऀऀ䌀栀愀椀爀洀愀渀 漀昀 琀栀攀 䈀漀愀爀搀㰀戀爀 ⼀㸀 Media General, Inc. ਀ऀऀऀऀऀऀऀ㰀戀爀㸀 W. Roger Davidson ਀ऀऀऀऀऀऀऀ㰀⼀猀瀀愀渀㸀㰀猀瀀愀渀 猀琀礀氀攀㴀∀昀漀渀琀ⴀ猀琀礀氀攀㨀椀琀愀氀椀挀㬀∀㸀⠀刀攀琀椀爀攀搀⤀㰀⼀猀瀀愀渀㸀Ⰰ㰀戀爀 ⼀㸀  Paget, Bermuda ਀ऀऀऀऀऀऀऀ㰀戀爀㸀 The Hon. Sir David Gibbons ਀ऀऀऀऀऀऀऀ㰀⼀猀瀀愀渀㸀䌀栀愀椀爀洀愀渀㰀戀爀㸀 Colonial Insurance Company, Ltd. ਀ऀऀऀऀऀऀऀ㰀戀爀㸀 Caroline Diamond Harrison ਀ऀऀऀऀऀऀऀ倀甀戀氀椀猀栀攀爀㰀戀爀㸀 Staten Island Advance ਀ऀऀऀऀऀऀऀ㰀戀爀 ⼀㸀 Todd Schurz ਀ऀऀऀऀऀऀऀ倀爀攀猀椀搀攀渀琀 ☀愀洀瀀㬀 䌀䔀伀㰀戀爀㸀 Schurz Communications, Inc ਀ऀऀऀऀऀऀऀ㰀戀爀 ⼀㸀 Stephen J. Barker ਀ऀऀऀऀऀऀऀ㰀猀瀀愀渀 猀琀礀氀攀㴀∀昀漀渀琀ⴀ猀琀礀氀攀㨀椀琀愀氀椀挀㬀∀㸀⠀刀攀琀椀爀攀搀⤀㰀⼀猀瀀愀渀㸀Ⰰ㰀戀爀 ⼀㸀  Sandy's, Bermuda ਀ऀऀऀऀऀऀऀ㰀戀爀㸀 ਀ऀऀऀऀ㰀⼀琀搀㸀

਀ऀऀऀऀऀ㰀栀㌀㸀㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀倀爀漀昀攀猀猀椀漀渀愀氀 䄀搀瘀椀猀漀爀猀 琀漀 䴀甀琀甀愀氀㰀⼀猀瀀愀渀㸀㰀⼀栀㌀㸀

਀ऀऀऀऀऀऀऀ㰀栀㌀㸀 ACTUARIAL SERVICES ਀ऀऀऀऀऀऀऀऀ㰀⼀猀瀀愀渀㸀吀䄀夀䰀伀刀 ☀愀洀瀀㬀 䴀唀䰀䐀䔀刀Ⰰ 䤀一䌀⸀㰀戀爀㸀倀漀琀漀洀愀挀Ⰰ 䴀愀爀礀氀愀渀搀㰀戀爀㸀 ਀ऀऀऀऀऀऀऀऀ㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀䌀䰀䄀䤀䴀匀 䴀䄀一䄀䜀䔀䴀䔀一吀㰀戀爀㸀 WHITEFORD, TAYLOR & PRESTON, LLP Washington, D.C. ਀ऀऀऀऀऀऀऀऀ㰀戀爀㸀 REINSURANCE BROKERS ਀ऀऀऀऀऀऀऀऀ㰀⼀猀瀀愀渀㸀倀刀䤀䌀䔀 䘀伀刀䈀䔀匀 ☀愀洀瀀㬀 倀䄀刀吀一䔀刀匀Ⰰ 䰀吀䐀⸀㰀戀爀㸀䰀漀渀搀漀渀Ⰰ 䔀渀最氀愀渀搀㰀戀爀㸀 ਀ऀऀऀऀऀऀऀऀ㰀猀瀀愀渀 挀氀愀猀猀㴀∀挀氀愀猀猀㌀∀㸀唀一䐀䔀刀圀刀䤀吀䤀一䜀 䌀伀一匀唀䰀吀䄀一吀匀㰀戀爀㸀 BRUIN STRATEGIES, Inc Coupeville, Washington ਀ऀऀऀऀऀऀऀऀ㰀戀爀㸀ऀऀऀऀ ਀

਀ऀऀऀऀऀ㰀栀㐀㸀☀⌀㄀㐀㤀㬀☀渀戀猀瀀㬀㰀愀 栀爀攀昀㴀∀挀漀瘀攀爀愀最攀⸀栀琀洀氀∀㸀䄀瘀愀椀氀愀戀氀攀 䌀漀瘀攀爀愀最攀㰀⼀愀㸀 ☀渀戀猀瀀㬀☀⌀㄀㐀㤀㬀☀渀戀猀瀀㬀㰀愀 栀爀攀昀㴀∀⌀∀ 漀渀挀氀椀挀欀㴀∀䌀匀䄀挀琀椀漀渀⠀渀攀眀 䄀爀爀愀礀⠀⼀⨀䌀䴀倀⨀⼀✀䈀㜀䐀　㈀㄀䌀㤀　✀⤀⤀㬀爀攀琀甀爀渀 䌀匀䌀氀椀挀欀刀攀琀甀爀渀⠀⤀㬀∀ 挀猀挀氀椀挀欀㴀∀䈀㜀䐀　㈀㄀䌀㤀　∀㸀䌀漀渀琀愀挀琀 䤀渀昀漀爀洀愀琀椀漀渀㰀⼀愀㸀☀渀戀猀瀀㬀 ☀渀戀猀瀀㬀☀⌀㄀㐀㤀㬀 㰀愀 栀爀攀昀㴀∀洀愀椀氀琀漀㨀椀渀昀漀䀀洀椀挀⸀戀洀∀㸀䌀漀渀琀愀挀琀 唀猀㰀⼀愀㸀 ☀渀戀猀瀀㬀☀渀戀猀瀀㬀☀⌀㄀㐀㤀㬀 㰀愀 栀爀攀昀㴀∀洀椀挀─㈀　栀漀洀攀㈀⸀栀琀洀氀∀㸀䠀漀洀攀㰀⼀愀㸀㰀⼀栀㐀㸀