Securely managed insurance solutions. White Rock Netherlands Protected Cell Company

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Securely maaged isurace solutios White Rock Netherlads Protected Cell Compay

About us White Rock is a uique ad leadig group of isurace ad reisurace vehicles with operatios i a umber of key domiciles icludig Bermuda, Gibraltar, Guersey, Isle of Ma ad Malta.

Owed by Ao, the White Rock Group offers cliets a diverse suite of isurace solutios through utilisatio of Protected Cell, Icorporated Cell ad Segregated Accout facilities. Ao s leadership i this field is demostrated by our iovative approach to these structures ad our tightly cotrolled goverace framework which esures that our cliets iterests are well protected. White Rock was the first group to form a Protected Cell Compay, the first to form a Icorporated Cell Compay ad is costatly seekig to adapt its structures ad domicile ifrastructure to meet cliet eeds. White Rock Netherlads is dedicated to Dutch busiesses operatig a retaied cell, frotig cell, ru-off or fiality solutio while providig a cost-efficiet solutio with substatial reductio of workload.

Retaied Cells White Rock Netherlads offers Protected cell facilities where each isured s busiess is legally segregated from all other cells i the chose vehicle. These cells ca be used by cliets who wish to have a direct-writig, or reisurace facility without the eed to establish a separate compay. Typically, this solutio may suit small ad medium sized compaies where there are cost efficiecies compared to a stad-aloe captive, or larger orgaisatios that wat to reduce the maagemet time ad admiistratio associated with captive owership. Beefits A effective alterative to a stad-aloe captive, the beefits of which iclude: - Risk maagemet focus ad the ability to stabilise losses over time - Direct reisurace market access icludig potetially additioal capacity - Flexibility i programme desig Coverage may be available i the reisurace market that is ot available from direct isurers facilitatig partial risk trasfer optios Speed of set up ad exit Prove experiece i udertakig these trasactios Cell 6 Cell 5 Priciples of a PCC Cell 1 White Rock PCC Core Cell 4 Cell 2 Cell 3

Frotig White Rock Netherlads assists cliets who eed licesed isurace i the Europea Ecoomic Area (EEA) to access reisurace markets or captives. White Rock Netherlads ca write all o-life classes of busiess, except for compulsory classes, withi the EEA uder Freedom of Services ad ca also issue o-admitted isurace cover i territories where it is permissible to do so. White Rock Netherlads is domiciled withi the EEA ad ca provide cross-border services ito EEA states i accordace with the Europea Directive o Freedom of Services kow as passportig. Beefits More cost effective tha usig a traditioal frotig optio Access to coverage that may be available i the reisurace market that is ot available from direct isurers Access to reisurace market ca reduce the overall cost of premiums Speed of set up Prove experiece i udertakig these trasactios Ability to tailor policy terms ad coditios Speed of paymet of reisurace premiums Favourable collateral terms

Ru-Off ad Fiality Solutios White Rock Netherlads offers rump warehousig solutios for example: whe a captive ower decides to exit the market, very ofte they fid that they caot fid acceptable market terms to do so for all of the risks the captive has uderwritte. As a result the captive ower is forced to maitai the etity, icurrig the cost ad maagemet time required util such time as the uderlyig market coditios chage. This ca be avoided where the reserve block i questio ca be trasferred to a cell. I this case all isurace related reserves ca be removed from the captive s balace sheet ad the compay ca be closed. Beefits The aual cost ad maagemet time ivested i ruig the captive is elimiated Cotrol over the reservig ad claims maagemet process is maitaied Reserves ca develop util a viable market solutio ca be foud

Why White Rock Netherlads? White Rock Netherlads replicates a commo Protected Cell structure with additioal beefits for Dutch compaies. White Rock Netherlads typically offers lower capital requiremets tha a fully owed (re)isurace (captive) solutio White Rock Netherlads offers local servicig from The Netherlads White Rock Netherlads offers a eutral fiscal treatmet White Rock Netherlads offers passportig ito ay other EU or EEA member state ad ca also issue o-admitted isurace cover i territories where it is permissible to do so White Rock Netherlads offers faster etry/exit tha a traditioal stad-aloe captive White Rock Netherlads offers full outsourcig of operatioal, supervisory ad admiistrative activities White Rock Netherlads is Malta licesed because of Protected Cell legislatio

About Ao Ao plc (NYSE:AON) is the leadig global provider of risk maagemet, isurace ad reisurace brokerage, ad huma resources solutios ad outsourcig services. Through its more tha 66,000 colleagues worldwide, Ao uites to empower results for cliets i over 120 coutries via iovative ad effective risk ad people solutios ad through idustry-leadig global resources ad techical expertise. Ao has bee amed repeatedly as the world s best broker, best isurace itermediary, reisurace itermediary, captives maager ad best employee beefits cosultig firm by multiple idustry sources. Visit www.ao.com for more iformatio o Ao ad www.ao.com/machesteruited to lear about Ao s global partership ad shirt sposorship with Machester Uited. Cotacts - Netherlads Alex va de Doel Maagig Director t: +31 10 4487532 e: alex.va.de.doel@ao.l Vicet Barrett Group Maagig Director t: +353 86 8188595 e: vicet.barrett@ao.ie thewhiterockgroup.com Ao UK Limited is authorised ad regulated by the Fiacial Coduct Authority. Registered Office: 8 Devoshire Square, Lodo, EC2M 4PL Registered i Lodo No.210725 VAT Registratio No.480 48 Copyright 2014 by Ao UK Limited. All rights reserved.