Forum National Investments Ltd. (Forum Investments) was incorporated in British Columbia, Canada in 1995. We are a registered public company trading under the symbol FMNL. There primary business revolves around developing consumer driven organizations designed to enhance lifestyles.The largest company in our portfolio is a company specializing in Life Settlements throughout the United States. ( ALSS )

West Bend Mutual helps protect the property and other assets for its members in nine midwestern states. The company provides personal and commercial property/casualty insurance, including auto, homeowners, workers' compensation, and umbrella coverage. Its National Specialty Insurance (NSI) division offers specialty policies for businesses including child care centers, tanning parlors, not-for-profit organizations, and athletic leagues. Some 700 independent agencies sell the company's products. West Bend Mutual was founded in 1894.

Liberty Northwest Insurance is a regional multiline insurer operating in five northwestern states: Alaska, Idaho, Montana, Oregon, and Washington. Its main business is providing workers' compensation insurance to area businesses, and it is the leading private workers' compensation insurer in some of its markets, including Oregon and Montana. However, Liberty Northwest also provides other kinds of commercial and personal coverage, including car, homeowners, business owners, and agribusiness insurance. A subsidiary of Boston-based insurance giant Liberty Mutual, the company is part of its parent's Agency Markets segment, a unit comprising Liberty Mutual's regional insurance carriers.

NBIS delivers premier Construction and Transport Risk Management Products and Services. Our goal is to be recognized as a market leader in Specialty Construction and Transport Insurance through customized programs with carriers, trade groups, and distribution partners.Through our special relationships with producers, affinity groups and insured’s, we partner with insurance carriers in customizing responsive risk management programs. Carriers focused on underwriting niche products through Managing General Underwriter (MGU) program administrators are attracted by our specialized expertise in Construction and Transport Industry Underwriting, our proprietary Risk Management Support System©, our ability to assume risk, and the capability of our support professionals and systems to adapt to new opportunities.

Indiana Farmers Mutual underwrites personal auto, homeowners, farmowners, and commercial insurance for customers in (and only in) Indiana. The company sells its products exclusively through independent agents throughout the state. Indiana Farmers Mutual traces its roots back to 1877 when a group of farmers banded together for protection against fire loss.

Phoenix Group Holdings has a Premium Listing on the London Stock Exchange and is a member of the FTSE 250 index. The Group is a closed life assurance fund consolidator that specialises in the management and acquisition of closed life and pension funds, and operates primarily in the United Kingdom. Measured by total assets, the Group is the largest UK consolidator of closed life assurance funds. The Group has around 6.5 million1 policyholders and assets of £69 billion1. The Group has two core business segments: life assurance (including its management services operations) which is referred to as 'Phoenix Life', and asset management which is referred to as 'Ignis Asset Management'. The Group has eight operating life companies which hold policyholder assets.

Frenkel & Co., Inc. (“Frenkel”) was founded in 1878 by Emil Frenkel, a German immigrant. His sons, George and Leo, participated in the business and emulated Emil’s pioneering spirit and leadership. They firmly established Frenkel’s presence and reputation in the New York insurance market with the imagination and ingenuity characteristic of the American dream. In 1985, the Frenkel & Co., Inc. Employee Stock Ownership Plan (ESOP) was established, allowing Frenkel to remain an independent broker. Frenkel’s ownership remained in the ESOP structure until it was purchased in January 2001 by our current President and Chief Executive Officer, John F. Kelly, and current Chairman of our Board of Directors, Robert E. Shunk.

The Texas Windstorm Insurance Association is a not-for-profit association that provides hail and windstorm coverage to Texan gulf coast property owners. The company is a pool of all property/casualty insurers that are authorized to write such policies in the state of Texas. The association has seen its policyholders triple to hundreds of thousands since Hurricanes Katrina and Rita hit the gulf coast several years ago. State legislators founded Texas Windstorm Insurance Association as a last resort provider -- providing coverage when other carriers pull out of high risk areas -- in 1971.

Unum Group, together with its subsidiaries, provides group and individual disability insurance products primarily in the United States and the United Kingdom. Unum Group also provides a portfolio of other insurance products, including long-term care insurance, life insurance, employer and employee-paid group benefits, and related services. Its products include group long-term and short-term disability; group life and accidental death, and dismemberment; individual disability; group and individual long-term care; brokerage voluntary benefits; group life; accident, sickness, and disability; and cancer and critical illness insurance products. The company also provides individual life and corporate-owned life insurance, reinsurance pools and management operations, group pension, health insurance, and individual annuities. It markets its products primarily to employers interested in providing benefits to their employees. Unum Group was founded in 1848 and is based in Chattanooga, Tennessee.

Founded in 1992 by the Dental Society of Massachusetts, as a "by dentists, for dentists,®" company, Eastern Dentists Insurance Company (EDIC) has grown to thousands of members in Massachusetts, Rhode Island, Connecticut, New Hampshire, Vermont, Maine, New Jersey, New York and Pennsylvania. The company was expressly formed to control the rising costs of dental malpractice insurance and allow our colleagues to control our own destinies.

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