January 6, 2011

Global Aerospace, Inc. is pleased to announce the restructuring of its U.S. Underwriting Unit

Parsippany, NJ,  (January 6, 2011)  - Global Aerospace, Inc. announces the restructuring of its U.S. Underwriting Unit, promoting Mr. Jeffrey S. Bruno to the newly created position of Chief Underwriting Officer.  In his new role, Mr. Bruno will have executive responsibility for all General Aviation, Airline, Product Liability and Workers’ Compensation business underwritten by Global Aerospace in the United States.  He will report to Jeff Cassidy, President of Global Aerospace, Inc., and Nick Brown, Group CEO and Group Chief Underwriting Officer of Global Aerospace, Ltd.

In addition, Mr. Kenneth Mount and Mrs. Marilena Sharpell have been appointed to the position of Executive Underwriting Officer, reporting directly to Mr. Bruno.  For full details of the new organization structure, click here.

This new structure creates a single, integrated underwriting unit that simplifies Global’s organization while enabling us to provide consistent, innovative, high quality service for all of our customers. Ultimately, Global’s customers will have seamless access to all our group resources through a single point of contact.

Global also announces the retirement of Mr. Brian McBride, Executive Vice President of Major Risks.  The Company expresses its appreciation to Mr. McBride for his many years of dedicated service.