Global Aerospace Underwriting Managers Ltd. Statement Regarding U.K. Referendum Vote

June 27, 2016

Global Aerospace Underwriting Managers Ltd. affirms that there is no immediate action necessary for our organization due to the recent “Brexit” Referendum in the U.K. It is anticipated that the process of the U.K’s withdrawal from the EU will take time. Global Aerospace remains committed to our business and we will continue to operate as usual, while closely monitoring developments.

If necessary, we will restructure our operations locally to ensure that the U.K.’s departure from the EU will not impact our ability to provide superior service to our policyholders throughout Europe.