75 Front Street, Hamilton HM 12 - Phone: +1 441 2963600 - Fax: +1 441 2956209 - E-mail: info@fmgroup.bm - Mailing Address: P.O. Box HM 836, Hamilton HM CX, Bermuda

Andrew Wright appointed CEO of Freisenbruch Insurance Services Ltd.

Andrew will assume day-to-day management of Freisenbruch Insurance Services Ltd (FIS), which services a number of independent Freisenbruch (FM) operations.

October 2018

Freisenbruch Insurance Services Ltd (FIS) is pleased to announce that Andrew Wright has been appointed Chief Executive Officer of FIS effective October 1st, 2018. Andrew will assume day-to-day management of FIS which services a number of independent Freisenbruch (FM) operations including a local insurance company, agencies, insurance broking, and pension administration. Michael Freisenbruch continues his roles as FIS President and Chairman, focusing on strategy, client and stakeholder relationships.

“We are very fortunate to have someone of Andrew’s highly valued experience within our organization to manage the firm,” said Mr. Freisenbruch. “We are at a significant stage of our organization and welcome Andrew’s leadership qualities to successfully implement our business strategies and optimize market opportunities. Andrew is visionary in his management style with a proven track record of bringing people together and delivering value to all stakeholders.”

Andrew Wright has almost eight years’ experience with FM, beginning in the FIS finance department as Chief Financial Officer and then assuming the additional role of Chief Operating Officer in 2015. Andrew is a Certified Public Accountant, Certified Management Accountant and was recently certified by the Institute of Directors. Andrew has over 20 years’ experience in a variety of Finance and Management positions, inclusive of IFRS, Statutory Reporting, Risk Management, Compliance and HR Management.

“Given Andrew’s extensive history with our firm’s operational strategies and business goals, Andrew is a perfect fit for his new role as CEO.” said Mr. Freisenbruch. “I am both honored and excited by the trust Mr. Freisenbruch and the Boards of Directors have placed in me, resulting in the opportunity to lead this exceptional organization of resourceful, dedicated and talented professionals,” said Mr. Wright. He added “I truly believe that working closely with Michael we can deliver on the FM strategies, empower the entire team, and drive the existing exemplary levels of customer service to new heights.”

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