Press Releases

SAYLOR & HILL NAMES THREE PRINCIPALS
Promotion Of Senior Associates Completes Management Transition

OAKLAND, Calif., June 1, 2005 – Saylor & Hill, a leading provider of risk management, insurance and employee benefits services, today announced that three senior associates of the firm have been promoted to principal.

Tim Sweeney, Kevin Mirsky and Chris Williams, each of whom has worked for the firm for more than a decade, will become owners of Saylor & Hill. They join four existing principals who recently purchased the majority ownership interests of two retiring Saylor & Hill executives who worked for the firm for 50 years.

In April, John P. Stock and Paul McKnight retired and sold their interests in the firm to CEO Michael Mirsky, Chief Financial Officer John V. Stock, Jeff Calder and Dave Cannon. The transaction enabled Saylor & Hill to remain a private, independent firm that specializes in delivering risk management, insurance and employee benefits services to mid-tier and emerging growth companies in Northern California.

“Tim Sweeney, Kevin Mirsky and Chris Williams are highly talented professionals whose experience and energy will be valuable assets as the firm enters a new phase of its growth,” said Michael Mirsky, Chief Executive Officer of Saylor & Hill. “These executives strengthen the Saylor & Hill team and give us the capability to pursue opportunities in a variety of areas.”

Williams will continue to work with clients in developing employee benefits programs, while Mirsky and Sweeney will remain focused on creating comprehensive risk management and insurance programs in the Property & Casualty area.

Their experience includes the following:

• Chris Williams has more than 17 years of experience in the employee benefits industry and joined Saylor & Hill in 1993 after working for Travelers Insurance Company as a Sales Director for the Western Region. He has a Bachelor of Science degree in Economics from the University of California, Berkeley.

• Kevin Mirsky has more than 14 years of experience in the insurance industry and joined Saylor & Hill in 1991. He has a Bachelor of Arts degree in History from the University of Colorado at Boulder.

• Tim Sweeney has 19 years of experience as a property and casualty insurance executive and joined Saylor & Hill in 1994 after working for Liberty Mutual Insurance and Firemen’s Fund Insurance. He has a Bachelor of Science degree in Accounting from St. Mary’s College in Moraga, California.

“Throughout its 72-year history, Saylor & Hill has always had dynamic leadership, and the addition of these successful executives to the firm’s ownership group continues that tradition,” Mirsky said.

About Saylor & Hill
Saylor & Hill has provided risk management, insurance and employee benefits services to businesses, nonprofit organizations, public entities, educational institutions and individuals for 72 years. Saylor & Hill works in partnership with clients to develop comprehensive programs to minimize risk and motivate and retain employees. Saylor & Hill is based in Oakland, California and can be reached at 510.273.8888, or www.saylorhill.com.