SURETY PANEL DISCUSSION – Challenging Issues Facing the Industry Willis Construction Risk Management Conference, New Orleans September 12, 2013

1 INTRODUCTIONS 1. Rosemary Quinn – General Counsel, C.N.A. Surety 2. Fran McGrath – Chief Underwriting Officer, Core Contract, Liberty Mutual Surety 3. Fred Schwait – Chief Underwriting Officer, Construction Services, South Central Territory, Travelers 4. Tom McClellan – Senior Vice President, Contract Surety East Region, Zurich Surety

2 TOPICS OF DISCUSSION 1.Federal Gov’t Set Aside Contracts – Rosemary Quinn 2.Claims Trends – Fran McGrath 3.Contractual Terms & Conditions – Fred Schwait 4.Alternative Delivery / P3 – Tom McClellan

3 CONTACT INFORMATION Rosemary Quinn – C.N.A. Surety / Fran McGrath – Liberty Mutual Surety / Fred Schwait – Travelers Bond / Tom McClellan – Zurich Surety / Sean McGroarty – Willis /