May 19, 2003
American Wholesale Insurance Group President and Chief Executive Officer, Steven DeCarlo, to Speak at Insurance Investor Conference

May 19, 2003 - Charlotte, NC - Steven DeCarlo, President and Chief Executive Officer of American Wholesale Insurance Group will speak at the Cochran, Caronia & Company Insurance Investor Conference held in New York City on Wednesday, May 21, 2003.

The day-long conference called "Capacity and Profitability in the Property and Casualty Industry" includes break-out sessions on: Insurance Brokerage, Medical Malpractice, Professional Liability, Specialty Commercial, and Reinsurance Brokerage.

Mr. DeCarlo's presentation will be part of the Insurance Brokerage session which is scheduled to begin at 8:30 AM and will last until 10:00 AM. The conference can be heard by logging onto the News section of the American Wholesale Insurance Group web site, located at www.amwins.com. An archive of the presentation will remain available until to July 19, 2003.

American Wholesale Insurance Group (www.amwins.com) is a wholesale insurance organization dedicated to serving retail agents throughout the United States by providing property & casualty, group life and health, program administration services, and premium finance capabilities. The company is ranked by Business Insurance magazine as the nation's third largest wholesale insurance broker organization.

Cochran, Caronia & Co. is a full-service investment banking firm specializing in the insurance industry. The firm offers clients investment banking, research, asset management, equity sales and trading, alternative capital raising, and mergers and acquisition advisory services.