Amerinst Insurance Group LTD Sample Contracts

BETWEEN
Management Agreement • August 14th, 2000 • Amerinst Insurance Group LTD • Insurance carriers, nec
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issued to
Quota Share Treaty • May 15th, 2002 • Amerinst Insurance Group LTD • Insurance carriers, nec
issued to
Quota Share Treaty • March 30th, 2000 • Amerinst Insurance Group LTD • Insurance carriers, nec
COMMUTATION AND RELEASE AGREEMENT
Commutation and Release Agreement • May 22nd, 2009 • Amerinst Insurance Group LTD • Insurance carriers, nec • Illinois

This Commutation and Release Agreement (hereinafter the “Commutation Agreement”) is entered into by and between Continental Casualty Company, and its affiliated companies (collectively hereinafter the “Company”) of the one part and AmerInst Insurance Company Limited, formerly known as AmerInst Insurance Company, Inc. (hereinafter the “Reinsurer”) of the other part, effective as of June 1, 2009.

Contract
Professional Liability Quota Share Agreement • November 13th, 2009 • Amerinst Insurance Group LTD • Insurance carriers, nec • New York

The confidential portions of this exhibit have been filed separately with the Securities and Exchange Commission pursuant to a confidential treatment request in accordance with Rule 406 under the Securities Act of 1933, and Rule 24b-2, under the Securities Exchange Act of 1934. Redacted portions of this exhibit are marked by an ***.

MANAGING GENERAL AGENCY AGREEMENT
Managing General Agency Agreement • March 30th, 2022 • Amerinst Insurance Group LTD • Insurance carriers, nec • Illinois

This Managing General Agency Agreement is made and entered into by and between Amwins Specialty Casualty Solutions, LLC (hereinafter called the “Program Administrator”) and Protexure Insurance Agency, Inc. (hereinafter called the “MGA”) together with the Sections, Exhibits and any and all schedules and addenda attached hereto constitute the Managing General Agency Agreement between the parties (collectively, this “Agreement”). Program Administrator and MGA and collectively referred to as the “Parties, and individually referred to as a “Party” in this Agreement.

EMPLOYMENT AGREEMENT between AmerInst Professional Services, Limited and
Employment Agreement • March 29th, 2010 • Amerinst Insurance Group LTD • Insurance carriers, nec • Illinois

This Employment Agreement (“Agreement”) is effective the 24th day of November, 2009, by and between AmerInst Professional Services, Limited (“Employer”), and F. Kyle Nieman III (“Employee”).

ADDENDUM TO THE CAPTIVE INSURANCE COMPANY MANAGEMENT SERVICES AGREEMENT BETWEEN CEDAR MANAGEMENT LIMITED (“CEDAR”) USA RISK GROUP (BERMUDA), LTD. (“USABDA”) (and their affiliated companies) (hereafter collectively “MANAGER”) AND AMERINST INSURANCE...
Captive Insurance Company Management Services Agreement • March 29th, 2010 • Amerinst Insurance Group LTD • Insurance carriers, nec

The original agreement between COMPANY and MANAGER is hereby renewed for one year beginning January 1, 2010 and ending December, 31, 2010.

ADDENDUM TO THE CAPTIVE INSURANCE COMPANY MANAGEMENT SERVICES AGREEMENT BETWEEN CEDAR MANAGEMENT LIMITED (“CEDAR”) USA RISK GROUP (BERMUDA), LTD. (“USABDA”) (and their affiliated companies) (hereafter collectively “MANAGER”) AND AMERINST INSURANCE...
Management Services Agreement • March 25th, 2011 • Amerinst Insurance Group LTD • Insurance carriers, nec

The original agreement between COMPANY and MANAGER is hereby renewed for one year beginning January 1, 2011 and ending December, 31, 2011.

AMENDMENT #1 TO ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • September 21st, 2023 • Amerinst Insurance Group LTD • Insurance carriers, nec

THIS AMENDMENT TO ASSET PURCHASE AGREEMENT (this “Amendment”) is made and entered into this 19th day of September, 2023, by and between Protexure Insurance Agency, Inc., Protexure Risk Purchasing Group, Inc., and MAC 43, LLC (collectively, the “Parties”).

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EMPLOYMENT AGREEMENT
Employment Agreement • March 30th, 2020 • Amerinst Insurance Group LTD • Insurance carriers, nec • Illinois

This EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into effective as of May 20, 2019 (the “Effective Date”) by and between Protexure Insurance Agency, Limited, a Delaware corporation (the “Company”), and F. Kyle Nieman (Executive”).

ADDENDUM TO THE CAPTIVE INSURANCE COMPANY MANAGEMENT SERVICES AGREEMENT BETWEEN CEDAR MANAGEMENT LIMITED (“CEDAR”) USA RISK GROUP (BERMUDA), LTD. (“USABDA”) (and their affiliated companies) (hereafter collectively “MANAGER”) AND AMERINST INSURANCE...
Captive Insurance Company Management Services Agreement • March 31st, 2009 • Amerinst Insurance Group LTD • Insurance carriers, nec

The original agreement between COMPANY and MANAGER is hereby renewed for one year beginning January 1, 2009 and ending December, 31, 2009.

MANAGEMENT AGREEMENT BETWEEN CEDAR MANAGEMENT LIMITED AND AMERINST INSURANCE COMPANY, LTD.
Management Agreement • March 31st, 2009 • Amerinst Insurance Group LTD • Insurance carriers, nec

THIS AGREEMENT is made and entered into this 1st day of July, 2008, between CEDAR MANAGEMENT LIMITED, a Bermuda corporation with its principal office in Hamilton, Bermuda (hereinafter referred to as “MANAGER”), and AMERINST INSURANCE COMPANY, LTD. (on behalf of itself and related companies, AmerInst Mezco, Ltd., AmerInst Insurance Group, Ltd. and AmerInst Investment Company, Ltd.), a Bermuda corporation with its principal office in Hamilton, Bermuda (hereinafter referred to as “COMPANY”).

AMERINST INSURANCE GROUP, LTD. NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • March 31st, 2017 • Amerinst Insurance Group LTD • Insurance carriers, nec

This Non-Qualified Stock Option Agreement (this “Agreement”) by and between AMERINST INSURANCE GROUP, LTD., a Bermuda corporation (the “Company”) and the Grantee named above (referred to below as “you”) evidences the grant by the Company of a Non-Qualified Stock Option to you on the date stated above (the “Grant Date”) and your acceptance of such Option in accordance with the provisions of the Amerinst Insurance Group, Ltd. 2016 Stock Option Plan, as amended from time-to-time (the “Plan”).

ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • June 21st, 2023 • Amerinst Insurance Group LTD • Insurance carriers, nec • Delaware

This ASSET PURCHASE AGREEMENT (the "Agreement"), dated to be effective as of June 15, 2023, is between MAC 43, LLC (the “Purchaser”), an Ohio corporation with offices at 20595 Lorain Road, Fairview Park, Ohio 44126, the Seller, the Special Shareholder, and the Shareholder.

COMMUTATION AND RELEASE AGREEMENT
Commutation and Release Agreement • October 18th, 2021 • Amerinst Insurance Group LTD • Insurance carriers, nec • New York

This Commutation and Release Agreement (hereinafter the “Commutation Agreement”) effective as of March 31, 2021 is entered into by and between The North River Insurance Company, United States Fire Insurance Company, Crum & Forster Indemnity Company, Crum and Forster Insurance Company, and Crum & Forster Specialty Insurance Company (hereinafter collectively called “Reinsured”), and Amerinst Insurance Company Limited (hereinafter called “Reinsurer”).

First Amendment to Agency Agreement
Agency Agreement • October 18th, 2021 • Amerinst Insurance Group LTD • Insurance carriers, nec

This First Amendment to Agency Agreement (“First Amendment”) is effective as of 12:01 a.m. Eastern Time on the 11th day of October, 2021 (the “Effective Date”), between The North River Insurance Company, Crum & Forster Indemnity Company, Crum and Forster Insurance Company, Crum & Forster Speciality Insurance Company, United States Fire Insurance Company (hereinafter collectively referred to as the “Company”) and Protexure Insurance Agency, Inc. f/k/a Amerinst Professional Services, Limited (the “Agent”).

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