SPECIALTY UNDERWRITERS’ ALLIANCE, INC. 20,000,000 Shares of Common Stock UNDERWRITING AGREEMENTSpecialty Underwriters • November 5th, 2004 • Specialty Underwriters Alliance, Inc. • Fire, marine & casualty insurance • New York
Contract Type FiledNovember 5th, 2004 Company Industry JurisdictionFRIEDMAN, BILLINGS, RAMSEY & CO., INC. WILLIAM BLAIR & COMPANY, L.L.C. COCHRAN, CARONIA & CO. as Representatives of the several Underwriters c/o Friedman, Billings, Ramsey & Co., Inc. 1001 19th Street North Arlington, Virginia 22209