June 10, 2015 ABFC – 2015 Supply Chain Insurance

Marsh Leader in Client Value Delivery, Supported by Scale and Scope Marsh Operations Correspondent / Regional Office Revenue: $5.7B MMA 11% International 52% US and Canada 37% 27,000 colleagues 500 offices in more than 130 countries Approx. $55B in global premium 1

22 12 th largest US agency, driving significant growth through 40+ agency partnerships, 3,060 colleagues across 75 locations Employee Benefits, 39% Commercial P&C, 40% Revenue ($M) Marsh & McLennan Agency Current Run-Rate

Marsh & McLennan Agency - Today 3 Anchorage

Marsh & McLennan Agency Energy Vertical – Profile Formed in 2009/2010 Studied & invested in the industry Focused on Biofuels/Biomass Fragmented supplier network Manuscripted coverage form Located Zurich Supply Program –Teaching Zurich the unique Biomass/Biofuels industry –Coverage is in place and available in the market

Supply Chain Insurance – Who it’s for Any organization that –Significant dependence on their supply chain –Wants to protect their revenue stream “output” –Wants to improve their ability to gain favorable financing terms

Supply Chain Insurance – What it is “All Risk” Business Interruption –Loss of profit –Increased cost of working Transfer risks associated with named suppliers Insurance is based upon pre-agreed limits per supply and supplier “Reduction in Supply which leads to a reduction in Output…”

Supply Chain Insurance – What it isn’t Quality of Supply Deliberate Acts of the Insured –Non acceptance of the supply Deliberate Acts of the Supplier –Withholding due to non-payment …Very Few Exclusions…

Supply Chain Insurance – What’s needed Detailed overview of operations / project –Financials / pro-forma’s –Off-take agreements –Etc… Current supply agreements in place Detailed analysis of supply chain …The better the information the better the outcome…

10 George G. Phillips Sr. Vice President (o) (c)