Federated National Insurance

Federated National Insurance Investors
Saturday, October 25, 2014

Corporate Governance

Officers

Michael H. Braun
Chief Executive Officer / President

Peter J. Prygelski
Chief Financial Officer / Treasurer

Rebecca L. Campillo
Secretary

Michael H. Braun
Mr. Braun was appointed Chief Executive Officer of FNHC in July 2008, President in June 2009, and elected to the Board of Directors in December 2005. Previously, Mr. Braun was Chief Operating Officer (COO), where he was responsible for the company’s day-to-day operations and strategic product portfolio. Mr. Braun has also served as President of Federated National Insurance Company (FNIC), a subsidiary of FNHC, since September 2003, a position that he continues to hold. Previously, he held key management positions within FNIC, responsible for operations, marketing, and underwriting. Prior to joining FNHC, Mr. Braun was Managing Partner for an independent chain of insurance agencies, which was acquired by the Company in 1998.

Peter J. Prygelski
Peter J. Prygelski, III was named Chief Financial Officer in June 2007 after serving as an independent director from January 2004 through June 2007. Mr. Prygelski was re-nominated to the Board in June 2008 and has served as an inside director since that time. Mr. Prygelski has spent his entire career in the financial services industry. He spent twelve years at American Express in various capacities including; Director of Internal Audit and Assistant General Auditor of American Express Centurion Bank. In this capacity Mr. Prygelski was responsible for the monitoring of internal controls for a bank with $45 billion in assets, and assessing and mitigating operational, reputational, regulatory and strategic risk. After leaving American Express, he spent the next 3 years at Ernst & Young and Deloitte and Touche. At both firms, Mr. Prygelski served as a senior manager responsible for growing the financial services practice in the southeast. He managed teams that provided fortune 500 companies with consulting services in the following areas; CFO organization, internal audit, risk management, board of directors and corporate governance.

Rebecca L. Campillo
Rebecca L. Campillo assumed the position of Secretary of the Company in June 2004. Mrs. Campillo began her tenure with the Company in December 1996 as Executive Assistant to the President and was recently elevated to Director of Corporate Affairs. Mrs. Campillo acquired her organizational skills through her administrative positions at various companies from June 1983 through December 1996. Mrs. Campillo is a notary and a licensed real estate agent.

Directors

Michael H. Braun

Peter J. Prygelski

Bruce Simberg
Mr. Simberg has served as a director of the Company since January 1998. Mr. Simberg has been a practicing attorney for the over 25 years, and has been managing partner of Conroy, Simberg, Ganon, Krevans & Abel, P.A., a law firm in Ft. Lauderdale, Florida, since October 1979.

Carl Dorf
Mr. Dorf is the principal of Dorf Asset Management, LLC, and is responsible for all investment decisions made by that company. From January 1991 to February 2001, Mr. Dorf served as the Fund Manager of ING Pilgrim Bank and Thrift Fund. Prior to his experience at Pilgrim, Mr. Dorf was a principal in Dorf & Associates, an investment management company.

Richard W. Wilcox, Jr.
Mr. Wilcox was appointed as a director of the Company in January 2003. Mr. Wilcox has been in the insurance industry for almost 40 years. In 1963, Mr. Wilcox began an insurance agency that eventually developed into a thriving business generating $10 million in annual revenue. In 1991, Mr. Wilcox sold his agency to Hilb, Rogal and Hamilton Company (“HRH”) of Fort Lauderdale, for which he retained the position of President through 1998. In 1998, HRH of Fort Lauderdale merged with Poe and Brown of Fort Lauderdale, and Mr. Wilcox served as the Vice President. Mr. Wilcox retired in 1999.

Jenifer G. Kimbrough
Jenifer G. Kimbrough was appointed to the Board of Directors effective April 1, 2009. Ms. Kimbrough has served as the Vice President of Assurance and Process Improvement for Surgical Care Affiliates since November 2007. Prior to 2007, Ms. Kimbrough was the Senior Vice President of Investor Relations at Regions Financial Corporation. From 1993 to 2003, Ms. Kimbrough served as an Audit Senior Manager at Ernst & Young LLP. Ms. Kimbrough received her certification as a certified public accountant from the Alabama State Board of Public Accountancy in 1994. Ms. Kimbrough is an active member of several societies, including: American Woman’s Society of CPAs, Institute of Internal Auditors, Alabama State Society of CPAs and American Institute of CPAs. Additionally, she recently served on the AICPA Women’s Initiative Executive Committee and as National President of the AWSCPA.

Corporate Documents

Code of Conduct
Audit Committee Charter
Compensation Committee Charter
Nominating Committee Charter