For Immediate Release

INDUSTRY VETERAN ESTABLISHES ENVIRONMENTAL INSURANCE WHOLESALE FIRM -- NEW DAY UNDERWRITING MANAGERS, LLC

     BORDENTOWN, NJ, April 6 - Jefferey S. Lejfer, CPCU today announced the establishment of New Day Underwriting Managers LLC, an environmental insurance wholesale firm. The company, based in Bordentown, N.J., will assist brokers and their clients find appropriate environmental insurance coverages from major insurance markets.

     According to Mr. Lejfer, "Businesses are continually concerned with their potential environmental risks and finding ways to manage them. New Day Underwriting aims to be more than an environmental risk management resource for agents and brokers, but rather a strategic partner and strategist, helping them seek the most suitable risk management approach from the most suitable market."

     "New Day Underwriting offers brokers time savings and efficiency by using the latest technology for insurance brokerage systems and giving one point access to New Day's specialized underwriting expertise and the nation's leading environmental insurance providers and their portfolio of coverages," said Lejfer.

     "Brokers can turn to New Day Underwriting to enlist its underwriting expertise, tap into our team's extensive environmental liability expertise, and take advantage of our longstanding industry relationships," said Mr. Lejfer. "On top of that access, the company's promise is to deliver that access professionally and responsively - service that will set a first class standard in the industry."

     Mr. Lejfer established New Day Underwriting after enjoying a 30-year career working with several insurance industry leaders and gaining broad-based industry expertise in specialty coverages, underwriting management, administration, sales, and marketing. Lejfer's extensive environmental insurance underwriting experience was honed during the more than a dozen years he spent with XL Environmental, formerly called ECS, Inc., one of the pioneering environmental insurance providers.
Most recently, Mr. Lejfer served as President of XL Programs, a U.S. division of Bermuda-based XL Capital, where he managed overall operations and underwriting relationships for XL's specialized program business.

     New Day Underwriting Managers is located at 33 Third Street, Bordentown. More information about the company is available on their website at www.newdayunderwriting.com

###