Richard N. Shaak

President and CEO, STARR Technical Risks Agency, Inc.

Richard N. Shaak is President and CEO of STARR Technical Risks Agency, Inc., a market leader in providing property insurance, fronting, claims, and loss control services to the highly specialized energy-related and technical industries such as oil and gas, petrochemical, chemical and power generation industries.

Prior to this role, Mr. Shaak has held a number of positions at STARR including President of Starr Indemnity & Liability Company, President of Starr Underwriting Agencies, Eastern Zone Manager, and Vice President and Regional Manager for the New York office of Starr Tech.

Mr. Shaak is a graduate of Louisiana State University with a B.S. in Industrial Engineering.

A.M. Best Financial Strength Rating

Starr Indemnity & Liability Company holds an A.M. Best financial strength rating (FSR) of "A" (Excellent), Financial Size Category XIV, and an issuer credit rating (ICR) of "a".

Starr Syndicate Limited at Lloyd's of London holds an A.M. Best FSR of "A" (Excellent), Financial Size Category XV, and a Standard & Poor's rating of "A+" (Strong) (Lloyd's of London market ratings).

Effective Date: October 20, 2014

Starr Surplus Lines Insurance Company holds an A.M. Best FSR of "A" (Excellent), Financial Size Category XV, and a ICR of "a".

Starr International Insurance (Asia) Ltd. holds an A.M. Best FSR of “A” (Excellent), Financial Size Category XV an ICR of “a”.

Starr Insurance & Reinsurance Limited holds an A.M. Best FSR rating of “A” (Excellent), Financial Size Category XV, and an ICR of “a”.