Policy Works and Policy Bill Announce Strategic Partnership

Calgary, Alberta – Policy Works Inc. and Policy Bill are pleased to announce they have entered into a strategic partnership.

“At Policy Works, our focus is on helping brokers make commercial lines a sustainable part of their business and a predictable engine for growth,” states Kevin Campbell, President of Policy Works Inc. “Policy Bill has created a unique business proposition that allows brokers to safely enter into the premium finance business. We are pleased to be working with them to provide our brokers with another pillar of profitability.”

“We are very excited to be teaming up with Policy Works.”  Stuart Bruce, CEO of Policy Bill said, “We share a common philosophy to drive innovation in our organizations and commitment to the broker channel.”

Together, the companies intend to work with the independent broker network to provide solutions that enhance broker profitability.

About Policy Works Inc.

Policy Works Inc. is the leading provider of commercial management solutions for the independent broker network in Canada. Our mission – to link brokers and insurers, leveraging the strengths of each, to better serve insureds – is the foundation of everything we do. For more information, please contact:

Michel Vigeant, Vice President, Sales & Business Development, Michel.Vigeant@policyworks.com  1.800.260.3676 ext.122 www.policyworks.com

About Policy Bill

Policy Billing Services Inc. (Policy Bill) is a leading provider of payment solutions to the independent broker channel in the Canadian market place.  The Policy Bill Payment Gateway provides insurance brokers the ability to offer multiple payment options to their clients.  Policy Bill payment processing services include monthly premium financing, back office management for in-house premium finance as well as credit card payment solutions.  Policy Bill is your partner in payments. For more information, visit www.policybill.com or contact:

David Caringi, VP Business Development, Phone: 1.866.504.4771, ext. 203 Email: dcaringi@policybill.com