Lambert Named Senior VP-Compliance Uni-Ter Underwriting Management Corp.


ATLANTA, GA--(Marketwire - October 25, 2007) - Jeri Lambert, an insurance executive with more than 25 years in the business, has been named Senior Vice President-Compliance at Uni-Ter Underwriting Management Corporation, a leading administrator of Risk Retention Groups (RRG), captives, and other alternative insurance mechanisms.

Lambert moved up to Senior Vice President-Compliance after serving Uni-Ter for the last five years as Senior Claims Analyst with additional responsibilities in the Underwriting Division for program filings and contracts. "We welcome Jeri to our senior management team where her industry experience and expertise will make an important contribution to our growing organization," said Sanford "Sandy" Elsass, President and CEO.

Uni-Ter is recognized as the pioneer in creating and managing Risk Retention Groups to provide General and Professional Liability Insurance to the long-term care industry, having formed Ponce de Leon LTC RRG, Inc. in Florida, the first RRG to cover nursing homes, assisted living facilities, independent living facilities, and continuing care retirement communities.

Uni-Ter also formed and manages Lewis & Clark, LTC RRG, Inc. that insures long-term care facilities in 41 states; J. M. Woodworth Risk Retention Group, Inc. that writes medical malpractice insurance for physicians and surgeons in New York State; and Sophia Palmer Nurses RRG, Inc. that provides malpractice insurance to nurses in Florida. Uni-Ter is a subsidiary of U. S. RE Companies, Inc., the New York-based, international financial services firm with operations in reinsurance brokerage, property/casualty insurance, Alternative Risk Transfer, and investment banking.

As Compliance Officer, Lambert will oversee the operations of Uni-Ter Claims Services Corporation, an affiliate of Uni-Ter Underwriting Management Corporation. She will be responsible also for licensing and training, along with policies and procedures to assure compatibility with insuring agreements and regulatory requirements. Lambert came to Uni-Ter after holding positions in marketing, risk management, underwriting, and related activities at J. Smith Lanier & Co.; Kendall Risk Management; and Marsh McLennan, Inc.; among others.

She holds the following designations: CPCU (Chartered Property Casualty Underwriter), AU (Associate in Underwriting), ASLI (Associate in Surplus Lines Insurance), and AIT (Associate in Information Technology). She is licensed as an insurance agent in Nevada and Georgia, as a Surplus Lines Broker in Georgia, as an Adjuster in Georgia, and as a Non-Resident Adjuster in 18 states. Lambert is a Certified Professional Insurance Woman. She won the 2000 Georgia Professional Insurance Agents' Education Award.

Contact Information: For more information, contact: Mechlin Moore MDM Communications 239-777-1595