XN Financial Announces Launch of XN Special Risks

Online Storefront Provides Solutions for Canadian Insurance Brokers and Agents

TORONTO, Sept. 22 2010 – XN Financial today announced the launch of XN Special Risks, a virtual storefront providing insurance agents and brokers online access to a broad range of domestic and international specialty product lines.

XN Special Risks’ online systems enable agents and brokers to submit insurance applications in a one-step, real-time process, expediting the paperless management of insurance programs.

“XN Special Risks is poised to respond to conventional and complex risks with a technological platform that combines a diverse product offering, knowledgeable underwriting, a complete claims service and strong carrier relationships,” said Dan Anber, President and CEO of XN Financial. “Our virtual storefront creates a competitive advantage for brokers as the rating, quoting, binding and issuance of insurance documents is facilitated by our simplified web-enabled applications. XN Special Risks creates an unparalleled technological channel that allows distribution partners to effectively and profitably service their clients around the world.”

XN Special Risks products are supported by Lloyd’s of London and other domestic and international insurance carriers.

For more information, visit www.xnsr.ca.

About XN Financial

XN Financial is a leading provider of insurance and financial products. The company delivers a comprehensive suite of global financial solutions across a broad range of specialty product lines, industry segments and business types. XN Financial supports its growing portfolio of products with underwriting expertise, powerful technology, a global call center that offers 24/7 multilingual service and strategic alliances focused in the areas of health, safety and security. XN Financial is headquartered in Montreal, Quebec. For more information, please visit www.xn.com.