The Company was incorporated under the laws of Delaware on 1 November 2000. FairBoss Corporation, through its wholly owned subsidiary FairBoss Underwriters, Inc., provides reinsurance and related reinsurance services specializing in Employment Practices Liability Insurance (EPLI). EPLI is a form of insurance that protects employers from certain types of employee suits such as sexual harassment, wrongful termination and wage discrimination.
Through its wholly owned subsidiary Program Specialists, LLC the Company assists insurance companies in the development and implementation of their program business. FairBoss is a registered trademark of FairBoss Underwriters; Program Specialists and Cambridge Risk are trademarks of Program Specialists, LLC.
The listing of the Common Shares of FairBoss Corporation is sponsored by First Bermuda Financial Serivices.
The issue is being listed under the Restricted Marketing provisions of the Exchange and is for securities that are aimed at Qualified Investors, being individuals or institutions that invest either a minimum of $100,000 or otherwise meet one of the suitability tests defined by the Listing Regulations of the Exchange.
"We are excited about this important step in the growth of FairBoss and our continuing relationship with the BSX", said J. Thomas Ramsey, Chairman of FariBoss Corporation.
"The BSX welcomes FairBoss Corporation to listing", said Mr. James S. McKirdy, Listings and Compliance Manager of the BSX. "FairBoss Corporation is the third insurance or insurance services company to list on the Exchange recently."
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For further information on FairBoss Corporation please contact Mary Preston Brown of FairBoss Corporation at telephone: 312-474-6183 or facsimile: 630-839-7308.