Lexington Insurance Company Introduces Discontinued Completed Operations Liability Insurance

NEW YORK--(Business Wire)--
Lexington Insurance Company, an AIU Holdings company, today introduced
Discontinued Completed Operations Liability insurance for its extensive range of
products and services tailored for the construction industry.

"In today`s current economic environment, less funding for construction projects
is causing many contractors across the country to declare bankruptcy or to be
acquired by their competition," said Tom Grandmaison, Vice President, Lexington
Insurance Company. "Prior to an ownership transfer, the acquiring contractor`s
lender may require a separate policy to cover work completed by the contractor
being purchased. Lexington`s Discontinued Completed Operations Liability
insurance meets an acquiring contractor`s needs."

Lexington has previously provided this coverage on its claims-made general
liability policy on an as needed basis, but due to market demand, is now
formally offering the product on its Discontinued Completed Operations
(claims-made) Policy Form. Traditional primary general liability per occurrence
and aggregate liability limits, as well as excess limits over a Lexington
primary general liability policy are also available. Additionally, Lexington can
provide up to ten years of retro coverage with an extended reporting period
equal to the applicable statute of repose (up to 10 years).

"With the formal introduction of Discontinued Completed Operations Liability
insurance, Lexington further exemplifies its tradition of innovation and
responsiveness to market needs," said Mr. Grandmaison.

For more information regarding Discontinued Completed Operations Liability,
contact Tom Grandmaison at 617-345-4130 or thomas.grandmaison@aiuholdings.com,
or visit http://www.aiuholdings.com.

AIU Holdings is a leading property casualty and general insurance organization
serving more than 40 million businesses and individuals worldwide. With a
90-year history, more than 500 products and services, deep claims management
expertise, and excellent financial strength ratings, AIU Holdings enables
individual consumers, entrepreneurial businesses, and large multinationals alike
to manage virtually any risk with confidence. Our insurance and risk management
products and services are provided through insurance brokers, agents, and other
distribution partners around the globe.

AIU Holdings is the marketing name for the worldwide property casualty insurance
operations of AIU Holdings, Inc. and AIU Holdings LLC. For additional
information, please visit our website at www.aiuholdings.com. In the United
States, all products are written by insurance company subsidiaries of AIU
Holdings, Inc. Coverage may not be available in all jurisdictions and is subject
to actual policy language. Certain coverage may be provided by a surplus lines
insurer. Surplus lines insurers do not generally participate in state guaranty
funds and insureds are therefore not protected by such funds. Non-insurance
products and services may be provided by independent third parties.

AIU Holdings
Marie Ali, 212-458-2536

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