Valiant Insurance Group Invests in the Future: Relocates New York City Home Office to Larger Space, Continues to

NEW YORK, NY, Oct 05 (MARKET WIRE) --
For many companies, the search for profitability and growth has been
stymied by the faltering economy and the continuing lackluster
marketplace. Cost-cutting has endangered the retention and recruitment of
talent. Throughout it all, Valiant Insurance Group ("Valiant") has
pursued expansion in a disciplined and controlled fashion, adding
talented professionals to its staff month after month to ensure that
clients, agents and brokers receive the kinds of products and services
they need to survive these difficult times.

Today, Valiant announced that it will be expanding its New York City
Headquarters and will be relocating to larger space at 110 William Street,
New York, NY. The new offices will accommodate roughly double the existing
workforce and are expected to provide sufficient space for up to three
years.

"Despite challenging economic conditions, we've enjoyed several years of
great success building out our U.S. organization," says Gary Dubois,
President and Chief Executive Officer of Valiant. "As a result, this move
to larger space will allow us to further develop the resources and
personnel to continue effectively serving our agents, brokers and client
policyholders."

Valiant has made a strong name for itself within a relatively short period
of time in the U.S. specialty lines insurance marketplace. "Many insurance
organizations are scaling back, retrenching or otherwise restructuring
right now. This upheaval creates dislocation and an unsettled operating
environment. Top people want to work at a place where they can demonstrate
their skills and talent. We've been able to take advantage of the
situation and have been highly successful in attracting the most talented
people out there," notes Mr. Dubois.

About Valiant Insurance Group

Valiant Insurance Group, Inc. provides specialty property and casualty
insurance products and services to the U.S. agency and brokerage market
through its main operating subsidiaries Valiant Insurance Company and
Valiant Specialty Insurance Company, both rated "A- (Excellent)" by
A.M.Best with a Financial Size Category of Class XII. Current product
offerings include Professional Liability, Marine, Casualty and Management
Liability. Valiant Insurance Group is a subsidiary of Ariel Holdings Ltd.,
a diversified global insurance and reinsurance company rated "A-
(Excellent)" by A.M.Best.

CONTACT:
Gary Dubois
President & CEO
Valiant Insurance Group, Inc.
Tel: 212-444-4001
Email: Email Contact

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