BOARD OF DIRECTORS

Brian K. McCarthy, Chief Executive Officer, Director 

Mr. McCarthy is the Founder and CEO of Energi Holdings, Inc. and Energi Insurances Services, Inc. Previously, as the Managing Director and CEO of the Conifer Companies, Conifer Insurance Agency, Inc. and Conifer Energy, based in Peabody, MA, he gained expertise in Captive Program Development and Alternative Risk Management Programs. In 1983, Mr. McCarthy established his own independent insurance agency that led to the development of Conifer Companies in 2001. The Companies developed and recognized to be among the leading providers of risk management, insurance, employee benefits and investment services in New England. The Company is also a leader in providing comprehensive insurance programs to energy companies. Previously, Mr. McCarthy was a founder and Chief Executive Officer of an Internet based insurance distribution company that developed the first online insurance application. Currently as CEO of Energi Holdings, Inc. and Energi Insurance Services, Inc., Mr. McCarthy is leading the organization on a significant growth trajectory which includes expansion across the U.S. He is a past President of the Bay State Independent Insurance Agents Association, Inc. and has served on the Board of Directors of the Professional Independent Insurance Agents Association of Massachusetts.

James P. Townsend, Non Executive Chairman of the Board

Mr. Townsend has been CEO of Townsend Oil Company since 1989. Townsend Oil ranks in the top 10 percent of all petroleum and propane distributors in New England, serving customers in Massachusetts, New Hampshire and Maine. Mr. Townsend is also active in a number of organizations representing the petroleum industry and is the immediate past Chairman of the National Oil Heat Research Alliance (NORA). Jim also serves as a Director and Executive Committee Member of the Massachusetts Oil Heat Council and previously served as President of the New England Fuel Institute and Co-Chairman of the Heating Fuels Committee of the Petroleum Marketing Association of America.

 Fred Boling, Vice Chairman 

Mr. Boling is the President of Commonwealth Oil Refining and Wyatt Energy. He is also a Director of West Siberian Resources, LTD., a publicly traded independent oil Company with operations in Russia. Mr. Boling previously held executive positions with Sinclair Oil, Atlantic Richfield, BP Oil Corp., Gibbs Oil and Astroline Oil Trading Corp. In addition to his tenure of thirty five years experience in the oil industry, Mr. Boling has been active in the banking industry and was President of Security National Bank, a Director of Bank of New England, and was as a Director of Pacific National Bank, Massachusetts until its recent acquisition by Bank of America.

Patrick Fee, Director

Mr. Fee has been the President & CEO and Board Member of Clarendon Insurance and its four insurance company subsidiaries since April, 2006. Prior to joining Clarendon, Mr. Fee was a partner with the law firm of Foley & Lardner, LLP which he joined in 1989 as an Associate. He holds an AB from the University of Chicago and a JD from the Harvard Law School each with honors. 

Jürgen Gräber, Director

Mr. Gräber is a Member of the Executive Board of Hannover Re in the Non life, Advanced Solutions area. He is responsible for the coordination of entire Non life reinsurance; Quotations Non life reinsurance, Specialty lines worldwide (marine, aviation and space offshore, energy, credit, surety, political risks); Non life treaty reinsurance Great Britian and Ireland; Stuctured products worldwide; Retrocessions; insurance-linked securities He is a graduate of the University of Hannover with a Bachelor of Economics.

Charles Holden, Director 

Mr. Holden is the President of Holden Oil, Inc., an oil and propane marketer based in Peabody, Massachusetts. Mr. Holden has been involved in the energy business his entire working career. He has experience in the operation of gasoline stations as well as all phases of heating oil and propane gas operations. Charles holds a B.A. in Economics from the University of New Hampshire. 

Vincent Osterman, Director

Mr. Osterman is the President of Osterman Associated Companies, headquartered in Whitinsville, Massachusetts. The company is engaged in the distribution of retail and wholesale propane and real estate investment throughout the Northeast. Mr Osterman also serves on the Board of Directors of the National Propane Gas Association and the Board of Advisors of the Gaudette Insurance Company.