Stirling Cooke Names Anthony McCallum Managing Director of London Operations

Apr 19, 2001, 01:00 ET from Stirling Cooke Brown Holdings Limited

    NEW YORK, April 19 /PRNewswire/ --
 Stirling Cooke Brown Holdings Limited (Nasdaq: SCBHF) today announced the
 appointment of Anthony C. McCallum as Managing Director of the Company's
 London reinsurance intermediary operations.  Mr. McCallum will assume the
 position on or about May 1, 2001.
     Mr. McCallum is a seasoned executive with 24 years of service in the
 London reinsurance market.  He gained most of his experience during his 17
 years with Carpenter Bowring UK Ltd., the London-based international
 reinsurance broker subsidiary of Marsh & McLennan, where he served as Chairman
 and Chief Executive during his last years there.
     Stephen A. Crane, Stirling Cooke's President and Chief Executive Officer
 stated, "We are pleased to have a leader of Tony McCallum's caliber and
 reputation to direct our London operations.  We are undertaking a critical
 rebuilding effort in London, and with Tony at the helm we are confident of
 achieving our objectives.  By recruiting Tony, we are also sending a very
 clear message as to how we will conduct ourselves in the London market -- with
 integrity and the highest of professional standards."
     Mr. Crane added, "With our success in filling this key position, the
 Company has now completed a total overhaul of management that began two years
 ago.  In this regard, I can say without hesitation that this is an entirely
 new Company with a bright future."
     Mr. McCallum began his professional insurance career in London in 1977 at
 Bain Dawes, now part of AON, before moving in 1980 to C.T. Bowring
 Reinsurance, where he became a specialist in North American reinsurance.  He
 became Chief Executive of Carpenter Bowring in 1994 and then Chairman and
 Chief Executive in 1995.  He also served on the Executive Committee of Guy
 Carpenter and Company Inc., with responsibility for their London-based
 worldwide reinsurance operations.
     He moved in 1997 to Jardine Lloyd Thompson to develop that firm's Non
 Marine Reinsurance business but left two years later to pursue an
 entrepreneurial opportunity. He founded Logon London Limited, which
 specializes in developing, marketing and brokering innovative reinsurance and
 insurance products.  One of the products has gained interest from brokers and
 some major companies in the USA, and Mr. McCallum has developed a lineslip
 that is supported by a number of leading Lloyd's syndicates and some  'A'
 Rated companies.  It is anticipated that he will continue to be involved in
 the promotion of this product.
     Mr. McCallum, 54, was educated at Radley College, Oxfordshire and served
 as an officer in the British Army for ten years before beginning his insurance
 career.
 
     Stirling Cooke Brown Holdings Limited is a Bermuda holding company, which,
 through its subsidiaries, provides insurance services and products. The
 Company provides its range of services and products to unaffiliated insurance
 and reinsurance companies, insurance agents and insureds. The Company is
 active primarily in the workers' compensation, occupational accident and
 health and casualty insurance markets through its subsidiaries located in
 London, Bermuda and the United States.
     Stirling Cooke Brown Holdings Limited Ordinary Shares are quoted on the
 Nasdaq market under the symbol "SCBHF."
 
     Statements in this press release which are other than historical facts are
 intended to be "forward-looking statements" within the meaning of the
 Securities Exchange Act of 1934, the Private Securities Litigation Reform Act
 1995 and other related laws, and include, but are not limited to, those
 statements relating to the Company's beliefs, expectations, and estimates
 concerning 2000 and 2001.  While the Company believes such statements are
 reasonable, the actual results could differ materially from those currently
 anticipated.  Factors and risks that could cause such differences include, but
 are not limited to, the factors set forth above, as well as the conditions in
 the workers compensation market, the availability of reinsurance, competition,
 outcomes of legal proceedings, regulation and other factors.  The cautionary
 statements contained in Exhibit 99 to the Company's Form 10-Q for the quarter
 ended September 30, 2000 are incorporated herein by reference.
 
 

SOURCE Stirling Cooke Brown Holdings Limited
    NEW YORK, April 19 /PRNewswire/ --
 Stirling Cooke Brown Holdings Limited (Nasdaq: SCBHF) today announced the
 appointment of Anthony C. McCallum as Managing Director of the Company's
 London reinsurance intermediary operations.  Mr. McCallum will assume the
 position on or about May 1, 2001.
     Mr. McCallum is a seasoned executive with 24 years of service in the
 London reinsurance market.  He gained most of his experience during his 17
 years with Carpenter Bowring UK Ltd., the London-based international
 reinsurance broker subsidiary of Marsh & McLennan, where he served as Chairman
 and Chief Executive during his last years there.
     Stephen A. Crane, Stirling Cooke's President and Chief Executive Officer
 stated, "We are pleased to have a leader of Tony McCallum's caliber and
 reputation to direct our London operations.  We are undertaking a critical
 rebuilding effort in London, and with Tony at the helm we are confident of
 achieving our objectives.  By recruiting Tony, we are also sending a very
 clear message as to how we will conduct ourselves in the London market -- with
 integrity and the highest of professional standards."
     Mr. Crane added, "With our success in filling this key position, the
 Company has now completed a total overhaul of management that began two years
 ago.  In this regard, I can say without hesitation that this is an entirely
 new Company with a bright future."
     Mr. McCallum began his professional insurance career in London in 1977 at
 Bain Dawes, now part of AON, before moving in 1980 to C.T. Bowring
 Reinsurance, where he became a specialist in North American reinsurance.  He
 became Chief Executive of Carpenter Bowring in 1994 and then Chairman and
 Chief Executive in 1995.  He also served on the Executive Committee of Guy
 Carpenter and Company Inc., with responsibility for their London-based
 worldwide reinsurance operations.
     He moved in 1997 to Jardine Lloyd Thompson to develop that firm's Non
 Marine Reinsurance business but left two years later to pursue an
 entrepreneurial opportunity. He founded Logon London Limited, which
 specializes in developing, marketing and brokering innovative reinsurance and
 insurance products.  One of the products has gained interest from brokers and
 some major companies in the USA, and Mr. McCallum has developed a lineslip
 that is supported by a number of leading Lloyd's syndicates and some  'A'
 Rated companies.  It is anticipated that he will continue to be involved in
 the promotion of this product.
     Mr. McCallum, 54, was educated at Radley College, Oxfordshire and served
 as an officer in the British Army for ten years before beginning his insurance
 career.
 
     Stirling Cooke Brown Holdings Limited is a Bermuda holding company, which,
 through its subsidiaries, provides insurance services and products. The
 Company provides its range of services and products to unaffiliated insurance
 and reinsurance companies, insurance agents and insureds. The Company is
 active primarily in the workers' compensation, occupational accident and
 health and casualty insurance markets through its subsidiaries located in
 London, Bermuda and the United States.
     Stirling Cooke Brown Holdings Limited Ordinary Shares are quoted on the
 Nasdaq market under the symbol "SCBHF."
 
     Statements in this press release which are other than historical facts are
 intended to be "forward-looking statements" within the meaning of the
 Securities Exchange Act of 1934, the Private Securities Litigation Reform Act
 1995 and other related laws, and include, but are not limited to, those
 statements relating to the Company's beliefs, expectations, and estimates
 concerning 2000 and 2001.  While the Company believes such statements are
 reasonable, the actual results could differ materially from those currently
 anticipated.  Factors and risks that could cause such differences include, but
 are not limited to, the factors set forth above, as well as the conditions in
 the workers compensation market, the availability of reinsurance, competition,
 outcomes of legal proceedings, regulation and other factors.  The cautionary
 statements contained in Exhibit 99 to the Company's Form 10-Q for the quarter
 ended September 30, 2000 are incorporated herein by reference.
 
 SOURCE  Stirling Cooke Brown Holdings Limited