1. Green Coverages Fireman’s Fund Green-Gard Commercial Insurance Program

3. Green Coverages Why is Fireman’s Fund interested in Green Coverages Profound economic value proposition; businesses can improve their cash flow, operating income and asset value by going green. Green coverages enhance Fireman’s Fund’s reputation as a differentiator. Green Buildings are better risks.

4. Green Coverages Climate change poses tremendous risks to the insurance industry. Green buildings reduce Greenhouse Gas (GHG) emissions. Allianz/WWF Climate Change Report addresses this issue in depth. Hurricane Flood Drought Changing weather patterns

5. Green Coverages – Value Proposition Economics of Green Buildings : Energy efficient When a building reduces energy use by 30%, the net operating income will increase by 5%. (EPA 2001) Water efficient. Cost and availability of water west of Mississippi River and large urban areas is fast approaching crisis. Lower ongoing operation and maintenance costs

8. Green Coverages – Value Proposition Cost to build Green No longer a barrier Research indicates that Green Building valuation is marginally higher than that of traditional buildings 1% to 8% - depending on green features Marshal Swift Boeckh report to Fireman’s Fund

9. Green Coverages History of Green Fireman’s Fund Culture … Differentiation supported by deep knowledge of what is important to our customers. Two ways an insurance company can compete – price or differentiation. Green Research began three years ago Contacts in the Green Movement Reading Conventions BOMA and GreenBuild Coverage developed 2006

10. Green Coverages History of Green Synchronicity … Ceres Report and media interest Allianz/WWF Report Growing Public Awareness of Climate Change

11. Green Coverages History of Green Coverage Launched in October 2006 GreenBuild Media Early Successes Loss Control Champion Personal Lines Product Corporate Ethics Greening our own Facilities

12. Green Coverages Green-Gard Coverages

23. Green Coverages – Next Steps Risk Management Programs Vendor Relationships Green Advisory Group Go Deep Reinforce thought leader position Leverage position - Our bottom line + Our customer’s bottom line + employees (ours and our customer’s) well being + positive environmental impact