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Information Providers, Inc. <br /> Page 2 <br /> Commercial lines - Information Providers, Inc. also provides a series of commercial <br /> surveys and inspections which include fire coverage, worker's compensation, liquor <br /> liability, auto fleet verification. These reports are available on a fixed cost basis, <br /> generally at $15 - $40 each. In addition, the company also provides qualitative <br /> commercial inspections and reports which are billed on an hourly basis. The company <br /> charges $48 - $69 per hour and $2.25 for photographs. <br /> MANAGEMENT/OPERATION: <br /> The 12 states currently being served by Information Providers, Inc. include: North <br /> Dakota, South Dakota, Nebraska, Kansas, Missouri, Iowa, Minnesota, Wisconsin, <br /> Illinois, Indiana, Ohio, and Michigan. The company's headquarters and processing <br /> center will remain at its current Hopkins, Minnesota office. The headquarters represents <br /> the local staff of approximately 20 people. The inspections are conducted by 60 full and <br /> part time field representatives. The field representatives are managed by individual <br /> territory managers located throughout the service territory. <br /> • <br /> The background of Mr. Peters and his five territory managers are as follows: <br /> Frederick C. Peters, President <br /> Mr. Peters has been a regional vice president for Information Providers for both the <br /> Mount Laurel, New Jersey and Hopkins, Minnesota regional offices. He has been fully <br /> responsible for all levels of the business operation within his region and managed up to <br /> a 250 person workforce. Mr. Peters is a graduate of Southwest State University, <br /> Marshall, Minnesota and has worked within this industry since 1986. <br /> Troy J. Novicky, Inspection Manager and Regional Account Manager <br /> Mr. Novicky has been product manager of inspections for personal and commercial lines <br /> in Minnesota, North Dakota, and South Dakota and supervisor of 12 field representatives. <br /> He has been responsible for inventory control, customer satisfaction, hiring and training, <br /> loss control, departmental budgeting, and collections. Mr. Novicky is a graduate of the <br /> Insurance Institute of Marlvern, Pennsylvania, and Normandale Community College of <br /> Bloomington, Minnesota. <br />