Protecting Client Viability Around The Globe

FOR IMMEDIATE RELEASE
March 5, 2018

New Braunfels, Texas – TCOR Management is excited to announce its merger with Legacy Insurors
Group, LLC, and MS&B Bonds and Insurance Services, LLC. The operations of these two entities
will continue under TCOR as of March 1, 2018.

Mr. Rowdy Nutt, previous principal of Legacy, will join TCOR as a partner, producer and manager of
TCOR’s Tyler, Texas, branch. Prior to starting Legacy in 2015, Rowdy spent 15 years as a
commercial lines producer at an independent agency in East Texas. He has also served with
distinction on numerous industry boards including the IIAT Board of Directors and was Young Agent
of the Year in 2004. TCOR is proud to welcome Rowdy as its newest partner.

“I am very excited about this merger as it will allow us to bring more resources and risk management
solutions to our clients than ever before. We have enjoyed significant growth the last three years
and look forward to an even more profitable future for the benefit of our clients, team members and
community.”— Rowdy Nutt

Steve Smith, previous principal of MS&B, will join TCOR as a partner, producer and Director of
Surety Services and will office at TCOR’s headquarters in New Braunfels. Prior to founding MS&B in
2014, Steve spent 20 plus years producing construction and commercial surety in the Houston,
Austin, and San Antonio markets. Steve prides himself on creating increased surety capacity for his
clients while improving the overall terms & conditions set by their surety partners. Steve’s
Commercial surety background ranges from national law firms to waste haulers to oil & gas clients.
TCOR is pleased to add Steve’s bond expertise to its suite of risk management services.

“The merger of MS&B Bonds with TCOR Management is exciting because both firms believe in
working closely with their clients and providing world-class client experience and subject matter
expertise. Our service offerings will complement each other and drive increased value to our
clients.”— Stephen Smith

“We believe these mergers are great strategic fits allowing TCOR to expand both its geographical
footprint and product and service offerings moving forward. We are excited about the future.”
— Rick Dudney, Managing Partner, TCOR Management.

If you would like more information about this topic, please contact Shari Dudney by email at
sharidudney@tcormanagement.com.

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