Company Name: Appex Insurance Limited

LEI: 2138006VRV5QYK9RSL23

Legal Address: St Nicholas House, 31-34 High Street, Bristol, BS1 2AW, United Kingdom

Registration Authority: Companies House

Entity Status: Active

Issue Date: January 15, 2020

We are pleased to inform you that your brokerage account with [Broker Name] has been successfully acquired by Appex Insurance Limited as of April 30, 2025.

All assets and balances have been transferred to our custody and are now protected under our insurance policies.

You can now manage your investments directly through this platform.

Appex Insurance Limited

St Nicholas House, 31-34 High Street, Bristol, BS1 2AW, United Kingdom

LEI: 2138006VRV5QYK9RSL23

INSURANCE BROKERAGE AGREEMENT

This Insurance Brokerage Agreement ("Agreement") is made between Appex Insurance Limited ("Broker") and the client ("Client") purchasing insurance services through our platform.

1. Services Provided

1.1 Broker shall act as an intermediary between Client and insurance providers.

1.2 Broker will assist in:

• Policy selection and customization
• Claims processing assistance
• Risk assessment consultation
• Portfolio management services

2. Client Responsibilities

2.1 Provide accurate information for underwriting

2.2 Timely premium payments

2.3 Notification of material changes in risk profile

3. Fees & Commissions

3.1 Broker receives compensation from insurers (typically 10-20% of premium)

3.2 Additional service fees may apply for:

• Complex risk assessments
• International policy coordination
• Claims dispute resolution

4. Limitation of Liability

4.1 Broker is not liable for:

• Insurer solvency issues
• Policy exclusions
• Client misrepresentation

4.2 Maximum liability = 12 months of fees paid

5. Termination

5.1 Either party may terminate with 30 days written notice

5.2 Outstanding fees remain payable

Governing Law: English law, exclusive jurisdiction in Bristol courts

CYBER RISK INSURANCE POLICY

Coverage Tiers:

Cyber Basic ($740/year)

• $100,000 coverage limit
• Data breach response
• Ransomware protection

Cyber Plus ($1,200/year)

• $250,000 coverage
• Includes business interruption
• Forensic investigation support

Financial Pro ($1,500/year)

• $500,000 coverage
• Regulatory fine coverage
• Dedicated risk manager

Exclusions:

• Known vulnerabilities left unpatched
• Intentional misconduct
• Acts of war

Claims Process:

• Immediate notification required (within 72 hours of discovery)
• Preservation of all evidence
• Cooperation with appointed forensic investigators

CLIENT FUNDS PROTECTION AGREEMENT

1. Coverage Scope

1.1 Protects against:

• Brokerage insolvency
• Unauthorized transactions
• System failures

2. Protection Limits

2.1 Basic: Up to £50,000

2.2 Premium: Up to £250,000

3. Claims Conditions

3.1 Must provide:

• Transaction records
• Account statements
• Incident reports

4. Exclusions

4.1 Market value fluctuations

4.2 Client negligence in security

DATA PROTECTION ADDENDUM

1. Data Collection

1.1 We collect:

• KYC documentation
• Risk profiles
• Claims history

2. Data Uses

2.1 Underwriting purposes only

2.2 Anonymized for actuarial analysis

3. Security Measures

3.1 AES-256 encryption

3.2 Annual penetration testing

3.3 SOC 2 Type II compliant

4. Client Rights

4.1 Access requests (72 hour response)

4.2 Rectification rights

4.3 Deletion requests (subject to regulatory holds)

CLAIMS DISPUTE RESOLUTION PROCEDURE

Step 1: Internal review (15 business days)

Step 2: Mediation (London Market Association)

Step 3: Arbitration (LCIA Rules)

Step 4: Judicial recourse (if above fail)

Time Limits:

Notification within 90 days of claim denial

Arbitration must commence within 180 days