etfs is one of Canadas largest niche market providers of insurance products and services. etfs provides a full range of travel and health insurance products to students, groups, individuals and expatriates. These products are sold and marketed to the end-consumer directly or through insurance brokers, travel agents, consultants and third party administrators. etfs administers over $300 million in premium covering more than 3 million policyholders travelling worldwide. We also offer case management, cost containment, and assistance and claims services throughout the world via our wholly owned subsidiary, Global Excel Management Inc. Global Excel specializes in services related to the American, Canadian, Caribbean and Mexican health care systems. With over 120 corporate clients located in more than 25 countries around the world, Global Excel manages approximately 65,000 inpatient, outpatient and non-medical travel related emergencies per year.