Document:

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                                                                  Execution Copy
                                                                  --------------

                                                                     Exhibit 4.4

                                    AMENDMENT
                                    ---------

          Amendment (the "Amendment"), effective as of September 17, 1999, among
U.S.I. HOLDINGS CORPORATION (together with its successors and assigns, the
"Company"), a Delaware corporation, and each of the warrantholders of the
Company set forth on the signature pages hereto (collectively, the
"Warrantholders").

          A. The Warrantholders hold warrants (the "Warrants") exercisable for
1,850,000 shares, in the aggregate, of Common Stock, $.01 par value, of the
Company. The Warrantholders and the Company are parties to (i) a Warrant
Agreement, dated as of March 12, 1996 (the "Warrant Agreement") and (ii) a
Warrantholders' Agreement, dated as of March 12, 1996 (as amended by Amendment
No. 1 dated as of July 9, 1998, the "Warrantholders' Agreement").

          B. Pursuant to Subscription Agreements, dated as of September 17, 1999
(the "Subscription Agreements") between the Company and the respective
Purchasers party thereto, such Purchasers have agreed to purchase $125,000,040,
in the aggregate, of Series W Preferred Stock of the Company and warrants to
purchase shares of Series W Preferred Stock of the Company. On the date hereof,
the Company and the shareholders of the Company are entering into a
Shareholders' and Warrantholders' Agreement (the "Shareholders' Agreement")
setting forth certain agreements with respect to, among other things, the
voting, transfer and registration under the Securities Act of 1933, as
amended, of the Company's securities. The consummation of the transactions
contemplated by the Subscription Agreements is conditioned on the Warrantholders
entering into this Amendment.

          NOW, THEREFORE, in consideration of the premises and the mutual
agreements set forth herein, the parties to this Amendment hereby agree as
follows:

          SECTION 1. Amendments to Warrantholders' Agreement. The
                     ---------------------------------------
Warrantholders' Agreement is amended as follows:

               (a) Section 2 of the Warrantholders' Agreement is deleted in its
          entirety.

               (b) Section 3 of the Warrantholders' Agreement is deleted in its
          entirety.

               (c) Section 4 of the Warrantholders' Agreement is deleted in its
          entirety.

               (d) Section 6 of the Warrantholders' Agreement is deleted in its
          entirety.

               (e) Sections 9.1 and 9.2 of the Warrantholders' Agreement are
          deleted in their entirety.

               (f) Section 10.1 is amended by:

                    (i) Replacing the definition of "Affiliate" with the
          following:

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          "Affiliate - has the meaning given to such term in the Shareholders'
          Agreement."

                    (ii) Replacing the definition of "Capital Stock" with the
          following: "Capital Stock - has the meaning given to such term in the
          Shareholders' Agreement."

                    (iii) Replacing the definition of "Non-Management Investor"
          with the following: "Non-Management Investor - has the meaning given
          to such term in the Shareholders' Agreement."

                    (iv) Replacing the definition of "Public Offering" with the
          following: "Public Offering - has the meaning given to such term in
          the Shareholders' Agreement."

                    (v) Replacing the definition of "Shareholders' Agreement"
          with the following: "Shareholders' Agreement - means the Shareholders'
          and Warrantholders' Agreement, dated as of September 17, 1999, among
          the Company and the securityholders of the Company party thereto, as
          the same may be amended from time to time in accordance with its
          terms."

                    (vi) Deleting clause (c) from the definition of "Warrant
          Shares."

                    (vii) Deleting the definitions of "Incidental Registration,"
          "Initial Public Offering Date," "Initiating Holders," "Registrable
          Securities," "Registration," "Required Registration," "Requisite
          Holders," and "Transfer" therefrom.

          SECTION 2. Amendments to Warrant Agreement. The Warrant Agreement is
                     -------------------------------
amended as follows:

               (a) Section 1.5(a) of the Warrant Agreement is amended by
          deleting the words "Warrantholders' Agreement" in the second line
          thereof and replacing the same with "Shareholders' Agreement."

               (b) Section 3.5 of the Warrant Agreement is amended by deleting
          the words "Warrantholders' Agreement" in the first line thereof and
          replacing the same with "Shareholders' Agreement."

               (c) The following definition is added (in alphabetical order) to
          Section 5.1:

               "Shareholders' Agreement - means the Shareholders' and
          Warrantholders' Agreement, dated as of September 17, 1999, among the
          Company and the securityholders of the Company party thereto, as the
          same may be amended from time to time in accordance with its terms."

                                       2

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               (d) Section 5.1 is amended by replacing the definition of
          "Affiliate" with the following: "Affiliate - has the meaning given to
          such term in the Shareholders' Agreement."

               (e) Section 6.3 is deleted in its entirety and replaced by the
          following provision:

               "6.3 Warrants Subject to Shareholders' Agreement. The holders of
          the Warrants and the Company are subject in all respects to the terms
          of the Shareholders' Agreement. Each holder of Warrants (and each
          subsequent holder of Warrants, by its acceptance of a Warrant) agrees
          to be bound by all of the terms and provisions of the Shareholders'
          Agreement to the extent applicable. Each holder of Warrants who signs
          the Shareholders' Agreement or a Joinder Agreement (as defined in the
          Shareholders' Agreement) after the date hereof shall be deemed to be
          an Investor (as defined in the Shareholders' Agreement) and shall be
          entitled to all rights and privileges of an Investor as if such holder
          had been an original signatory to the Shareholders' Agreement."

               (e) Section 6.4 is deleted in its entirety and replaced by the
          following provision:

               "6.4 No Rights or Liabilities as a Stockholder. Nothing contained
          in this Agreement shall be construed as conferring upon the holder of
          any Warrant any rights as a stockholder of the Company or as imposing
          any obligation on such holder to purchase any securities or as
          imposing any liabilities on such holder as a stockholder of the
          Company, whether such obligation or liabilities are asserted by the
          Company or by creditors of the Company, in each case, except for
          rights and obligations under the Shareholders' Agreement."

               (f) Section 6.7 is deleted in its entirety and replaced by the
          following provision:

               "6.7 Successors and Assigns. The provisions of this Agreement
          shall be binding upon and inure to the benefit of the parties hereto
          and their respective successors and assigns; provided, however, that
                                                       --------  -------
          no assignment of rights under this Agreement will be valid unless made
          in connection with a contemporaneous Transfer of Warrants which is not
          prohibited by the Shareholders' Agreement; and provided, further, that
                                                         --------  -------
          upon any such assignment, the assignee shall execute and deliver a
          Joinder Agreement unless the Shareholders' Agreement expressly does
          not require the assignee to do so. The Company may not assign or
          otherwise transfer any of its rights or obligations under this
          Agreement. All Investors party from time to time to the Shareholders'
          Agreement (including pursuant to a Joinder Agreement) are explicitly
          intended to be third party beneficiaries of this Agreement."

          SECTION 3. Conflicts: Effectiveness. In the event of any conflict
                     ---------  -------------
between

                                       3

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the Warrant Agreement or the Warrantholders' Agreement (each, as amended by this
Amendment) and the Shareholders' Agreement, the Shareholders' Agreement shall
control to the extent of such conflict. A signature to this Amendment will be
deemed to be a signature to the Shareholders' Agreement, and each Warrantholder
will be deemed to be a "Non-Management Investor" for all purposes thereunder.
This Amendment shall be effective upon the closing of the transactions
contemplated by the Subscription Agreements, and shall remain in effect from and
after the date such closing occurs. Except as expressly set forth above, the
terms and conditions of the Warrant Agreement and the Warrantholders' Agreement
shall remain in full force and effect and are hereby ratified and confirmed.

          SECTION 4. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY AND
                     -------------
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO
THE PRINCIPLES OF CONFLICTS OF LAWS.

          SECTION 5. Counterparts. This Amendment may be signed in any number of
                     ------------
counterparts, each of which shall be an original, with the same effect as if the
signatures thereto and hereto were upon the same instrument.

                            (Signature pages follow.)

                                       4

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          IN WITNESS WHEREOF, the parties hereto have caused this Amendment to
be duly executed by their respective authorized officers as of the day and year
first above written.

                                       U.S.I. HOLDINGS CORPORATION

                                       By: /s/ Michael Leonard
                                          --------------------------------------
                                           Name:
                                           Title:

                                       U.S.I. Holdings Corporation
                                       50 California Street, 24th Floor
                                       San Francisco, CA 94111-4796
                                       Attn: General Counsel
                                       Telephone:  (415) 263-2105
                                       Telecopier: (415) 983-0101

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     The Non-Management Investors (as such term is defined in the
Warrantholders' Agreement without giving effect to this Amendment) hereby
consent to all of the amendments and modifications to the
Warrantholders' Agreement described in this Amendment.

     IN WITNESS WHEREOF, the Non-Management Investors have caused this
Amendment to be duly executed as of the day and year first above written.

                                       SARATOGA PARTNERS III, L.P.

                                       By: /s/ Illegible
                                          --------------------------------------
                                       Name: Illegible
                                       Title: Member Saratoga Associates III LLC

                                       SARATOGA PARTNERS III, C.V.
                                       By: Selinus Corporation III N.V.
                                                  its General Partner

                                       By: /s/ Illegible
                                          --------------------------------------
                                       Name: Curacao Corporation Company N.V.
                                       Title: Managing Director
                                              August 27,1999.

                                       CONNING INSURANCE CAPITAL LIMITED
                                       PARTNERSHIP III

                                       By: /s/ Stephen L. Christiansen
                                          --------------------------------------
                                       Name:  STEPHEN L. CHRISTIANSEN
                                       Title: PARTNER PRIVATE EQUITY

                                       CONNING INSURANCE CAPITAL
                                       INTERNATIONAL III, L.P.

                                       By: /s/ Stephen L. Christiansen
                                          --------------------------------------
                                       Name:  STEPHEN L. CHRISTIANSEN
                                       Title: PARTNER PRIVATE EQUITY

<PAGE>

                                       INDOSUEZ USI PARTNERS
                                       By: INDOSUEZ CM II,INC.
                                           MANAGING GENERAL PARTNER

                                       By:/s/ MICHAEL F. WALSH
                                          --------------------------------------
                                       Name: MICHAEL F. WALSH
                                       Title: VICE PRESIDENT

                                       NORWEST EQUITY CAPITAL, LLC

                                       By: Itasca NEC, LLC
                                           Its Managing Member

                                       By: /s/ Stephen R. Sefton
                                          --------------------------------------
                                       Name:  STEPHEN R. SEFTON
                                       Title: MEMBER

                                       WLD TRUST

                                       By: /s/ Illegible
                                          --------------------------------------
                                       Name:  ILLEGIBLE
                                       Title: TRUSTEE

                                                /s/ BERNARD H. MIZEL
                                       -----------------------------------------
                                                 Bernard Mizel

                                                /s/ JOHN ADDEO
                                       -----------------------------------------
                                                   John Addeo<PAGE>

                                                                     Exhibit 4.5

                                    AMENDMENT
                                    ---------

     AMENDMENT (the "Amendment") dated as of April 26, 2002, between U.S.I.
HOLDINGS CORPORATION (the "Company"), a Delaware corporation and The
Northwestern Mutual Life Insurance Company, a Wisconsin corporation (the
"Warrantholder").

     A. The Warrantholder holds warrants (the "Warrants") exercisable for
1,559,196 shares of Common Stock, $.01 par value, of the Company (the "Common
Stock"). The Warrantholder, the Company and the other signatories thereto are
parties to (i) a Warrant Agreement, dated as of March 12, 1996 (as amended by
the Amendment dated as of September 17, 1999, the "Warrant Agreement") and (ii)
a Warrantholders' Agreement, dated as of March 12, 1996 (as amended by Amendment
No. 1 dated as of July 9, 1998, and the Amendment dated as of September 17,
1999, the "Warrantholders' Agreement").

     B. Pursuant to Section 11.2 of the Warrantholders' Agreement, each of the
Company and the Warrantholder, which is a holder of more than 65% of the
Registrable Securities (as defined in the Warrantholders' Agreement) and,
therefore, constitutes Required Holders (as defined in the Warrant Agreement),
wishes to amend the Warrantholder's Agreement as set forth in this Amendment.

     NOW, THEREFORE, in consideration of the premises and the mutual agreements
set forth herein, the parties to this Amendment hereby agree as follows:

<PAGE>

     Section 1. Amendment to Warrantholders' Agreement. Subject to Section 2,
                --------------------------------------
the Warrantholders' Agreement is amended as of March 12, 1996 to delete in its
entirety Section 1, titled "Holders' Put Rights."

     Section 2. Effectiveness. The provisions of Section 1, above, shall be
                -------------
effective concurrent with, and only upon, the closing of the initial public
offering of the Company's Common Stock and shall remain in effect from and after
the date such closing occurs. Except as expressly set forth above, the terms and
conditions of the Warrantholders' Agreement shall remain in full force and
effect and are hereby ratified and confirmed.

     Section 3. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED
                -------------
IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

     Section 4. Counterparts. This Amendment may be signed in any number of
                ------------
counterparts, each of which shall be an original, with the same effect as if the
signatures thereto and hereto were upon the same instrument.

                            [Signature page follows]

<PAGE>

     IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed by their respective authorized officers as of the day and year
first above written.

                                     U.S.I. HOLDINGS CORPORATION

                                     By: /s/ Ernest Newborn
                                         ---------------------------------------
                                         Name: Ernest Newborn
                                         Title:SVP

                                     THE NORTHWESTERN MUTUAL
                                     LIFE INSURANCE COMPANY

                                     By: /s/ Jeffrey J. Lueken
                                         ---------------------------------------
                                         Name: Jeffrey J. Lueken
                                         Title:Its Authorized Representative

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