Document:

Exhibit 10.9
                              EMPLOYMENT AGREEMENT

               This Agreement made as of January 7, 2004 between:

                           Strategy Insurance Limited
    A corporation incorporated under the laws of Barbados (the "Corporation")

                                     - and -

                                  Hugh Forrest

                                (the "Employee")

RECITALS

      A.    The Corporation is engaged in the business of insurance and
            financial services;

      B.    The Corporation wishes to employ Employee upon the terms and
            conditions hereinafter set forth;

NOW THEREFORE in consideration of the mutual covenants and agreements herein
contained and other good and valuable consideration, the parties agree as
follows:

SECTION 1 - EMPLOYMENT

1.1   Position

      The Corporation shall employ Employee as its Chief Underwriting Officer.
      As such, he shall be subject to the direction and control of the Board of
      Directors of the Corporation ("the Board"), or such person designated by
      the Board. He shall oversee the administration and operation of the
      Corporation with all the authority normally possessed and exercised in
      such a position and shall perform such other duties and functions as shall
      be reasonably prescribed from time to time by the Board or it's designate.

1.2   Place of Employment

      Place of employment shall be at the Corporation's principal offices in
      Toronto.

SECTION 2 - COMMENCEMENT DATE

2.1   Commencement Date

      Employment with the Corporation as Chief Underwriting Officer shall
      commence on January 7, 2004 (the "Commencement Date") and continue until
      terminated in accordance with the termination provisions contained herein.

                                      -1-
<PAGE>

SECTION 3 - REMUNERATION AND BENEFITS

3.1   Salary

      The Corporation shall pay the Chief Underwriting Officer a salary of
      $250,000 USD per annum. Such salary shall be payable in substantially
      equal semi-monthly installments in arrears and shall be subject to
      applicable statutory deductions. The Board will review the performance of
      his duties and his salary annually.

3.2   Bonus

      In addition to his annual salary, the Chief Underwriting Officer will be
      eligible for an annual bonus, at the discretion of the Board, based on the
      performance of the Corporation and on the Chief Underwriting Officer's
      performance in each year of his employment.

3.3   Benefits

      The Chief Underwriting Officer shall be entitled to participate in all
      health, disability, death and other employee benefit plans and programs of
      the Corporation as may be in place and as the same may be amended from
      time to time.

3.4   Vacation

      The Chief Underwriting Officer shall be entitled to 3 weeks paid vacation
      each year of his employment. He shall take his vacation at a time or times
      reasonable for each of the Corporation and he as mutually agreed.

3.5   Expenses

      The Corporation shall reimburse the Chief Underwriting Officer for all
      reasonable entertainment, travel and other business expenses properly
      incurred by him in the course of his employment with the Corporation, upon
      providing appropriate receipts verifying such expenses and in accordance
      with its expense reimbursement policies and procedures set out by the
      Board.

SECTION 4 - EMPLOYEE'S COVENANTS

4.1   Confidential Information

      Employee acknowledges that, by reason of his employment with the
      Corporation, he will have access to confidential information. Employee
      agrees that, during and after his employment with the Corporation, he will
      not disclose, except in the proper course of his employment with the
      Corporation, or as required by law, or use for his personal gain or
      benefit, any confidential information acquired by him by reason of his
      employment with the Corporation.

                                      -2-
<PAGE>

4.2   Non-competition

      Employee acknowledges and agrees that knowledge and experience acquired
      during employment at the Corporation shall be used exclusively in the
      furtherance of the business of the Corporation and not in any way
      detrimental to it. Employee shall not, either during his employment or for
      a period of one year following termination of his employment for any
      reason, directly or indirectly on his own behalf or on behalf of anyone
      else, sell advise on the sale of any products or services which are the
      same or similar to or in competition with the products or services sold by
      the Corporation.

4.3   Non-solicitation

      Employee shall not, either during his employment or for a period of one
      year following termination of his employment for any reason, directly or
      indirectly on his own behalf or on behalf of anyone else, solicit any
      customers of the Corporation for the purpose of selling to those customers
      any products which are the same or similar to or in competition with the
      products sold by the Corporation.

      Employee shall not, either during his employment or for a period of one
      year following termination of his employment for any reason, directly or
      indirectly on his own behalf or on behalf of anyone else, solicit any
      employee of the Corporation to leave his employment with the Corporation.

4.4   Return of Property

      Upon the cessation of his employment with the Corporation for whatever
      reason, Employee shall deliver promptly to the Corporation all books,
      documents, materials and other property of the Corporation that are in his
      possession, charge, control or custody and shall not keep copies of the
      same.

4.5   Breach of Obligations

      Employee acknowledges that a breach or threatened breach of his
      obligations under Sections 4.2, 4.3 and 4.4 would result in irreparable
      harm to the Corporation that could not be calculated or adequately
      compensated by recovery of damages alone. Employee therefore agrees that
      the Corporation shall be entitled to interim or permanent injunctive
      relief, specific performance and other equitable remedies.

SECTION 5 - TERMINATION

5.1   Termination Without Cause

      The Corporation at its absolute discretion may terminate Employee's
      employment at any time without cause. In the event of termination by the
      Corporation without cause the Corporation shall provide to him severance
      payments as follows:

                                      -3-
<PAGE>

      (a)   an amount equal to three months' base salary, less applicable
            statutory deductions to be paid by periodic payments at the ordinary
            time and in the ordinary manner should he be terminated prior to or
            on the first anniversary of the Commencement Date, or

      (b)   an amount equal to six months' base salary, less applicable
            statutory deductions to be paid by periodic payments at the ordinary
            time and in the ordinary manner should he be terminated after the
            second anniversary of his Commencement Date.

            In addition, participation in any group health benefit plan in which
            he is enrolled at the time of termination will be maintained for a
            period of eight weeks.

            The parties agree that the provision of severance payments shall
            constitute full and final satisfaction of any claim and entitlement
            which Employee may have against the Corporation, arising from or
            related to the termination of his employment, whether such claim or
            entitlement arises under statute, contract, common law or otherwise.

5.2   Termination With Cause

      The Corporation may terminate Employee's employment at any time with cause
      without notice or severance payments to him.

5.3   Termination by Employee

      Employee may resign his employment at any time upon providing the
      Corporation with at least 90 days' notice of his intention to resign. The
      Corporation may at its absolute discretion waive notice of resignation
      provided that it provide to Employee an amount equal to eight weeks base
      salary, less applicable statutory deductions should the Corporation waive
      entitlement to notice of resignation.

SECTION 6 - GENERAL

6.1   Notices

      Unless otherwise specified, all notices provided under this Agreement must
      be given in writing and delivered personally or by courier, sent by
      prepaid registered mail or transmitted by fax to the party as follows:

      If to the Corporation:
      Name:        Stephen Stonhill
      Address:     100 Scarsdale Road, Suite 200, North York, Ontario, M3B 2R8
      Fax No.:     (416) 391-1445

      If to Employee:
      Name:         Hugh Forrest
      Address:      3103 Orleans Road Mississauga, ON L5L 5L6

      Or to any other address, fax number or Person that the party designates.

                                      -4-
<PAGE>

6.2   Assignment

      The Corporation may assign this Agreement without obtaining the consent of
      Employee. He may not assign this Agreement. This Agreement inures to the
      benefit of and binds the parties and their respective successors and
      permitted assigns.

6.3   Governing Law

      This Agreement shall be governed by and interpreted in accordance with the
      laws of the province of Ontario and the courts of Ontario shall have
      exclusive jurisdiction with respect to any disputes that arise herein.

6.4   Survival of Agreement

      The provisions of Sections 4.2, 4.3 and 4.4 hereof shall survive and
      remain in effect notwithstanding the termination of Employee's employment
      or any finding that his employment with the Company has been improperly
      terminated.

6.5   Entire Agreement

      This Agreement constitutes the entire agreement between the parties with
      respect to Employee's employment by the Corporation and supersedes all
      prior agreements and understandings, oral or written. Any modification of
      this Agreement shall be ineffective unless in writing and signed by both
      parties.

6.6   Severability

      Any provision of this Agreement that is invalid or unenforceable shall not
      affect any other provision and shall be deemed to be severable.

      The parties have executed this Agreement as of the date first
      above-written.

      Strategy Insurance Limited:

      Per: /s/ Steven Stonhill   Title: CEO and President
         ---------------------
           Steven Stonhill

      I have authority to bind the Corporation.

         /s/ Hugh Forrest
         ----------------------
         Hugh Forrest

                                      -5-Exhibit 10.10

                              EMPLOYMENT AGREEMENT

                This Agreement made as of April 1, 2004 between:

                           Strategy Insurance Limited
    A corporation incorporated under the laws of Barbados (the "Corporation")

                                     - and -

                                  Lennox Gibbs

                                (the "Employee")

RECITALS

      A.    The Corporation is engaged in the business of insurance and
            financial services;

      B.    The Corporation wishes to employ Employee upon the terms and
            conditions hereinafter set forth;

NOW THEREFORE in consideration of the mutual covenants and agreements herein
contained and other good and valuable consideration, the parties agree as
follows:

SECTION 1 - EMPLOYMENT

1.1   Position

      The Corporation shall employ Employee as its Managing Director. As such,
      he shall be subject to the direction and control of the Board of Directors
      of the Corporation ("the Board"), or such person designated by the Board.
      He shall oversee the administration and operation of the Corporation with
      all the authority normally possessed and exercised in such a position and
      shall perform such other duties and functions as shall be reasonably
      prescribed from time to time by the Board or it's designate.

1.2   Place of Employment

      Place of employment shall be at the Corporation's offices in Barbados,
      West Indies.

SECTION 2 - COMMENCEMENT DATE

2.1   Commencement Date

      Employment with the Corporation as Managing Director shall commence on
      April 1, 2004 (the "Commencement Date") and continue until terminated in
      accordance with the termination provisions contained herein.

<PAGE>

SECTION 3 - REMUNERATION AND BENEFITS

3.1   Salary

      The Corporation shall pay the Managing Director a salary of $120,000 USD
      per annum. Such salary shall be payable in substantially equal
      semi-monthly installments in arrears and shall be subject to applicable
      statutory deductions. The Board will review the performance of his duties
      and his salary annually.

3.2   Bonus

      In addition to his annual salary, the Managing Director will be eligible
      for an annual bonus, at the discretion of the Board, based on the
      performance of the Corporation and on the Managing Director's performance
      in each year of his employment.

3.3   Benefits

      The Managing Director shall be entitled to participate in all health,
      disability, death and other employee benefit plans and programs of the
      Corporation as may be in place and as the same may be amended from time to
      time.

      In addition, he shall be entitled to an automobile allowance of up to $750
      USD (seven hundred and fifty United States dollars) per month during the
      term of his employment.

3.4   Vacation

      The Managing Director shall be entitled to 3 weeks paid vacation each year
      of his employment. He shall take his vacation at a time or times
      reasonable for each of the Corporation and he as mutually agreed.

3.5   Expenses

      The Corporation shall reimburse the Managing Director for all reasonable
      entertainment, travel and other business expenses properly incurred by him
      in the course of his employment with the Corporation, upon providing
      appropriate receipts verifying such expenses and in accordance with its
      expense reimbursement policies and procedures set out by the Board.

SECTION 4 - EMPLOYEE'S COVENANTS

4.1   Confidential Information

      Employee acknowledges that, by reason of his employment with the
      Corporation, he will have access to confidential information. Employee
      agrees that, during and after his employment with the Corporation, he will
      not disclose, except in the proper course of his employment with the
      Corporation, or as required by law, or use for his personal gain or
      benefit, any confidential information acquired by him by reason of his
      employment with the Corporation.

                                       2
<PAGE>

4.2   Non-competition

      Employee acknowledges and agrees that knowledge and experience acquired
      during employment at the Corporation shall be used exclusively in the
      furtherance of the business of the Corporation and not in any way
      detrimental to it. Employee shall not, either during his employment or for
      a period of one year following termination of his employment for any
      reason, directly or indirectly on his own behalf or on behalf of anyone
      else, sell advise on the sale of any products or services which are the
      same or similar to or in competition with the products or services sold by
      the Corporation.

4.3   Non-solicitation

      Employee shall not, either during his employment or for a period of one
      year following termination of his employment for any reason, directly or
      indirectly on his own behalf or on behalf of anyone else, solicit any
      customers of the Corporation for the purpose of selling to those customers
      any products which are the same or similar to or in competition with the
      products sold by the Corporation.

      Employee shall not, either during his employment or for a period of one
      year following termination of his employment for any reason, directly or
      indirectly on his own behalf or on behalf of anyone else, solicit any
      employee of the Corporation to leave his employment with the Corporation.

4.4   Return of Property

      Upon the cessation of his employment with the Corporation for whatever
      reason, Employee shall deliver promptly to the Corporation all books,
      documents, materials and other property of the Corporation that are in his
      possession, charge, control or custody and shall not keep copies of the
      same.

4.5   Breach of Obligations

      Employee acknowledges that a breach or threatened breach of his
      obligations under Sections 4.2, 4.3 and 4.4 would result in irreparable
      harm to the Corporation that could not be calculated or adequately
      compensated by recovery of damages alone. Employee therefore agrees that
      the Corporation shall be entitled to interim or permanent injunctive
      relief, specific performance and other equitable remedies.

SECTION 5 - TERMINATION

5.1   Termination Without Cause

      The Corporation at its absolute discretion may terminate Employee's
      employment at any time without cause. In the event of termination by the
      Corporation without cause the Corporation shall provide to him severance
      payments as follows:

      (a)   an amount equal to three months' base salary, less applicable
            statutory deductions to be paid by periodic payments at the ordinary
            time and in the ordinary manner should he be terminated prior to or
            on the first anniversary of the Commencement Date, or

                                       3
<PAGE>

      (b)   an amount equal to six months' base salary, less applicable
            statutory deductions to be paid by periodic payments at the ordinary
            time and in the ordinary manner should he be terminated after the
            second anniversary of his Commencement Date.

            In addition, participation in any group health benefit plan in which
            he is enrolled at the time of termination will be maintained for a
            period of eight weeks.

            The parties agree that the provision of severance payments shall
            constitute full and final satisfaction of any claim and entitlement
            which Employee may have against the Corporation, arising from or
            related to the termination of his employment, whether such claim or
            entitlement arises under statute, contract, common law or otherwise.

5.2   Termination With Cause

      The Corporation may terminate Employee's employment at any time with cause
      without notice or severance payments to him.

5.3   Termination by Employee

      Employee may resign his employment at any time upon providing the
      Corporation with at least 90 days' notice of his intention to resign. The
      Corporation may at its absolute discretion waive notice of resignation
      provided that it provide to Employee an amount equal to eight weeks base
      salary, less applicable statutory deductions should the Corporation waive
      entitlement to notice of resignation.

SECTION 6 - GENERAL

6.1   Notices

      Unless otherwise specified, all notices provided under this Agreement must
      be given in writing and delivered personally or by courier, sent by
      prepaid registered mail or transmitted by fax to the party as follows:

      If to the Corporation:
      Name:       Stephen Stonhill
      Address:    100 Scarsdale Road, Suite 200, North York, Ontario, M3B 2R8
      Fax No.:    (416) 391-1445

      If to Employee:
      Name:       Lennox Gibbs
      Address:    Sagicor Corporate Centre
                  Widley, St Michael
                  Barbados, West Indies

      Or to any other address, fax number or Person that the party designates.

                                       4
<PAGE>

6.2   Assignment

      The Corporation may assign this Agreement without obtaining the consent of
      Employee. He may not assign this Agreement. This Agreement inures to the
      benefit of and binds the parties and their respective successors and
      permitted assigns.

6.3   Governing Law

      This Agreement shall be governed by and interpreted in accordance with the
      laws of the province of Ontario and the courts of Ontario shall have
      exclusive jurisdiction with respect to any disputes that arise herein.

6.4   Survival of Agreement

      The provisions of Sections 4.2, 4.3 and 4.4 hereof shall survive and
      remain in effect notwithstanding the termination of Employee's employment
      or any finding that his employment with the Company has been improperly
      terminated.

6.5   Entire Agreement

      This Agreement constitutes the entire agreement between the parties with
      respect to Employee's employment by the Corporation and supersedes all
      prior agreements and understandings, oral or written. Any modification of
      this Agreement shall be ineffective unless in writing and signed by both
      parties.

6.6   Severability

      Any provision of this Agreement that is invalid or unenforceable shall not
      affect any other provision and shall be deemed to be severable.

      The parties have executed this Agreement as of the date first
      above-written.

      Strategy Insurance Limited:

      Per: /s/ Steven Stonhill Title: CEO and President
         ---------------------
          Steven Stonhill

      I have authority to bind the Corporation.

         /s/ Lennox Gibbs
         -----------------
         Lennox Gibbs

                                       5

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