Document:

Exhibit 10.29

CONSULTING  AGREEMENT  with  an  effective  date  of  May  31,  2002

BETWEEN:     GORAN CAPITAL INC., a body politic and corporate duly incorporated,
having  its head office in Toronto Canada and  GRANITE REINSURANCE COMPANY LTD.,
a  body  politic  and corporate duly incorporated, having its office at Bishop's
Court  Hill,  P.O.  Box  111,  St.  Michael,  Barbados, West Indies (hereinafter
referred  to  as  the  "Companies")

AND:     AGS  CAPITAL LTD., a body politic and corporate duly incorporated, with
offices  at  20 Eagle Road, Toronto Ontario M82 4HS, (hereinafter referred to as
the  "Consultant")

     WHEREAS  the  Companies actively engaged internationally in the business of
insurance  and  reinsurance;

     WHEREAS  the  Consultant, through its President, has expertise in the field
of  insurance  and  reinsurance  and is desirous of entering into this Agreement
with  respect  to  providing  international consulting services on demand to the
Companies  as  outlined  in Appendix A and additional appendix as maybe attached
hereto  in  writing;

     WHEREAS  the  Companies  wishes  to  engage  the  services  offered  by the
Consultant  and  the Consultant is willing to enter into an agreement to provide
services  on  the  terms  and  conditions  described  herein:

NOW,  THEREFORE,  BE  IT  AGREED  AS  FOLLOWS:

1.     PREAMBLE
The  whereas  clauses  mentioned  above  shall  form  an  integral  part of this
Agreement  as  it  fully-recited  at  length  herein.

2.     ENGAGEMENT
2.1     The  Companies  hereby  retains  the  services of the Consultant and the
Consultant  hereby  accepts  such  engagement.
2.2     During  the  term  of  this Agreement, the Consultant shall, at its sole
costs,  make  available  to  the  Companies  and provide upon its request a duly
qualified representative for purposes of fulfilling the Consultant's obligations
under  this  Agreement.

3.     TERM
     (A)  This is an annual renewable contract, unless notice is given by either
party  at  least  90  days before June 1st of any year.  The contract shall then
expire  on  the  1st  of June following notice.  At any time prior to the 90-day
notice  period,  the Company, at it's option, may choose to extend this contract
for  an  additional  one-year  term.
(B)  Change  of  control,  should  Gordon Symons and or Douglas Symons no longer
control  the  appointment  of  board  members  of  Goran,  and in order to cause
continuity  of  these very important projects, this contract shall automatically
extend  for  a  further  two  year  term,  from  the  date  of the last renewal.

4.     NATURE  OF  CONSULTING  SERVICES
4.1     The  Consultant  agrees  to provide consulting services on behalf of the
Companies  as  and  when  requested  by  the  Companies  during the term of this
Agreement  and,  without  limiting the generality of such services, to furnish a
representative  to  oversee  and  supervise  the business activities outlined in
Appendix  A.  The  essence  of  this  contract  is to utilize the experience and
knowledge  of  Alan  G.  Symons,  his  previous  duties  with  the Companies and
personnel.  Alan  G.  Symons  shall be assigned as the consultant performing the
services  to  the  Companies,  however, it is understood and agreed that certain
work  may  be  performed by others under the control of AGS Capital Ltd.  At all
times,  Alan  G. Symons shall effect direct supervision over the work performed.
Any  substitution of Alan G. Symons to perform the services being contracted for
under  this  agreement without the written consent of the Companies shall render
the  contract  null  and  void.

4.2     The  Consultant  and its representative warrant to perform such services
as  requested  to  the  best of its talents, efforts and abilities in accordance
with  standard  business  practices.

4.3     This  agreement  may  not  be  assigned  by  either  party.

5.     COMPENSATION
The  Companies  shall compensate the Consultant for services rendered under this
Agreement at an annual rate of FIVE HUNDRED THOUSAND dollars (U.S.) ($500,000.00
U.S.), payable in equal monthly installments, in arrears, and in each successive
calendar  year of the term, the annual rate shall be increased by the greater of
(1)  2.5%  or  (2)  the  U.S. consumer price index for the immediately preceding
calendar year.  The Companies shall not be responsible to the Consultant for any
ordinary  operating  expenses  of the Consultant such as general administrative,
rent,  staff,  overhead,  etc.

5.     INSURANCE
     The Companies will continue to provide for the Consultant and one assistant
to  participate  in the life, medical and dental plans of its subsidiary, Symons
International  Group,  Inc.  ("SIG").

7.     REIMBURSEMENT  FOR  OUT-OF-POCKET  EXPENSES
The  parties  recognize that in the course of performing its services hereunder,
the  Consultant  may  incur  out-of-pocket  expenses.  The  Consultant agrees to
submit, at designated intervals to be determined by the parties hereto, invoices
with  original  vouchers  attached  thereto,  to  the Companies.  The Consultant
agrees  that the said expenses shall be reasonable and necessary, in the opinion
of  the  Companies,  as  well  as  be  incurred in the direct performance of its
services  hereunder, failing which they may not be reimbursed to the Consultant.

8.     BONUS
     In  addition  to  the  forgoing, the Companies will pay a bonus immediately
upon  completion  of certain projects and the financial benefit to the Companies
has  been  received  as  outlined  in  the  attached  or future appendix to this
agreement.

9.     INDEPENDENT  CONSULTANT
9.1     It  is  understood that the Consultant is retained by the Companies only
for  the purposes set forth herein and its relation to the Companies shall be of
an  independent  Consultant.

9.2     The  Consultant  agrees  that  it  shall  not  be  considered  under the
provisions  of  this  Agreement  or  otherwise  as  having  a  joint  venture or
partnership  status  with  the Companies or being entitled to participate in any
plans,  arrangements,  benefits,  or  distributions  of  the  Companies.

9.3     Notwithstanding  items  9.1 and 9.2, the consultant is engaged to render
services  in  accordance  with the terms of this agreement in an expeditious and
professional  manner  and  to keep the Companies fully informed of the status of
the  matters  entrusted  to  them  for  their  assistance  on  a  monthly basis.

10.     CONFIDENTIALITY
As  an  essential  condition  of  the Agreement, the Consultant warrants that it
shall  not, at any time, either during the term of this Agreement or thereafter,
divulge  to any competitor person, or competitor corporation, any information or
documentation  received  by  it during the course of its engagement and all such
information  shall  be kept strictly confidential and shall not in any manner be
revealed  to competitor person or competitor corporation.  At the termination of
this Agreement, the Consultant agrees if requested of same to return and give to
the  Companies  all  documentation  relating  to the Companies in its possession
and/or  control.

11.     TERMINATION
The  Companies  shall  have the right to terminate the services hereunder of the
Consultant "for cause" at any time which shall be defined and limited to acts of
dishonesty,  fraud  or  gross negligence of the Consultant or its representative
committed  from  and  after  the  effective  date  of  this  agreement.

12.     INTEREST  ON  MONIES  DUE
     Any  balance  due  either  party  past  due greater than 30 days shall bear
interest  at  1%  per  month  or  part  thereof  until  fully  paid.

13.     NOTICE
All  notices  called for or contemplated hereunder shall be in writing and shall
be sent by certified or registered mail or by courier to the addresses mentioned
in  the  heading  of  this  Agreement.  All  notices  will  be deemed given when
received  if  delivered  by  courier, and if sent by mail then five (5) business
days  after mailing.  Either party may change their address by written notice to
the  other  party.

14.     SET  OFF
There  shall be no right of set off against the base compensation included under
Section  5,  but  up  to  50%  of  any  additional  compensation  such  as  that
contemplated  under  Section  8  can  be at the Company's option set off against
balances  due  the  Companies.

15.     ENTIRE  AGREEMENT
This  Agreement  constitutes  the  entire understanding between the parties with
respect  to  the  subject  matter hereof, superseding all negotiations, previous
agreements, verbal or written, and no variation hereof shall be of any force and
effect  unless  reduced  to  writing  and  signed  by  the  parties  hereto.

WHEREOF,  THE  PARTIES  HAVE  SIGNED  HEREIN  BELOW:

GRANITE  REINSURANCE  COMPANY  LTD.     AGS  CAPITAL  LTD.

PER:  /S/  G.  GORDON  SYMONS     PER:   /S/  ALAN  G.  SYMONS
      -----------------------            ---------------------

DATE:  MAY  31,  2002     DATE:  MAY  31,  2002
       --------------            --------------

GORAN  CAPITAL,  INC.

PER:  /S/  DOUGLAS  H.  SYMONS
      ------------------------

DATE:  MAY  31,  2002
       --------------

WITNESS:     WITNESS:

___________________________________     ___________________________

<PAGE>
                                   APPENDIX A

     The  consultant  is  hereby engaged for the following projects on behalf of
the  Companies.  The  consultant shall not represent the Company with respect to
any  other  matters  other  than  the  following  without prior written consent.

(A)     The  Consultant  shall:  Assist  the management of IGF Insurance Company
with  respect to the run-off of its crop insurance operations and the collection
of  debts  and  obligations  due  to  IGF.

(B)     Manage  the  litigation  known as AgPi.  Should the litigation result in
IGF  or  other  affiliates  to  IGF  including but not limited to Granite Re and
Goran,  being awarded compensation of a calculated value, the Consultant will be
entitled  to  10%  on  the  net  proceeds  over  $1  million  (U.S.)

(C)     Manage  the  litigation  between  Toronto  Dominion  Bank  and  Granite
Insurance Company.  Should the litigation result in compensation of a calculated
value, the Consultant will be entitled to a bonus of 10% on net proceeds over $1
million  (CAN).

(D)     At the request of the Company, the Consultant shall work with designated
representatives  of  the  Companies  to acquire or restructure outstanding trust
preferred  securities  due  2027 and shall not assist directly or indirectly any
other  person  or  entity  other  than the Companies with respect to all matters
associated with the purchase or restructuring of the trust preferred securities.Exhibit 10.30
                              EMPLOYMENT AGREEMENT

     This  Employment  Agreement (this "Agreement") is entered into effective as
of  the  31st  day  of  May,  2002  with  respect  to  the  following:

Goran  Capital  Inc.  ("Goran"),  and  Symons International Group, Inc. ("SIG"),
jointly  and  severally,  and  their  respective subsidiaries (collectively, the
"Company") consider it essential to its best interests and the best interests of
its  stockholders  to  foster  the  continuous  employment of its key management
personnel  and,  accordingly,  the  Company  desires to employ Douglas H. Symons
("Executive"),  upon  the  terms  and  conditions  hereinafter  set  forth;  and

The  Executive desires to continue to be employed by the Company, upon the terms
and  conditions  contained  herein.

     NOW,  THEREFORE, in consideration of the covenants and agreements set forth
below,  the  parties  agree  as  follows:

1.     EMPLOYMENT

     1.1     Term  of  Agreement.  The  Company  agrees  to  continue  to employ
             -------------------
Executive  as  Chief  Executive  Officer and President of Goran Capital Inc. and
Symons  International  Group, Inc. for an initial term of two (2) years,  unless
such  employment  is  terminated pursuant to Section 3 below; provided, however,
                                                              --------  -------
that  the term of this Agreement shall automatically be extended without further
action  of  either  party for additional one (1) year periods thereafter unless,
not  later  than  six  (6)  months  prior to the end of the then effective term,
either  the  Company  or the Executive shall have given written notice that such
party  does  not  intend to extend this Agreement ("Notice of Non-Renewal").  If
Company  gives  Executive  such  a Notice of Non-Renewal, Executive's employment
shall  terminate  as  of  the  expiration  date  of  this  Agreement.

1.2     Terms  of Employment.  During the term of this Agreement as set forth in
        --------------------
Section  1.1,  Executive  agrees  to  be a full-time employee of the Company and
further  agrees  to  devote  substantially  all  of Executive's working time and
attention  to  the  business  and  affairs  of  the  Company  and, to the extent
necessary  to  discharge  the  responsibilities  associated  with  Executive's
positions  and  to  use  Executive's  best  efforts  to  perform  faithfully and
efficiently  such  responsibilities.  Executive  shall  perform  such duties and
responsibilities  as  may  be  determined  from  time  to  time  by the Board of
Directors  of  the Company, which duties shall be consistent with the positions,
which  shall  grant  Executive  authority,  responsibility,  title  and standing
comparable  to  Executive's  positions  in  a stock insurance holding company of
similar  standing.  Executive's  primary  place of work will be at the Company's
U.S. headquarters in Indianapolis, Indiana, but it is understood and agreed that
Executive's  duties  may require travel.  In the event Executive is relocated to
another  Company location, the Company agrees to pay for the cost of Executive's
move  (including  temporary  lodging  expenses)  and  to  facilitate the sale of
Executive's  Indianapolis  home  so that Executive will be enabled to purchase a
new  home in Executive's new location that is comparable in price to Executive's
existing  home  and  have Executive's family join Executive at such new location
within  two  (2)  months  of  Executive's  transfer  or  such other period as is
reasonable  considering  market  and  location.  Nothing  herein  shall prohibit
Executive  from  devoting  time  to  civic  and community activities or managing
personal  investments,  as  long  as  the  foregoing  do  not interfere with the
performance  of  Executive's  duties  hereunder.

2.     COMPENSATION,  BENEFITS  AND  PREREQUISITES

     2.1     Salary.  Company  shall  pay  Executive  an annual salary, in equal
             ------
bi-weekly  installments,  in  the  amount  of  Five  Hundred  Thousand  Dollars
($500,000).  Executive's  salary  as  payable  pursuant to this Agreement may be
increased  from  time  to  time  as  mutually  agreed  upon by Executive and the
Company.  Notwithstanding  any  other  provision  of this Agreement, Executive's
salary  paid by Company for any year covered by this Agreement shall not be less
than  such salary paid to Executive for the immediately preceding calendar year.
All  salary and bonus amounts paid to Executive pursuant to this Agreement shall
be  in  U.S.  dollars.

     2.2     Bonus.  The  Company  and  Executive  understand and agree that the
             -----
Company  expects  to  achieve  financial  improvement  during  the  term of this
Agreement  and  that  Executive  will  make  a  material  contribution  to  that
improvement  which  will require certain personal and familial sacrifices on the
part  of  Executive.  Accordingly, it is the desire and intention of the Company
to  reward  Executive  for  the attainment of that improvement through bonus and
other  means  (including,  but not limited to, stock options, stock appreciation
rights  and other forms of incentive compensation).  Therefore, the Company will
pay  Executive  a  lump-sum bonus (subject to normal withholdings) within thirty
(30)  business  days from receipt by Company of its consolidated, annual audited
financial  statements  in an amount which shall be determined in accordance with
the  following  Bonus  Table.  All amounts used for calculation purposes in this
section  shall be based on the audited, consolidated financial statements of SIG
(or  any successor thereto), with such financial statements having been prepared
in  accordance with applicable generally accepted accounting principles, applied
on  a  consistent  basis  with  that  of  prior  years.

                                   BONUS TABLE
                                   -----------

     If  Audited  Net                         %  of  Annual  Salary
Income  (as  a  %  of                         Payable  to  Executive
Budgeted  Net  Income)  Is                    As  Bonus
--------------------------                    ---------

     Less  Than  75%                              -0-
75%  or  more,  but  less  than  85%                    25%
85%  or  more,  but  less  than  90%                    30%
90%  or  more,  but  less  than  95%                    35%
95%  or  more,  but  less  than  96%                    50%
96%  or  more,  but  less  than  97%                    60%
97%  or  more,  but  less  than  98%                    70%
98%  or  more,  but  less  than  99%                    80%
99%  or  more,  but  less  than  100%                    90%
100%  or  more  of  budget                               100%

     2.3     Employee  Benefits.  Executive  shall  be  entitled  to receive all
             ------------------
benefits and perquisites which are provided to other executives of Company under
the  applicable  Company  plans  and  policies,  and  to  future  benefits  and
perquisites  made generally available to executive employees of the Company with
duties  and compensation comparable to that of Executive upon the same terms and
conditions  as  other  Company  participants  in  such  plans.

     2.4     Additional Perquisites.  During the term of this Agreement, Company
             ----------------------
shall  provide  Executive  with:

     (a)     Not  less  than  five  (5) weeks paid vacation during each calendar
year.

(b)     A  vehicle  commensurate  with  Executive's  position.

(c)     A  golfing  membership  at  various  country  clubs,  or in the event of
Executive's  relocation, other comparable country club, including payment by the
Company  of  all  charges  incurred  by  Executive  at  such  club.

(4)     A  resident  membership  at the social club of Executive's choice, or in
the  event  of  Executive's  relocation, other comparable social club, including
payment  by  the  Company  of  all  charges  incurred by Executive at such club.

     2.5     Expenses.  During the period of his employment hereunder, Executive
             --------
shall  be entitled to receive reimbursement from the Company (in accordance with
the  policies  and  procedures  in  effect  for the Company's employees) for all
reasonable  travel, entertainment and other business expenses incurred by him in
connection  with  his  services  hereunder.

3.     TERMINATION  OF  EXECUTIVE'S  EMPLOYMENT

     3.1     Termination  of  Employment  and  Severance  Pay.  Executive's
             ------------------------------------------------
employment  under  this  Agreement may be terminated by either party at any time
for  any reason; provided, however, that if Executive's employment is terminated
                 --------  -------
by  the  Company  for  any  reason other than for Cause (as such term is defined
herein),  Executive  shall  receive,  as severance pay an amount equal to salary
plus  bonus  as set forth herein.  Executive shall receive one (1) years current
salary  paid  in  regular  bi-weekly payments (the "Salary Continuation") plus a
lump  sum payment equal to one (1) years current salary (the "Lump Sum Payment")
plus, for a period of two (2) years following the date of termination, an annual
amount equal to the average of the bonus amounts earned by the Executive for the
two  (2)  year  period preceding the date of termination.   The Lump Sum Payment
shall  be  paid  to  Executive  within  five  (5)  business  days of Executive's
termination for any reason other than for Cause.  Executive and his family shall
continue to be covered by Company's health and dental plan for the period of two
years  for  the  date  of  termination  of  employment  upon  the same terms and
conditions  under which Executive and his family were covered at the time of his
termination.  Further,  if  Executive shall be terminated without Cause, receipt
of  Salary  Continuation and the Lump Sum Payment described above is conditioned
upon  execution  by  Executive  and  the  Company of a mutual waiver and release
agreement  substantially  in  the  form  of Exhibit A attached hereto.  Further,
Executive  shall  receive  Salary  Continuation  and  the  Lump  Sum  Payment in
accordance with this Section 3.1 if Executive shall terminate this Agreement due
to  a  breach  thereof by the Company or if Executive is directed by the Company
(including,  if  applicable,  any  successor)  to  engage  in  any act or action
constituting  fraud  or  any  unlawful  conduct  relating  to the Company or its
business  as  may  be determined by application of applicable law.  If Executive
shall  become  entitled  to receive Salary Continuation pursuant to this Section
3.1;  (a) all stock options of SIG and Goran (including any subsidiary of either
SIG  or Goran) existing as of the date hereof previously granted Executive shall
vest  in  full and become exercisable as of the date of Executive's termination;
and  (b)  Executive  shall have not less than one hundred eighty (180) days from
the date of termination of his employment with Company in which to exercise  any
unexercised  stock  options  previously  granted  to  Executive.

     3.2     Cause.  For  purposes  of this Agreement including, but not limited
             -----
to,  this  Section  3,  "Cause"  shall  mean:

(a)     the Executive being convicted in the United States of America, any State
therein,  or  the  District  of  Columbia,  or in Canada or any Province therein
(each,  a "Relevant Jurisdiction"), of a crime for which the maximum penalty may
include imprisonment for one year or longer (a "felony") or the Executive having
entered  against  him  or  consenting  to any judgment, decree or order (whether
criminal  or otherwise) based upon fraudulent conduct or violation of securities
laws;

(1)     the  Executive's  being  indicted  for,  charged  with  or otherwise the
subject  of any formal proceeding (criminal or otherwise) in connection with any
felony, fraudulent conduct or violation of securities laws, in a case brought by
a  law  enforcement  or securities regulatory official, agency or authority in a
Relevant  Jurisdiction;

(2)     the  Executive  engaging  in  fraud, or engaging in any unlawful conduct
relating  to the Company or its business, in either case as determined under the
laws  of  any  Relevant  Jurisdiction;  or

(3)     the  Executive  breaching  any  provision  of  this  Agreement.

     3.3     Change  of  Control.  Notwithstanding  any other provisions of this
             -------------------
Agreement,  if  (i) a Change of Control shall occur; and (ii) within twelve (12)
                                                     ---
months  of  any  such  Change  of  Control,  Executive  (a) receives a Notice of
Non-Renewal,  (b)  is  terminated  for  any  reason other than for Cause, or (c)
Company  (including its successors, if any) is in breach of this Agreement, then
Executive  shall  receive  the  Lump  Sum  Payment  plus  his current salary (in
bi-weekly  payments)  as  severance  pay  until the expiration of fifty-two (52)
weeks  from  Executive's  Date  of  Termination.

The  receipt  by  Executive  of  payments  pursuant  to  this  Section  3.3  is
specifically  conditioned, and no payments pursuant to this Section 3.3 shall be
made  to  Executive  if  he is, at the time of his Termination, in breach of any
provision  (specifically  including,  but not limited to, the provisions of this
Agreement  pertaining  to non-competition and confidentiality) of this Agreement
and,  further, if such payments have already begun, the continuation of payments
to  Executive  pursuant  to  this  Section 3.3 shall cease at the time Executive
shall  fail to comply with the non-competition and confidentiality provisions of
Article  4  herein.

     "Change  of Control" shall mean the inability of the Symons family to cause
the  election  of  a majority of the members of the Board of Directors of either
Goran,  SIG  or  their  respective  successors.

     3.4     Disability.  So  long  as  otherwise permitted by law, if Executive
             ----------
has become permanently disabled from performing his duties under this Agreement,
the  Company's  Chairman  of  the  Board, may, in his discretion, determine that
Executive  will  not  return  to  work  and terminate his employment as provided
below.  Upon any such termination for disability, Executive shall be entitled to
such  disability, medical, life insurance, and other benefits as may be provided
generally  for  disabled  employees  of  Company  during  the  period he remains
disabled.  Permanent  disability  shall  be  determined pursuant to the terms of
Executive's  long  term disability insurance policy provided by the Company.  If
Company  elects  to terminate this Agreement based on such permanent disability,
such  termination  shall  be  for  Cause.

     3.5     Indemnification.  Executive  shall be indemnified by Company to the
             ---------------
maximum  extent  permitted  by  applicable law for actions undertaken for, or on
behalf  of,  the  Company  and  its  subsidiaries.

4.     NON-COMPETITION,  CONFIDENTIALITY  AND  TRADE  SECRETS

     4.1     Noncompetition.  In  consideration  of  the Company's entering into
             --------------
this  Agreement  and the compensation and benefits to be provided by the Company
to  Executive hereunder, and further in consideration of Executive's exposure to
proprietary  information  of  the  Company,  Executive  agrees  as  follows:

(2)     Until  the  date of termination or expiration of  this Agreement for any
reason  (the  "Date  of  Termination")  Executive  agrees  not  to  enter  into
competitive  endeavors  and  not  to  undertake any commercial activity which is
contrary  to  the  best  interests  of the Company or its affiliates, including,
directly  or  indirectly,  becoming  an  employee, consultant, owner (except for
passive investments of not more than five percent (5%) of the outstanding shares
of, or any other equity interest in, any company or entity listed or traded on a
national  securities  exchange  or  in  an  over-the-counter securities market),
officer,  agent  or  director  of, or otherwise participating in the management,
operation, control or profits of (a) any firm or person engaged in the operation
of a business engaged in the acquisition of insurance businesses or (b) any firm
or person which either directly competes with a line or lines of business of the
Company  accounting  for five percent (5%) or more of the Company's gross sales,
revenues  or  earnings before taxes or derives five percent (5%) or more of such
firm's or person's gross sales, revenues or earnings before taxes from a line or
lines  of  business  which  directly  compete  with  the  Company.

(b)     If  Executive's  employment  is terminated by Executive, or by reason of
Executive's  disability,  by  the  Company for Cause, or pursuant to a Notice of
Non-Renewal as outlined in Section 1.1, then for two (2) years after the Date of
Termination,  Executive  agrees  not  to  become,  directly  or  indirectly,  an
employee,  consultant,  owner  (except  for passive investments of not more than
five percent (5%) of the outstanding shares of, or any other equity interest in,
any  company  or entity listed or traded on a national securities exchange or in
an  over-the-counter  securities  market),  officer,  agent  or  director of, or
otherwise  to  participate  in the management, operation, control or profits of,
any  firm or person which directly competes with a business of the Company which
at the Date of Termination produced any class of products or business accounting
for five percent (5%) or more of the Company's gross sales, revenues or earnings
before  taxes  at  the  Date  of  Termination.

(c)     Executive  acknowledges  and  agrees  that  damages  for  breach  of the
covenant  not to compete in this Section  4.1 will be difficult to determine and
will  not  afford  a  full  and  adequate  remedy, and therefore agrees that the
Company  shall  be  entitled  to  an  immediate injunction and restraining order
(without  the  necessity  of  a  bond)  to  prevent such breach or threatened or
continued  breach  by  Executive  and any persons or entities acting for or with
Executive,  without having to prove damages, and to all costs and expenses (if a
court  or arbitrator determines that the Executive has breached the covenant not
to  compete in this Section 4.1, including reasonable attorneys' fees and costs,
in addition to any other remedies to which the Company may be entitled at law or
in equity.  It is agreed that the provisions of this covenant not to compete are
reasonable  and necessary for the operation of the Company and its subsidiaries.
However,  should  any  court  or arbitrator determine that any provision of this
covenant  not to compete is unreasonable, either in period of time, geographical
area,  or  otherwise, the parties agree that this covenant not to compete should
be interpreted and enforced to the maximum extent which such court or arbitrator
deems  reasonable.

     4.2       CONFIDENTIALITY.  EXECUTIVE  SHALL  NOT  KNOWINGLY  DISCLOSE  OR
               ---------------
REVEAL TO ANY UNAUTHORIZED PERSON, DURING OR AFTER THE TERM, ANY TRADE SECRET OR
OTHER CONFIDENTIAL INFORMATION (AS OUTLINED IN THE INDIANA UNIFORM TRADE SECRETS
ACT)  RELATING  TO  THE  COMPANY  OR  ANY  OF  ITS  AFFILIATES,  OR ANY OF THEIR
RESPECTIVE  BUSINESSES  OR  PRINCIPALS,  AND  EXECUTIVE  CONFIRMS  THAT  SUCH
INFORMATION  IS  THE  EXCLUSIVE  PROPERTY  OF  THE  COMPANY  AND ITS AFFILIATES.
EXECUTIVE AGREES TO HOLD AS THE COMPANY'S PROPERTY ALL MEMORANDA, BOOKS, PAPERS,
LETTERS AND OTHER DATA, AND ALL COPIES THEREOF OR THEREFROM, IN ANY WAY RELATING
TO  THE BUSINESS OF THE COMPANY AND ITS AFFILIATES, WHETHER MADE BY EXECUTIVE OR
OTHERWISE  COMING INTO EXECUTIVE'S POSSESSION AND, ON TERMINATION OF EXECUTIVE'S
EMPLOYMENT,  OR ON DEMAND OF THE COMPANY AT ANY TIME, TO DELIVER THE SAME TO THE
COMPANY.

     ANY  IDEAS,  PROCESSES,  CHARACTERS,  PRODUCTIONS,  SCHEMES, TITLES, NAMES,
FORMATS,  POLICIES,  ADAPTATIONS,  PLOTS,  SLOGANS,  CATCHWORDS,  INCIDENTS,
TREATMENT,  AND DIALOGUE WHICH EXECUTIVE MAY CONCEIVE, CREATE, ORGANIZE, PREPARE
OR  PRODUCE  DURING  THE  PERIOD  OF  EXECUTIVE'S  EMPLOYMENT  AND  WHICH IDEAS,
PROCESSES,  ETC.  RELATE TO ANY OF THE BUSINESSES OF THE COMPANY, SHALL BE OWNED
BY  THE  COMPANY  AND  ITS  AFFILIATES  WHETHER  OR NOT EXECUTIVE SHOULD IN FACT
EXECUTE  AN  ASSIGNMENT  THEREOF TO THE COMPANY, BUT EXECUTIVE AGREES TO EXECUTE
ANY  ASSIGNMENT  THEREOF OR OTHER INSTRUMENT OR DOCUMENT WHICH MAY BE REASONABLY
NECESSARY  TO  PROTECT  AND  SECURE  SUCH  RIGHTS  TO  THE  COMPANY.
5.     MISCELLANEOUS

     5.1     Amendment.  This  Agreement  may be amended only in writing, signed
             ---------
by  both  parties.

     5.2     Entire Agreement.  This Agreement contains the entire understanding
             ----------------
of  the parties with regard to all matters contained herein.  There are no other
agreements,  conditions  or  representations,  oral  or  written,  expressed  or
implied,  with  regard  to the employment of Executive or the obligations of the
Company  or  the  Executive.  This  Agreement  supersedes  all  prior employment
contracts  and  non-competition  agreements  between  the  parties.

     5.3     Notices.  Any  notice  required  to  be  given under this Agreement
             -------
shall  be  in writing and shall be delivered either in person or by certified or
registered  mail,  return  receipt  requested.  Any  notice  by  mail  shall  be
addressed  as  follows:

     If  to  the  Company,  to:

     Symons  International  Group,  Inc.
Attention:  Secretary
4720  Kingsway  Drive
Indianapolis,  Indiana  46205

     AND

     Goran  Capital  Inc.
Attention:  Secretary
4720  Kingsway  Drive
Indianapolis,  Indiana  46205

     If  to  Executive,  to:

     Douglas  H.  Symons
7436  Glenvista  Place
Fishers,  Indiana   46038

or  to  such  other addresses as one party may designate in writing to the other
party  from  time  to  time.

     5.4     Waiver  of  Breach.  Any  waiver by either party of compliance with
             ------------------
any  provision  of  this  Agreement  by  the other party shall not operate or be
construed  as  a  waiver  of  any  other  provision of this Agreement, or of any
subsequent  breach  by  such  party  of  a  provision  of  this  Agreement.

     5.5     Due  Authority.  The  Company  represents  and  warrants  that  the
             --------------
execution  of this Agreement and the performance by the Company of the terms and
conditions  of  this  Agreement have been duly and validly authorized by Company
and,  further, that no other authorization or consent is required to be obtained
by  Company  for  its  performance  hereunder.

     5.6     VALIDITY.  THE  INVALIDITY  OR UNENFORCEABILITY OF ANY PROVISION OF
             --------
THIS  AGREEMENT  SHALL  NOT  AFFECT  THE VALIDITY OR ENFORCEABILITY OF ANY OTHER
PROVISION  OF  THIS  AGREEMENT,  WHICH  SHALL  REMAIN  IN FULL FORCE AND EFFECT.

     5.7     Governing Law.  This Agreement shall be interpreted and enforced in
             -------------
accordance  with  the  laws  of  the  State of Indiana, without giving effect to
conflict  of  law  principles.

     5.8     Headings.  The  headings  of  articles  and  sections  herein  are
             --------
included  solely for convenience and reference and shall not control the meaning
or  interpretation  of  any  of  the  provisions  of  this  Agreement.

     5.9     Counterparts.  This  Agreement  may  be  executed  by either of the
             ------------
parties  in  counterparts,  each of which shall be deemed to be an original, but
all  such  counterparts  shall  constitute  a  single  instrument.

     5.10     SURVIVAL.  COMPANY'S  OBLIGATIONS  UNDER SECTIONS 3.1, 3.3 AND 3.5
              --------
AND  EXECUTIVE'S  OBLIGATIONS  UNDER SECTION 4 SHALL SURVIVE THE TERMINATION AND
EXPIRATION OF THIS AGREEMENT IN ACCORDANCE WITH THE SPECIFIC PROVISIONS OF THOSE
PARAGRAPHS  AND  SECTIONS  AND  THIS  AGREEMENT IN ITS ENTIRETY SHALL BE BINDING
UPON,  AND  INURE  TO  THE BENEFIT OF, THE SUCCESSORS AND ASSIGNS OF THE PARTIES
HERETO.

     5.11     Miscellaneous.  No  provision  of  this Agreement may be modified,
              -------------
waived  or discharged unless such waiver, modification or discharge is agreed to
in  writing  and  signed  by  Executive  and such officer as may be specifically
designated  by  the  Board.  No waiver by either party hereto at any time of any
breach  by  the  other  party  hereto  of,  or compliance with, any condition or
provision  of this Agreement to be performed by such other party shall be deemed
a waiver of similar or dissimilar provisions or conditions at the same or at any
prior  subsequent  time.

     IN  WITNESS WHEREOF, the parties have executed this Agreement this 25th day
of  April,  2003.

     SYMONS  INTERNATIONAL  GROUP,  INC.

     By:_________________________________

     Title:________________________________
GORAN  CAPITAL  INC.

     By:_________________________________

     Title:_______________________________

     DOUGLAS  H.  SYMONS
("EXECUTIVE")

     ___________________________________

<PAGE>
                                                                          ------
                                                                       EXHIBIT A
                                                                       ---------

     AGREEMENT  OF  RELEASE  AND  WAIVER
     -----------------------------------

     This  Agreement  of  Release  and  Waiver ("Release"), dated as of the date
indicated  below,  is  made  and  entered  into by and between Douglas H. Symons
("Employee")  and  Symons  International  Group,  Inc.  ("SIG").

     WHEREAS,  SIG  maintains  a policy of providing discretionary severance pay
for  certain  of  its  employees  in the event of termination of employment; and

     WHEREAS,  the  purpose  of  said  Policy  is  to  enable  SIG,  in its sole
discretion,  to  provide  protection  against  future  unemployment  by  making
severance  pay  benefits  available  to certain of its employees in the event of
their  termination  of  employment;  and

     WHEREAS,  pursuant  to  this  Policy,  Employee  was  offered discretionary
severance  pay  by  SIG in connection with Employee's termination of employment,
receipt of which was conditioned, among other things, on Employee executing this
Release.

     NOW,  THEREFORE, in consideration of the severance payment in the amount of
$_______________,  less  applicable  federal and state deductions, and for other
good  and  valuable  consideration,  Employee, for himself, his representatives,
successors,  and  assigns,  does  hereby  unconditionally  and  forever:

(a)     waive  any  rights  Employee  may have and release and discharge SIG and
each  of  its  present or former affiliates, and each of SIG and its affiliates'
respective  subsidiaries,  shareholders, officers, directors, employees, agents,
successors  and  assigns  of  and  from  any  and all claims, actions, causes of
action,  rights,  demands,  attorneys'  fees,  wages, bonus payments, penalties,
debts  or damages of every kind or nature whatsoever, arising out of or relating
in  any  way  to  Employee's  employment  or termination of employment with SIG,
including,  without  limitation,  claims  that  Employee  is entitled to receive
additional  compensation,  bonus  payments, or other benefits under any employee
benefit  plan  or  benefit  arrangements  of  SIG,  except  for:

(i)     Claims  relating  to medical, hospital or other benefits available under
the  terms  of  the  SIG  Medical  Plan, by virtue of any valid election made by
employee  pursuant  to  the  Consolidated  Omnibus  Budget  Reconciliation  Act
("COBRA");

(ii)     Claims  for  amounts which are payable pursuant to the terms of the SIG
Medical  Plan  to  or  on behalf of Employee with respect to medical expenses of
Employee  or  Employee's dependents incurred on or before the date of Employee's
termination  of  employment  with  SIG;  and
(iii)     Employee's  entitlement  to  accrued  and  unpaid  wages  and vacation
benefits,  less  applicable  federal and state deductions, up to Employee's last
date  of  employment  with  SIG.

(b)     acknowledge  and  agree  that Employee is forever releasing SIG from all
claims  arising  on or before the date of execution of this Release that SIG has
in  any  way  discriminated  against Employee by reason of Employee's age, race,
sex,  national  origin,  religion,  physical  or  mental disability or any other
legally protected status or condition.  In this connection, Employee understands
that  in  consideration of the payment referred to above, Employee will not file
any  federal,  state  or local lawsuit claiming discrimination and, in the event
that  such  a  lawsuit  has  been  filed,  Employee  will withdraw such lawsuit.
Employee  also  waives  the  right  to  receive any financial benefit, including
monetary  recovery  and/or  reinstatement  from  any  lawsuit,  charge  of
discrimination  or  settlement  related  to  such  rights and claims as Employee
hereby  waives,  whether the lawsuit or charge of discrimination is filed or the
settlement is reached by a federal, state or local agency, or any other party or
entity.  Without  limiting  the foregoing, Employee hereby specifically releases
SIG from any and all claims under Title VII of the Civil Rights Act of 1964, the
Employee  Retirement  Income  Security  Act  of  1974, the Age Discrimination In
Employment  Act  of  1967,  the  Rehabilitation  Act of 1973, the Americans With
Disabilities Act of 1990, the Family and Medical Leave Act of 1993 and any other
federal,  state  or  local statute, rule or regulation precluding or relating to
discrimination  in  employment;

(c)     acknowledge  and  agree  that Employee is forever releasing SIG from all
claims  arising  on  or  before  the  date of execution of this Release that SIG
breached  any  express or implied contractual or other obligation to Employee or
that SIG unlawfully terminated or constructively discharged Employee, including,
without  limitation,  any  claims for wrongful discharge, breach of contract, or
under  any  other  contract  theory  of  recovery;

(d)     acknowledge  and  agree  that Employee is forever releasing SIG from any
and  all tort claims arising on or before the date of execution of this Release,
including,  without  limitation,  claims  for  defamation,  invasion of privacy,
intentional  or negligent infliction of emotion distress or under any other tort
theory  of  recovery;  and

(e)     agree  not  to  demand  or  apply for employment with SIG in the future.

Without  limiting the foregoing, in consideration of the payment described above
and  the  agreement  by  SIG  not  to  disclose, without Employee's consent, any
information  to  prospective  employers  about  Employee other than the dates of
Employee's  employment  and  Employee's  job  title/position, Employee agrees to
discharge  and  unconditionally  release  SIG  from defamation claims related to
Employee's  termination  of  employment.

     In  addition,  Employee further acknowledges and agrees that Employee shall
immediately  repay  the  severance  payment referred to above if Employee should
ever  breach  any  provision  of  this  Release  or  this Release is found to be
unenforceable.  Employee also acknowledges and agrees that Employee shall pay to
SIG  the  total  amount  of  any  and  all attorney's fees and expenses that are
incurred  by SIG in enforcing any of the terms of this Release subsequent to the
effective  date  of  this  Release.

     Employee  further  acknowledges  and  agrees  that  this  Release  and  the
consideration given by SIG are not to be construed as an admission by SIG of any
liability  whatsoever.

     In  the  event  any one or more of the provisions contained in this Release
shall  for  any  reason  be  held to be invalid, illegal or unenforceable in any
vent,  such  invalidity,  illegality,  or  unenforceability shall not affect any
other  provision  of  this  Release.

     EMPLOYEE  ACKNOWLEDGES THAT HE HAS BEEN ADVISED THAT LEGAL COUNSEL COULD BE
SOUGHT  CONCERNING THIS DOCUMENT AND THAT EMPLOYEE HAS TWENTY-ONE (21) DAYS FROM
RECEIPT  OF  THIS DOCUMENT WITHIN WHICH TO EXECUTE THIS AGREEMENT OF RELEASE AND
WAIVER.

     EMPLOYEE  ACKNOWLEDGES  THAT  EMPLOYEE  HAS CAREFULLY READ THIS RELEASE AND
FULLY  UNDERSTANDS THAT BY EXECUTING THIS RELEASE EMPLOYEE IS RELEASING SIG FROM
CLAIMS  ARISING  OUT  OF  OR  IN  CONNECTION  WITH  EMPLOYEE'S EMPLOYMENT AND/OR
TERMINATION  OF  EMPLOYMENT  WITH  SIG.  EMPLOYEE  MAY  REVOKE THIS AGREEMENT OF
RELEASE AND WAIVER, IN WRITING, WITHIN SEVEN (7) DAYS FROM THE DATE OF EXECUTION
HEREOF.

Dated  this  __________  day  of  ____________________,  20_____.

     EMPLOYEE:

     __________________________________________
Printed  Name:   Douglas  H.  Symons

Witness:_____________________________

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00052-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00052-of-00352.parquet"}]]