On November 6, 2020, the Board of Directors of the 1347 Property Insurance Holdings, Inc. appointed the Interim Chief Executive Officer of the Company, Larry G. Swets Jr., to serve as the Company’s Chief Executive Officer (“CEO”), effective November 10, 2020. Mr. Swets, who has served as a director on the Board since November 2013, had been appointed to serve as the Company’s Interim Chief Executive Officer on June 17, 2020.