On March 10, 2016, Tiptree appointed Timothy Schott as Principal Accounting Officer of Tiptree Financial Inc. (Tiptree"), its subsidiary Tiptree Operating Company, LLC (Operating Company") and Tiptree Financial Partners, L.P. (TFP"), effective April 4, 2016. Prior to joining Tiptree, Mr. Schott was at Lazard Ltd., since 2011, as the Director of Accounting Policy for Global Finance, where he led the oversight of compliance with U.S. GAAP, including SEC reporting and approval of the accounting for significant and complex transactions. Prior to Lazard Ltd., Mr. Schott was a partner at Deloitte & Touche Financial Accounting and Reporting Services since 2007.

Prior to joining Deloitte's advisory business in 2004, Mr. Schott spent 11 years as an auditor at Deloitte.