INVESTMENT MANAGEMENT AGREEMENT

Exhibit 10.19

INVESTMENT MANAGEMENT AGREEMENT

This agreement dated this 11th day of March, 1997 but effective as of January 1, 1997, is by and between Stateco Financial Services, Inc. (aka Stateco, Inc.) (“Stateco”), 518 East Broad Street, Columbus, Ohio 43215 and Midwest Security Insurance Company, 2700 Midwest Drive, Onalaska, Wisconsin 54650 (“Midwest”).

Recitals

Midwest, a Wisconsin domiciled property-casualty insurance company receives policyholders’ premiums and holds those premiums for payment of valid claims.

In the ordinary course of its business it is charged with the responsibility of managing and investing said policyholder premiums.

Stateco, an Ohio-domiciled corporation, is engaged in the business of providing financial services pertinent to an insurance business including, without limitation, investment management services.

Midwest desires to retain the services of Stateco as the investment manager for its investable assets, including, without limitation, policyholders’ surplus, and Stateco is willing to serve in such capacity.

Therefore, in consideration of the mutual covenants set forth herein and INTENDING TO BE LEGALLY BOUND HEREBY, the parties hereto agree as follows:

a. This agreement shall be for a one year term. It shall automatically renew for additional twelve month terms unless either party hereto gives written notice of its intention to terminate this agreement, which notice must be given at least ninety days prior to the annual anniversary date of the agreement.