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     <!-- Client Name:    SeaBright Insurance Holdings, Inc. -->
     <!-- Project Name:   4/24/07 Form S-8 for Evergreen Shares-->
     <!-- Firm Name:      SeaBright Insurance Holdings, Inc.  -->
<TITLE>SeaBright Insurance Holdings, Inc. Form S-8</TITLE>
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<DIV align="Center" style="font-size: 10pt">As
filed with the Securities and Exchange Commission on April 24, 2007 </DIV>

<DIV align="Right" style="font-size: 10pt">Registration No. 333-____ </DIV>

<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>
<BR>


<DIV align="center" style="font-size: 14pt; margin-top: 0pt"><B>UNITED STATES <BR> SECURITIES AND
EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 6pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 4pt"><B>FORM S-8</B><BR></DIV>
<DIV align="center" style="font-size: 12pt; margin-top: 0pt">
<B>REGISTRATION STATEMENT<BR>UNDER<BR>THE SECURITIES ACT OF 1933</B>
</DIV>



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</DIV>


<DIV align="center" style="font-size: 24pt; margin-top: 4pt"><B>SeaBright Insurance Holdings, Inc.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>

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</DIV>
<DIV align="center">
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    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
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    <TD align="center" valign="top" nowrap><B>Delaware</B><BR>
(State or other jurisdiction of incorporation or organization)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>56-2393241</B><BR>
(IRS Employer Identification No.)</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top" nowrap><B>&nbsp;</B></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>&nbsp;</B></TD></TR>
<TR valign="bottom">
    <TD align="center" valign="top" nowrap><B>2101 4th Avenue, Suite 1600<BR>Seattle, Washington<BR></B>
(Address of Principal Executive Offices)<BR>

</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B><BR>98121</B><BR>
(Zip Code)</TD>
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</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 8pt"><B>SeaBright Insurance Holdings, Inc. Amended and Restated 2005
Long-Term Equity Incentive Plan</B><BR></DIV>
<DIV align="center" style="font-size: 10pt; margin-top: 0pt">
(Full title of the plan)
</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 8pt">John G. Pasqualetto<BR>
Chairman, President and Chief Executive Officer<BR>
SeaBright Insurance Holdings, Inc.<BR>
2101 4th Avenue, Suite 1600<BR>
Seattle, Washington 98121<BR>
(206) 269-8500<BR>
(Name and address, including zip code, and telephone number, including area code, of agent for services)</DIV>





<DIV align="center" style="font-size: 10pt; margin-top: 8pt"><U>Copy to:</U><BR>
James S. Rowe, Esq.<BR>
Kirkland &amp; Ellis LLP<BR>
200 East Randolph Drive<BR>
Chicago, Illinois 60601<BR>
(312) 861-2000<BR><BR></DIV>

<DIV align="center" style="font-size: 10pt"><B>CALCULATION OF REGISTRATION FEE</B></DIV>

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<TR VALIGN="BOTTOM">
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Title of Securities to be registered</FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Amount to be registered (1)</FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Proposed maximum offering price per share (2)</FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Proposed maximum aggregate offering price (2)</FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="1">Amount of Registration Fee</FONT></TH></TR>
<TR VALIGN="TOP">
     <TD WIDTH="25%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Common Stock, $0.01 par value per share</FONT></TD>
     <TD WIDTH="20%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>411,068 shares (3)</FONT></TD>
     <TD WIDTH="20%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>$18.62</FONT></TD>
     <TD WIDTH="20%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>$7,654,086.16</FONT></TD>
     <TD WIDTH="15%" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>$234.98</FONT></TD></TR>
</TABLE>


<DIV align="LEFT" style="font-size: 10pt; margin-top: 8pt"><DIV align="LEFT"><DIV style="font-size: 3pt; margin-top: 8pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
</DIV>

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   <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) </FONT></TD>
   <TD WIDTH=97%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    Pursuant to Rule 416 under the Securities Act of 1933, as amended (the &#147;Securities Act&#148;), this
 registration statement on Form S-8 (this &#147;Registration Statement&#148;) shall also cover any additional shares of
 Common Stock which become issuable under the above-named plan by reason of any stock dividend, stock split,
 recapitalization or other similar transaction effected without the receipt of consideration which results in an
 increase in the number of outstanding shares of Common Stock.</FONT></TD></TR>
<TR VALIGN=TOP>
   <TD ><FONT FACE="Times New Roman, Times, Serif" SIZE=2> &nbsp;</FONT></TD>
   <TD ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=TOP>
   <TD ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2) </FONT></TD>
   <TD ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Estimated pursuant to Rules 457(c) and (h) under the Securities Act solely for purposes of calculating
 the amount of the registration fee, based upon the average of the high and low prices of the registrant&#146;s Common
 Stock reported on the Nasdaq Global Select Market on April 17, 2007.</FONT></TD></TR>
<TR VALIGN=TOP>
   <TD ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
   <TD ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=TOP>
   <TD ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3) </FONT></TD>
   <TD ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Represents additional shares authorized as of January 1, 2007 under the evergreen provision of
 the SeaBright Insurance Holdings, Inc. Amended and Restated 2005 Long-Term Equity Incentive Plan (the &#147;Plan&#148;).<BR><BR></FONT></TD></TR>
</TABLE>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>




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<H1 ALIGN=CENTER ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXPLANATORY NOTE </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to General Instruction E
to Form S-8 under the Securities Act, this
Registration Statement is filed by SeaBright Insurance Holdings, Inc. (the &#147;Company&#148;) for the purpose of registering additional
shares of common stock, par value $0.01 per share, of the Company (the &#147;Common Stock&#148;) under the Plan.  The number of shares of
Common Stock available for issuance under the Plan is subject to an automatic annual increase on the first day of each of the
Company&#146;s fiscal years beginning in 2006 and ending in 2015 equal to the lesser of: (i) two percent (2%) of the shares of Common
Stock outstanding on the last day of the immediately preceding fiscal year or (ii) such lesser number of shares of Common Stock as
determined by the Compensation Committee (the &#147;Committee&#148;) of the Board of Directors of the Company (the &#147;Evergreen Provision&#148;).
Accordingly, the number of shares of Common Stock available for issuance under the Plan was increased by 411,068 shares effective
January 1, 2007, and such increase was ratified by the Committee on January 24, 2007.  This Registration Statement registers the
411,068 additional shares of Common Stock available for issuance under the Plan as a result of the Evergreen Provision. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The shares of Common Stock registered pursuant
to this Registration Statement are of the same class of securities as the 1,047,755 shares of Common
Stock registered for issuance under the Plan pursuant to the currently effective Registration Statement
on Form S-8 (Registration No. 333-123319) filed on March 15, 2005 (the &#147;Original Registration
Statement&#148;).  In addition, on May 31, 2006, the Company filed an additional Registration Statement on
Form S-8 (Registration No. 333-134613) to register an additional 328,223 shares of Common Stock which
became available for issuance as of January 1, 2006 as a result of the Evergreen Provision.  The
contents of the Original Registration Statement, including any amendments thereto or filings
incorporated therein, are incorporated herein by this reference.  Any items in the Original Registration
Statement not expressly changed hereby shall be as set forth in the Original Registration Statement. </FONT></P>



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<H1 ALIGN=CENTER ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART II </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INFORMATION REQUIRED
IN THE REGISTRATION STATEMENT </FONT></H1>


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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item&nbsp;3.
Incorporation of Documents by Reference. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following documents, which have been filed by the Company with the Commission, are
incorporated in this Registration Statement by reference: </FONT></P>

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   <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
   <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a) </FONT></TD>
   <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    the Company&#146;s Annual Report on Form&nbsp;10-K for the fiscal year ended
                    December 31, 2006, filed on March 16, 2007; </FONT></TD>
</TR>
</TABLE>
                    <BR>

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   <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
   <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b) </FONT></TD>
   <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    the Company&#146;s Proxy Statement on Schedule 14A, filed on April 17, 2007; </FONT></TD>
</TR>
</TABLE>
                    <BR>
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   <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
   <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c) </FONT></TD>
   <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    the Company&#146;s Current Reports on Form 8-K filed on March 15, 2007 and April 3, 2007; and</FONT></TD>
</TR>
</TABLE>
                    <BR>
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   <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
   <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d) </FONT></TD>
   <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    the description of the Company&#146;s Common Stock, par value $0.01 per share,
                    included under the caption &#147;Description of Capital Stock&#148; in the
                    Prospectus forming a part of the Company&#146;s Registration Statement on Form
                    S-1, initially filed with the Commission on September 17, 2004 (Registration No.
                    333-119111), including exhibits, and as amended, which description has been
                    incorporated by reference in Item 1 of the Company&#146;s Registration Statement
                    on Form 8-A, filed pursuant to Section 12 of the Securities Exchange Act of
                    1934, as amended (the &#147;Exchange Act&#148;), on January 21, 2005
                    (Registration No. 000-51124). </FONT></TD>
</TR>
</TABLE>
                    <BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
documents subsequently filed by the Company pursuant to Sections&nbsp;13(a), 13(c), 14 and
15(d) of the Exchange Act, prior to the filing of a post-effective amendment which
indicates that all securities offered hereby have been sold or which deregisters all
securities then remaining unsold, shall be deemed to be incorporated by reference herein
and to be part hereof from the date of the filing of such documents. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
statement contained in a document incorporated or deemed to be incorporated by reference
herein shall be deemed to be modified or superseded for purposes of this Registration
Statement to the extent that a statement contained herein or in any other subsequently
filed document which also is or is deemed to be incorporated by reference herein modifies
or supersedes such statement. Any statement so modified or superseded shall not be deemed,
except as so modified or superseded, to constitute a part of this Registration Statement. </FONT></P>




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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item&nbsp;8. Exhibits. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See
the accompanying Exhibit Index for a list of Exhibits to this Registration Statement,
which is incorporated by reference herein. </FONT></P>

<A name="a005"></A>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item&nbsp;9.
Undertakings. </FONT></H1>

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               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a) </FONT></TD>
               <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               The undersigned registrant hereby undertakes:  </FONT></TD>
               </TR>
               </TABLE>
               <BR>


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               <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) </FONT></TD>
               <TD WIDTH=89%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               to file, during any period in which offers or sales are being made, a
               post-effective amendment to this Registration Statement: </FONT></TD>
               </TR>
               </TABLE>
               <BR>

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               <TD WIDTH=12%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=4%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(i) </FONT></TD>
               <TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               to include any prospectus required by Section&nbsp;10(a)(3) of the Securities
               Act; </FONT></TD>
               </TR>
               </TABLE>
               <BR>

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               <TD WIDTH=12%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=4%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(ii) </FONT></TD>
               <TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               to reflect in the prospectus any facts or events arising after the effective
               date of this Registration Statement (or most recent post-effective amendment
               thereof) which, individually or in the aggregate, represent a fundamental change
               in the information set forth in this Registration Statement. Notwithstanding the
               foregoing, any increase or decrease in the volume of securities offered (if the
               total dollar value of securities offered would not exceed that which was
               registered) and any deviation from the low or high end of the estimated maximum
               offering range </FONT></TD>
               </TR>
               </TABLE>
               <BR>

<P align="center" style="font-size: 10pt">-&nbsp;2&nbsp;-

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               <TR VALIGN=TOP>
               <TD WIDTH=12%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=4%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               may be reflected in the form of prospectus filed with the
               Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume
               and price represent no more than a 20% change in the maximum aggregate offering
               price set forth in the &#147;Calculation of Registration Fee&#148; table in the
               effective registration statement; and </FONT></TD>
               </TR>
               </TABLE>
               <BR>


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               <TD WIDTH=12%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=4%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(iii) </FONT></TD>
               <TD WIDTH=84%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               to include any material information with respect to the plan of distribution not
               previously disclosed in this Registration Statement or any material change to
               such information in this Registration Statement; </FONT></TD>
               </TR>
               </TABLE>
               <BR>

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<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<I>provided, however</I>, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the
information required to be included in a post-effective amendment by those paragraphs is
contained in reports filed with or furnished to the Commission by the Company pursuant to
section 13 or section 15(d) of the Exchange Act that are incorporated by reference in this
Registration Statement;</FONT></TD>
</TR>
</TABLE>
<BR>

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                    <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
                    <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2) </FONT></TD>
                    <TD WIDTH=89%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    that, for the purpose of determining any liability under the Securities Act,
                    each such post-effective amendment shall be deemed to be a new registration
                    statement relating to the securities offered therein, and the offering of such
                    securities at that time shall be deemed to be the initial bona fide offering
                    thereof; and </FONT></TD>
                    </TR>
                    </TABLE>
                    <BR>

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                    <TD WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
                    <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3) </FONT></TD>
                    <TD WIDTH=89%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    to remove from registration by means of a post-effective amendment any of the
                    securities being registered which remain unsold at the termination of the
                    offering. </FONT></TD>
                    </TR>
                    </TABLE>
                    <BR>

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                    <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
                    <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b) </FONT></TD>
                    <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    The undersigned registrant hereby undertakes that, for purposes of determining
                    any liability under the Securities Act, each filing of the Company&#146;s annual
                    report pursuant to Section&nbsp;13(a) or Section&nbsp;15(d) of the Exchange Act
                    (and, where applicable, each filing of an employee benefit plan&#146;s annual
                    report pursuant to Section&nbsp;15(d) of the Exchange Act) that is incorporated
                    by reference in this Registration Statement shall be deemed to be a new
                    registration statement relating to the securities offered herein, and the
                    offering of such securities at that time shall be deemed to be the initial bona
                    fide offering thereof. </FONT></TD>
                    </TR>
                    </TABLE>
                    <BR>

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                    <TR VALIGN=TOP>
                    <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
                    <TD WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c) </FONT></TD>
                    <TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                    Insofar as indemnification for liabilities arising under the Securities Act may
                    be permitted to directors, officers and controlling persons of the registrant
                    pursuant to the foregoing provisions, or otherwise, the registrant has been
                    advised that in the opinion of the Commission such indemnification is against
                    public policy as expressed in the Securities Act and is, therefore,
                    unenforceable. In the event that a claim for indemnification against such
                    liabilities (other than the payment by the registrant of expenses incurred or
                    paid by a director, officer or controlling person of the registrant in the
                    successful defense of any action, suit or proceeding) is asserted by such
                    director, officer or controlling person in connection with the securities being
                    registered, the registrant will, unless in the opinion of its counsel the matter
                    has been settled by controlling precedent, submit to a court of appropriate
                    jurisdiction the question whether such indemnification by it is against public
                    policy as expressed in the Securities Act and will be governed by the final
                    adjudication of such issue. </FONT></TD>
                    </TR>
                    </TABLE>
                    <BR>


<P align="center" style="font-size: 10pt">-&nbsp;3&nbsp;-

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<H5 align="left" style="page-break-before:always">&nbsp;</H5>





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<H1 ALIGN=CENTER ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, as amended, the registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing
on Form&nbsp;S-8 and has duly caused this Registration Statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of Seattle, State of
Washington, on April 24, 2007. </FONT></P>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD></TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="4" align="left">SEABRIGHT INSURANCE HOLDINGS, INC.<BR>
&nbsp;</TD></TR>
<TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/  John G. Pasqualetto
&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD align="left">&nbsp;</TD>
    <TD>Name:&nbsp;&nbsp;</TD>
    <TD colspan="2" align="left">John G. Pasqualetto</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD align="left">&nbsp;</TD>
    <TD>Title:&nbsp;&nbsp;</TD>
    <TD colspan="3" align="left">Chairman, President and Chief Executive Officer</TD></TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>POWER OF ATTORNEY </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW
ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and
appoints John G. Pasqualetto, Joseph S. De Vita and D. Drue Wax, and each or
either of them, his or her true and lawful attorney-in-fact and agent, with full power of
substitution and resubstitution, for him or her and in his or her name, place and stead,
in any and all capacities, to sign any or all amendments (including post-effective
amendments) to this Registration Statement under the Securities Act of 1933, as amended,
and to file the same, with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto said
attorney-in-fact and agent, full power and authority to do and perform each and every act
and thing requisite and necessary to be done in and about the premises, as fully to all
intents and purposes as he or she might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent, or his or her substitute or
substitutes, may lawfully do or cause to be done by virtue hereof. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, as amended, this Registration Statement
has been signed by the following persons in the capacities indicated on April 24, 2007. </FONT></P>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="40%" style="border-bottom: 1px solid #000000" align="left">/s/  John G. Pasqualetto
&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="50%">Chairman of the Board of Directors,</TD></TR>
<TR>
    <TD align="left">John G. Pasqualetto
&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >President and Chief Executive Officer</TD></TR>
<TR>
    <TD  align="left">&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >(Principal Executive Officer)<BR><BR></TD></TR>

<TR>
    <TD style="border-bottom: 1px solid #000000" align="left">/s/ Joseph S. De Vita
&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >Senior Vice President, Chief Financial Officer and</TD></TR>
<TR>
    <TD align="left">Joseph S. De Vita
&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >Assistant Secretary</TD></TR>
<TR>
    <TD  align="left">&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >(Principal Financial Officer)<BR><BR></TD></TR>
<TR>
    <TD  style="border-bottom: 1px solid #000000" align="left">/s/ M. Philip Romney
&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >Vice President-Finance, Principal Accounting Officer<BR> and Assistant Secretary</TD></TR>
<TR>
    <TD align="left">M. Philip Romney
&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >(Principal Accounting Officer)</TD></TR>
<TR>
    <TD  align="left">&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >&nbsp;<BR></TD></TR>

<TR>
    <TD  style="border-bottom: 1px solid #000000" align="left">/s/ Peter Y. Chung
&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >Director</TD></TR>
<TR>
    <TD  align="left">Peter Y. Chung</TD>
    <TD >&nbsp;</TD>
    <TD >&nbsp;</TD></TR>

<TR>
    <TD  align="left">&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >&nbsp;<BR></TD></TR>
<TR>
    <TD  style="border-bottom: 1px solid #000000" align="left">/s/ Joseph A. Edwards
&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >Director</TD></TR>
<TR>
    <TD  align="left">Joseph A. Edwards</TD>
    <TD >&nbsp;</TD>
    <TD >&nbsp;</TD></TR>
<TR>
    <TD  align="left">&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >&nbsp;<BR></TD></TR>
<TR>
    <TD  style="border-bottom: 1px solid #000000" align="left">/s/ William M. Feldman
&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >Director</TD></TR>
<TR>
    <TD  align="left">William M. Feldman</TD>
    <TD >&nbsp;</TD>
    <TD >&nbsp;</TD></TR>

<TR>
    <TD  align="left">&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >&nbsp;<BR></TD></TR>
<TR>
    <TD  style="border-bottom: 1px solid #000000" align="left">/s/ Mural R. Josephson
&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >Director</TD></TR>

<TR>
    <TD  align="left">Mural R. Josephson</TD>
    <TD >&nbsp;</TD>
    <TD >&nbsp;</TD></TR>

<TR>
    <TD  align="left">&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >&nbsp;<BR></TD></TR>
<TR>
    <TD  style="border-bottom: 1px solid #000000" align="left">/s/ George M. Morvis
&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >Director</TD></TR>
<TR>
    <TD  align="left">George M. Morvis</TD>
    <TD >&nbsp;</TD>
    <TD >&nbsp;</TD></TR>
<TR>
    <TD  align="left">&nbsp;</TD>
    <TD >&nbsp;</TD>
    <TD >&nbsp;<BR></TD></TR>

</TABLE>

<P align="center" style="font-size: 10pt">-&nbsp;4&nbsp;-




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<H5 align="left" style="page-break-before:always">&nbsp;</H5>


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<H1 ALIGN=CENTER ><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT INDEX </FONT></H1>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR style="font-size: 8pt" valign="bottom">
    <TD width="10%" nowrap align="center"><B>Exhibit</B></TD>
    <TD width="5%" >&nbsp;</TD>
    <TD width="80%" nowrap align="center">&nbsp;</TD>
    <TD width="5%" >&nbsp;</TD></TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Number</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
    <TD>&nbsp;</TD></TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD VALIGN="Top" ALIGN="Center"><DIV style="margin-left:0px; text-indent:-0px">4.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated Certificate of Incorporation of SeaBright Insurance Holdings, Inc.
                           (incorporated by reference to the Company&#146;s Form S-8 Registration Statement (File No.
                           333-123319), filed March 15, 2005).</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD VALIGN="Top" ALIGN="Center"><DIV style="margin-left:0px; text-indent:-0px">4.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated By-laws of SeaBright Insurance Holdings, Inc. (incorporated by
                           reference to the Company&#146;s Form S-8 Registration Statement (File No. 333-123319), filed
                           March 15, 2005).</TD>
<TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top" ALIGN="Center"><DIV style="margin-left:0px; text-indent:-0px">4.3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of certificate representing shares of common stock, $0.01 par value per share
(incorporated by reference to the Company&#146;s Registration Statement on Form S-1, as amended (File No. 333-119111), filed November 22, 2004).</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top" ALIGN="Center"><DIV style="margin-left:0px; text-indent:-0px">4.4</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated 2005 Long-Term Equity Incentive Plan (incorporated by reference to the Company&#146;s
                           Current Report on Form 8-K filed on April 3, 2007).</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top" ALIGN="Center"><DIV style="margin-left:0px; text-indent:-0px">5.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Kirkland &amp; Ellis LLP with respect to the legality of the Common Stock being
                           registered hereby (filed herewith).</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top" ALIGN="Center"><DIV style="margin-left:0px; text-indent:-0px">23.1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of KPMG LLP (filed herewith).</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top" ALIGN="Center"><DIV style="margin-left:0px; text-indent:-0px">23.2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Kirkland &amp; Ellis LLP (included in Exhibit 5.1).</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top" ALIGN="Center"><DIV style="margin-left:0px; text-indent:-0px">24</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (set forth on the signature page of this Registration Statement).</TD>
    <TD>&nbsp;</TD></TR>
<!-- End Table Body -->
</TABLE></DIV>


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{"company-data": {"conformed-name": "SEABRIGHT INSURANCE HOLDINGS INC", "cik": "0001267201", "assigned-sic": "6331", "irs-number": "000000000"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-142338", "film-number": "07785444"}, "business-address": {"street1": "2101 4TH AVENUE", "street2": "SUITE 1600", "city": "SEATTLE", "state": "WA", "zip": "98121", "phone": "2067708300"}}
SeaBright Insurance Holdings, Inc. Form S-8
As
filed with the Securities and Exchange Commission on April 24, 2007
Registration No. 333-____
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
SeaBright Insurance Holdings, Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization)
56-2393241
(IRS Employer Identification No.)
2101 4th Avenue, Suite 1600
Seattle, Washington
(Address of Principal Executive Offices)
98121
(Zip Code)
SeaBright Insurance Holdings, Inc. Amended and Restated 2005
Long-Term Equity Incentive Plan
(Full title of the plan)
John G. Pasqualetto
Chairman, President and Chief Executive Officer
SeaBright Insurance Holdings, Inc.
2101 4th Avenue, Suite 1600
Seattle, Washington 98121
(206) 269-8500
(Name and address, including zip code, and telephone number, including area code, of agent for services)
Copy to:
James S. Rowe, Esq.
Kirkland & Ellis LLP
200 East Randolph Drive
Chicago, Illinois 60601
(312) 861-2000
CALCULATION OF REGISTRATION FEE
Title of Securities to be registered
Amount to be registered (1)
Proposed maximum offering price per share (2)
Proposed maximum aggregate offering price (2)
Amount of Registration Fee
Common Stock, $0.01 par value per share
411,068 shares (3)
$18.62
$7,654,086.16
$234.98
(1)
Pursuant to Rule 416 under the Securities Act of 1933, as amended (the "Securities Act"), this
 registration statement on Form S-8 (this "Registration Statement") shall also cover any additional shares of
 Common Stock which become issuable under the above-named plan by reason of any stock dividend, stock split,
 recapitalization or other similar transaction effected without the receipt of consideration which results in an
 increase in the number of outstanding shares of Common Stock.
(2)
Estimated pursuant to Rules 457(c) and (h) under the Securities Act solely for purposes of calculating
 the amount of the registration fee, based upon the average of the high and low prices of the registrant's Common
 Stock reported on the Nasdaq Global Select Market on April 17, 2007.
(3)
Represents additional shares authorized as of January 1, 2007 under the evergreen provision of
 the SeaBright Insurance Holdings, Inc. Amended and Restated 2005 Long-Term Equity Incentive Plan (the "Plan").
EXPLANATORY NOTE
Pursuant to General Instruction E
to Form S-8 under the Securities Act, this
Registration Statement is filed by SeaBright Insurance Holdings, Inc. (the "Company") for the purpose of registering additional
shares of common stock, par value $0.01 per share, of the Company (the "Common Stock") under the Plan.  The number of shares of
Common Stock available for issuance under the Plan is subject to an automatic annual increase on the first day of each of the
Company's fiscal years beginning in 2006 and ending in 2015 equal to the lesser of: (i) two percent (2%) of the shares of Common
Stock outstanding on the last day of the immediately preceding fiscal year or (ii) such lesser number of shares of Common Stock as
determined by the Compensation Committee (the "Committee") of the Board of Directors of the Company (the "Evergreen Provision").
Accordingly, the number of shares of Common Stock available for issuance under the Plan was increased by 411,068 shares effective
January 1, 2007, and such increase was ratified by the Committee on January 24, 2007.  This Registration Statement registers the
411,068 additional shares of Common Stock available for issuance under the Plan as a result of the Evergreen Provision.
The shares of Common Stock registered pursuant
to this Registration Statement are of the same class of securities as the 1,047,755 shares of Common
Stock registered for issuance under the Plan pursuant to the currently effective Registration Statement
on Form S-8 (Registration No. 333-123319) filed on March 15, 2005 (the "Original Registration
Statement").  In addition, on May 31, 2006, the Company filed an additional Registration Statement on
Form S-8 (Registration No. 333-134613) to register an additional 328,223 shares of Common Stock which
became available for issuance as of January 1, 2006 as a result of the Evergreen Provision.  The
contents of the Original Registration Statement, including any amendments thereto or filings
incorporated therein, are incorporated herein by this reference.  Any items in the Original Registration
Statement not expressly changed hereby shall be as set forth in the Original Registration Statement.
PART II
INFORMATION REQUIRED
IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference.
The
following documents, which have been filed by the Company with the Commission, are
incorporated in this Registration Statement by reference:
(a)
the Company's Annual Report on Form 10-K for the fiscal year ended
                    December 31, 2006, filed on March 16, 2007;
(b)
the Company's Proxy Statement on Schedule 14A, filed on April 17, 2007;
(c)
the Company's Current Reports on Form 8-K filed on March 15, 2007 and April 3, 2007; and
(d)
the description of the Company's Common Stock, par value $0.01 per share,
                    included under the caption "Description of Capital Stock" in the
                    Prospectus forming a part of the Company's Registration Statement on Form
                    S-1, initially filed with the Commission on September 17, 2004 (Registration No.
                    333-119111), including exhibits, and as amended, which description has been
                    incorporated by reference in Item 1 of the Company's Registration Statement
                    on Form 8-A, filed pursuant to Section 12 of the Securities Exchange Act of
                    1934, as amended (the "Exchange Act"), on January 21, 2005
                    (Registration No. 000-51124).
All
documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and
15(d) of the Exchange Act, prior to the filing of a post-effective amendment which
indicates that all securities offered hereby have been sold or which deregisters all
securities then remaining unsold, shall be deemed to be incorporated by reference herein
and to be part hereof from the date of the filing of such documents.
Any
statement contained in a document incorporated or deemed to be incorporated by reference
herein shall be deemed to be modified or superseded for purposes of this Registration
Statement to the extent that a statement contained herein or in any other subsequently
filed document which also is or is deemed to be incorporated by reference herein modifies
or supersedes such statement. Any statement so modified or superseded shall not be deemed,
except as so modified or superseded, to constitute a part of this Registration Statement.
Item 8. Exhibits.
See
the accompanying Exhibit Index for a list of Exhibits to this Registration Statement,
which is incorporated by reference herein.
Item 9.
Undertakings.
(a)
The undersigned registrant hereby undertakes:
(1)
to file, during any period in which offers or sales are being made, a
               post-effective amendment to this Registration Statement:
(i)
to include any prospectus required by Section 10(a)(3) of the Securities
               Act;
(ii)
to reflect in the prospectus any facts or events arising after the effective
               date of this Registration Statement (or most recent post-effective amendment
               thereof) which, individually or in the aggregate, represent a fundamental change
               in the information set forth in this Registration Statement. Notwithstanding the
               foregoing, any increase or decrease in the volume of securities offered (if the
               total dollar value of securities offered would not exceed that which was
               registered) and any deviation from the low or high end of the estimated maximum
               offering range
- 2 -
may be reflected in the form of prospectus filed with the
               Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume
               and price represent no more than a 20% change in the maximum aggregate offering
               price set forth in the "Calculation of Registration Fee" table in the
               effective registration statement; and
(iii)
to include any material information with respect to the plan of distribution not
               previously disclosed in this Registration Statement or any material change to
               such information in this Registration Statement;
provided, however
, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the
information required to be included in a post-effective amendment by those paragraphs is
contained in reports filed with or furnished to the Commission by the Company pursuant to
section 13 or section 15(d) of the Exchange Act that are incorporated by reference in this
Registration Statement;
(2)
that, for the purpose of determining any liability under the Securities Act,
                    each such post-effective amendment shall be deemed to be a new registration
                    statement relating to the securities offered therein, and the offering of such
                    securities at that time shall be deemed to be the initial bona fide offering
                    thereof; and
(3)
to remove from registration by means of a post-effective amendment any of the
                    securities being registered which remain unsold at the termination of the
                    offering.
(b)
The undersigned registrant hereby undertakes that, for purposes of determining
                    any liability under the Securities Act, each filing of the Company's annual
                    report pursuant to Section 13(a) or Section 15(d) of the Exchange Act
                    (and, where applicable, each filing of an employee benefit plan's annual
                    report pursuant to Section 15(d) of the Exchange Act) that is incorporated
                    by reference in this Registration Statement shall be deemed to be a new
                    registration statement relating to the securities offered herein, and the
                    offering of such securities at that time shall be deemed to be the initial bona
                    fide offering thereof.
(c)
Insofar as indemnification for liabilities arising under the Securities Act may
                    be permitted to directors, officers and controlling persons of the registrant
                    pursuant to the foregoing provisions, or otherwise, the registrant has been
                    advised that in the opinion of the Commission such indemnification is against
                    public policy as expressed in the Securities Act and is, therefore,
                    unenforceable. In the event that a claim for indemnification against such
                    liabilities (other than the payment by the registrant of expenses incurred or
                    paid by a director, officer or controlling person of the registrant in the
                    successful defense of any action, suit or proceeding) is asserted by such
                    director, officer or controlling person in connection with the securities being
                    registered, the registrant will, unless in the opinion of its counsel the matter
                    has been settled by controlling precedent, submit to a court of appropriate
                    jurisdiction the question whether such indemnification by it is against public
                    policy as expressed in the Securities Act and will be governed by the final
                    adjudication of such issue.
- 3 -
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, as amended, the registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing
on Form S-8 and has duly caused this Registration Statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of Seattle, State of
Washington, on April 24, 2007.
SEABRIGHT INSURANCE HOLDINGS, INC.
By:
/s/  John G. Pasqualetto
Name:
John G. Pasqualetto
Title:
Chairman, President and Chief Executive Officer
POWER OF ATTORNEY
KNOW
ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and
appoints John G. Pasqualetto, Joseph S. De Vita and D. Drue Wax, and each or
either of them, his or her true and lawful attorney-in-fact and agent, with full power of
substitution and resubstitution, for him or her and in his or her name, place and stead,
in any and all capacities, to sign any or all amendments (including post-effective
amendments) to this Registration Statement under the Securities Act of 1933, as amended,
and to file the same, with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, granting unto said
attorney-in-fact and agent, full power and authority to do and perform each and every act
and thing requisite and necessary to be done in and about the premises, as fully to all
intents and purposes as he or she might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent, or his or her substitute or
substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant
to the requirements of the Securities Act of 1933, as amended, this Registration Statement
has been signed by the following persons in the capacities indicated on April 24, 2007.
/s/  John G. Pasqualetto
Chairman of the Board of Directors,
John G. Pasqualetto
President and Chief Executive Officer
(Principal Executive Officer)
/s/ Joseph S. De Vita
Senior Vice President, Chief Financial Officer and
Joseph S. De Vita
Assistant Secretary
(Principal Financial Officer)
/s/ M. Philip Romney
Vice President-Finance, Principal Accounting Officer
and Assistant Secretary
M. Philip Romney
(Principal Accounting Officer)
/s/ Peter Y. Chung
Director
Peter Y. Chung
/s/ Joseph A. Edwards
Director
Joseph A. Edwards
/s/ William M. Feldman
Director
William M. Feldman
/s/ Mural R. Josephson
Director
Mural R. Josephson
/s/ George M. Morvis
Director
George M. Morvis
- 4 -
EXHIBIT INDEX
Exhibit
Number
Description
4.1
Amended and Restated Certificate of Incorporation of SeaBright Insurance Holdings, Inc.
                           (incorporated by reference to the Company's Form S-8 Registration Statement (File No.
                           333-123319), filed March 15, 2005).
4.2
Amended and Restated By-laws of SeaBright Insurance Holdings, Inc. (incorporated by
                           reference to the Company's Form S-8 Registration Statement (File No. 333-123319), filed
                           March 15, 2005).
4.3
Form of certificate representing shares of common stock, $0.01 par value per share
(incorporated by reference to the Company's Registration Statement on Form S-1, as amended (File No. 333-119111), filed November 22, 2004).
4.4
Amended and Restated 2005 Long-Term Equity Incentive Plan (incorporated by reference to the Company's
                           Current Report on Form 8-K filed on April 3, 2007).
5.1
Opinion of Kirkland & Ellis LLP with respect to the legality of the Common Stock being
                           registered hereby (filed herewith).
23.1
Consent of KPMG LLP (filed herewith).
23.2
Consent of Kirkland & Ellis LLP (included in Exhibit 5.1).
24
Power of Attorney (set forth on the signature page of this Registration Statement).