SOURCE: Wholesale Trading Co-Op

Wholesale Trading Co-Op

September 22, 2010 18:06 ET

Kris Bauer and Sean Burke Join Wholesale Trading Co-Op

New and Innovative Wholesale Insurance Firm Adds Two More Top Professionals

SAN FRANCISCO, CA--(Marketwire - September 22, 2010) -  Wholesale Trading Co-Op LLC ("WTC") announces that wholesale brokerage industry experts Kris Bauer and Sean Burke have joined the firm as Chief Operating Officer and Director, respectively.

Kris Bauer joins WTC from the San Francisco office of AmWins Group, Inc. where he was an Executive Vice President, specializing in the design, placement and management of complex commercial insurance programs. Bauer will continue to focus on these disciplines as WTC builds out its range of capabilities for retail broker members.

Sean Burke comes to WTC from Colemont Brokerage Group, where he was Senior Vice President, specializing in financial and executive liability risk. Burke previously held positions as Managing Director, Financial Risk at AmWINS Brokerage Group and as Western Zone Manager at American International Group.

John Jennings, WTC's President and CEO commented, "Kris Bauer and Sean Burke are both recognized industry experts in their fields and I am pleased to have them on the WTC founding team. Both Kris and Sean will work closely with our retail broker members and key specialty insurance markets to change the current industry dynamic -- bringing the interests of the buyer, retailer, wholesaler and specialty carrier into direct alignment." Both Bauer and Burke will be based in San Francisco.

WTC is an independently operated and managed wholesale brokerage firm that collaborates directly with its retail insurance broker members to develop comprehensive placement strategies to better serve clients, increase transparency between retail brokers and specialty insurance markets, reduce frictional costs, and develop exclusive programs and binding authority facilities for its retail owner members. Offices are located in San Francisco, New York, New Jersey and Atlanta.

Kris Bauer can be reached at:

Wholesale Trading Co-Op Insurance Services, LLC
123 Mission Street - 26th Floor
San Francisco, CA 94105
Direct: 415-356-4803
Fax: 415-284-9954
kbauer@wholesaletradingins.com

Sean Burke can be reached at:

Wholesale Trading Co-Op Insurance Services, LLC
123 Mission Street - 26th Floor
San Francisco, CA 94105
Direct: 415-356-4802
Fax: 415-284-9954
sburke@wholesaletradingins.com

About Wholesale Trading Co-Op
Wholesale Trading Co-Op Insurance Services LLC ("WTC") is a boutique wholesale brokerage firm that will serve approximately 30 of the largest privately-held retail insurance brokers across the US. The firm is owned jointly by its retail insurance broker members, WTC executives and select financial partners, including Islington Holdings LP. WTC will begin placing business in the early fall of 2010 with 5-7 founding retail insurance broker members. WTC is licensed in all 50 states.

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