SOURCE: Mercator Risk Services

January 18, 2006 06:00 ET

Mercator Risk Services Announces Senior Leadership Appointments

NEW YORK, NY -- (MARKET WIRE) -- January 18, 2006 -- Mercator Risk Services, the newly formed independent wholesale insurance broker, today announced several senior leadership appointments:

Michael S. Ryan has been named Chief Operating Officer. In this role, Michael will be responsible for all aspects of the company's operations and assist in the development and execution of its overall business strategy. Prior to joining Mercator, Michael held several senior management roles at BenefitPort, a Connecticut-based wholesale broker for employee benefits.

Gregg Calestini has been named Executive Vice President for Client Relationship Management. In this role, Gregg will be responsible for developing and maintaining relationships with retail brokers and for overseeing service delivery to them as well as the positioning of Mercator's brand image in the marketplace. Prior to joining Mercator, Gregg was a founding officer of American Wholesale Insurance Group (AmWINS), where he served as Chief Sales & Marketing Officer.

J.C. Sparling has been named Executive Vice President for Property. In this role, J.C. is responsible for the development and management of Mercator's Property brokerage operations. Mercator's Property operations are organized nationally to better allow the most qualified team to handle each transaction. Prior to joining Mercator, J.C. was a Managing Director at Marsh Inc., where he was responsible for property operations in the Southeast.

Craig Simon has been named Managing Director - Casualty. In this role, Craig is responsible for the development and management of Casualty brokerage and advisory services for large/complex risks. He is also responsible for Mercator's industry practices serving Private Equity and Life Science/Medical Device risks. Prior to joining Mercator, Craig was a Managing Director at Willis North America, where he was responsible for the National Casualty Marketing Practice. "Our goal is to build an organization staffed with individuals who come from numerous industry backgrounds and bring different experiences to Mercator. We believe that this approach will allow us to build stronger teams and provide better solutions to our customers," said President and CEO Chris Treanor. "This leadership group has insight into retail brokerage, wholesale brokerage and underwriting. It is a strong group that has complementary skills and diverse experiences."

About Mercator Risk Services, Inc.

Mercator (www.mercatorrisk.com) is an independent insurance wholesaler based in New York and currently building operations throughout the United States. Mercator provides wholesale and specialty insurance solutions for mid-to large-sized retail insurance brokers through the implementation of an innovative team-based business model for wholesale insurance placements. The model is built around broker specialization, customer service and transparency and will provide superior solutions by rewarding teamwork and collaboration.

Contact Information

  • Contact Information:
    Christopher M. Treanor
    Mercator Risk Services, Inc.
    Phone: (646) 495-5441