Newly Formed Mercator Risk Services Names Executive Appointments

January 17, 2006

Mercator Risk Services, the newly formed, independent wholesale insurance broker has named several senior leadership appointments.

Michael S. Ryan has been named chief operating officer. In this role Ryan 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 Calestini 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, Calestini was a founding officer of American Wholesale Insurance Group (AmWINS) where he served as chief sales and marketing officer

J.C. Sparling has been named executive vice president for Property. In this role Sparling is responsible for the development and management of Mercator’s Property brokerage operations. Mercator’s Property operations are organized nationally to allow the most qualified team to handle each transaction. Prior to joining Mercator, Sparling was a managing director at Marsh Inc. responsible for property operations in the Southeast.

Craig Simon has been named managing director – Casualty. In this role he 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, Simon 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 complimentary skills and diverse experiences.”

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