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Mercator Risk Services Acquires Assets of Specialty Construction Broker Advocate Insurance Management

Mercator Risk Services, the newly formed independent wholesale insurance broker, today announced the purchase of the assets of Advocate Insurance Management (AIM) -- a specialty construction broker. Richard Girden and Jeffrey Diers, the two principals of AIM, have joined the Mercator team and will lead its Property Construction Practice.

Prior to forming AIM in 2005, Mr. Girden and Mr. Diers served as President and Vice President, respectively, of RLI Construction. They each have over twenty five years of industry experience focused entirely on construction.

"We are very pleased that Rick and Jeff have joined Mercator. They are both recognized industry leaders in construction and they provide us with unique wholesale capabilities in the field," said Chris Treanor, President and CEO of Mercator.

Mercator's Property Construction Practice specializes in builders' risk, contractors' equipment and related inland marine placements.

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 though 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 customers superior solutions by rewarding teamwork and collaboration.

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