The newly formed commercial wholesale insurance broker Mercator said it is adding staff nationwide and has just named John Cleary and Nick Bozzi as senior vice presidents.
Mercator in New York said it has $20 million in new venture capital and aims to bring more cost transparency to the fee structures of the brokerage industry.
The company said Mr. Cleary will lead its Casualty Construction and Real Estate Practices, and be responsible for building and leading Mercator's Casualty teams that specialize in placements for construction and real estate risks–including contractors, development projects and residential real estate.
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