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RISK SERVICES, LLC NAMES STEVEN BANKES AS DIRECTOR OF PROGRAM MARKETING

Mr. Bankes brings 15 years of Alternative Risk Transfer sales and marketing experience to Risk Services, LLC.


SARASOTA, May 5, 2008 – Risk Services, LLC today announced that Steven Bankes has been named Director of Program Marketing. Mr. Bankes will oversee the expansion of the Alternative Risk Financing practice including Risk Retention Groups and Captives through independent agents and wholesalers.

“We are extremely excited to welcome Steve to Risk Services. Over the past several years, we’ve enjoyed dramatic growth, particularly in the area of RRGs (Risk Retention Groups). Steve is uniquely qualified to grow these exciting Medical Malpractice, Construction, and Transportation RRGs as well as add a variety of new programs and structures” said Mike Rogers, President of Risk Services, LLC. “We have worked closely with Steve over the years and we are confident our clients will benefit greatly from Steve’s dedication and experience” Mr. Rogers continued.

Mr. Bankes holds the CPCU and ARM designations and is a graduate of Lawrence Technological University in Southfield, Michigan with a degree in Finance/Insurance. Prior to joining Risk Services, Mr. Bankes developed group captive business for Captive Resources, operated CNA’s agency captive program and expanded Liberty Mutual’s rent-a-captive program.

For additional information, contact:
Susan Snedden
Risk Services, LLC
1800 Second Street, Suite 909E
Sarasota, FL 34236-5998
800-226-0793 ext. 153
941-366-1076 fax
mail to: ssnedden@pboa.com
http://www.riskcompanies.com

About Risk Services, LLC

Risk Services, LLC is a leading service provider in the Alternative Insurance Market and is the largest manager of Risk Retention Groups in the USA, having formed more RRGs than any other manager for 4 of the past 5 years. Risk Services’ diversity of competency allows it to provide its clients highly creative, entrepreneurial and comprehensive risk financing solutions. With offices located in the top captive domiciles including Vermont, Bermuda, the District of Columbia, Nevada, South Carolina, Utah and Hawaii, Risk Services offers captive management, complete policyholder services, and reinsurance broking.

Risk Services website is: http://www.riskcompanies.com

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