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Unique Outsourcing Company to Provide Personal Lines Insurance Outlet for Trusted Advisors of High-Net Worth Clients
Exceptional Risk Advisors, LLC Chief Executive, Edward Tafaro, details new company's mission

Last Update: 10:15 AM ET Oct 10, 2006

MAHWAH, N.J., Oct 10, 2006 (BUSINESS WIRE) -- Edward Tafaro, the former President of The Hanleigh Companies (BSG) has announced the formation of Exceptional Risk Advisors, LLC--a unique player in the field of Personal Lines insurance. "Exceptional Risk Advisors, LLC was designed with a single focus in mind--to effectively partner with prominent financial advisors, upscale life insurance practitioners, CPA firms and other trusted advisors to provide their affluent clientele with the expertise and resources to effectively manage the complex personal property and liability exposures unique to high net worth individuals."

The Mahwah, New Jersey based company will strive to fill an interesting gap in the insurance marketplace. "Our research and experience has shown that wealthy families and individuals are being underserved in the Personal Lines market. With many clients owning multiple homes, expensive cars, watercraft, fine art and collectibles, jewelry and more, it is not uncommon for extensive coverage gaps to exist, personal liability exposures to be underinsured or costly overlaps to occur as insurance is spread out over multiple carriers," claims Tafaro.

Backed by a network of top-shelf insurance providers accustomed to supporting the diverse needs of wealthy clients, Exceptional Risk Advisors is uniquely positioned to help the companies and individuals that advise this segment of the marketplace in providing a value-added service. "We're partnering with the best advisors to help them better service their clients. Our unique approach provides them with an outsourced partner who can objectively evaluate and create insurance portfolios that will close gaps in coverage, eliminate costly overlaps in coverage, and ensure that the assets and liabilities of their clients are best protected solidifying their financial plan." Core carriers for Exceptional Risk Advisors include AIG's Private Client Group, Chubb and Fireman's Fund.

Rosario Ruffino, CPA, CFP and Managing Partner of RR Advisory Group, LLC a boutique private wealth management firm in Manhattan, NY agrees with Tafaro's strategy. "Much too often the Personal Lines insurance component of a client's overall financial plan is overlooked. The risks of being underinsured are often not realized until it's too late. Until now, our firm lacked the expertise and type of partner required to fulfill this gap in our services. Today, we're not only better positioned to serve our existing affluent clients, we have a different value-added proposition in our hunt for new business."

Exceptional Risk Advisors, LLC is an outsourcing partner to trusted advisors, providing their affluent clientele with the expertise and resources to effectively manage complex personal property and liability exposures. Information on Exceptional Risk Advisors, LLC can be obtained by contacting Edward Tafaro at 866-512-0444, via Web at www.exceptionalriskadvisors.com, or via email at info@exceptionalriskadvisors.com.

SOURCE: Exceptional Risk Advisors, LLC

Exceptional Risk Advisors, LLC Edward Tafaro, 866-512-0444 info@exceptionalriskadvisors.com Copyright Business Wire 2006