2008 | Press Release

Feb 28, 2008 – Former Zurich Senior Executive joins Mystic Capital

FOR IMMEDIATE RELEASE
Former Zurich Senior Executive Joins Mystic Capital
New York (Feb. 27, 2008) – Mystic Capital Advisors Group, LLC is thrilled to announce the addition of
insurance industry dynamo Barry J. Gilway to its investment banking group. The former Zurich
executive brings more than 37 years of insurance expertise to his new role as Strategic Consultant for
Mystic Capital’s booming Mergers & Acquisitions practice.
Gilway was most recently Executive Vice President for Zurich North America, where he was responsible
for the Service Divisions within Zurich’s $17 billion North American operation. Previously, he served as
President and CEO for Zurich North America Canada in Toronto, and as President and CEO for Maryland
Casualty Group in Baltimore.
“We have the utmost respect and admiration for Barry Gilway – with his impressive industry credentials
and reputation – and we welcome him wholeheartedly to our team,” says Mystic Capital Managing
Director Kevin Donoghue. “In addition to his vast insurance background, Gilway comes to us with
specific capabilities in strategic planning and acquisitions.”
Indeed, over the past couple of decades, Gilway identified and evaluated strategic acquisitions and
opportunities for Zurich, W.R. Berkley Corp. and Crum & Forster, respectively. The industry veteran is
now eager to leverage these skills in his new position at Mystic Capital.
“As I move on from my corporate executive responsibilities into a new arena, I am excited to focus my
efforts on insurance Mergers & Acquisitions, a discipline that I’ve always been passionate about,” says
Gilway, who earned a B.S. in Industrial Management from Akron University. “And I am particularly
looking forward to being part of the team at Mystic Capital, an industry leader respected by its peers for
its exceptional and trustworthy consulting work.”
Mystic Capital has an impressive track record in the North American insurance industry. The firm
consistently receives top rankings from industry experts. According to SNL Financial, Mystic Capital
had a strong finish in 2007, ranking second amongst advisory firms nationwide based on completed
transactions. The Firm’s services have been well sought-out by numerous insurance firms, including
insurance companies, managing general agents, wholesalers and retail insurance agents.
Mystic Capital Advisors Group, LLC, an emerging firm with years of experience, provides a broad range
of financial consulting services to the insurance and financial services industries. For more information,
visit the company’s Web site at www.mysticcapital.com or call Kevin Donoghue at 212-251-0972.
Contact:
Kevin P. Donoghue, Managing Director
Mystic Capital Advisors Group, LLC
Telephone: 212-251-0972
Facsimile: 212-545-9045
Email: kpd@mysticcapital.com
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