[February 25, 2013]

Van Gilder Insurance Corp. Announces Resignation of Former CEO Michael Van Gilder

Van Gilder Insurance Corporation, a privately held insurance brokerage firm serving clients for more than 100 years, today announced that its board of directors has accepted former Chief Executive Officer Michael Van Gilder's resignation from the company.

"Although Michael's personal legal challenges are unrelated to Van Gilder Insurance Corp., the board has agreed it is in the company's best interest to accept Michael's resignation," said Don Woods, president of Van Gilder Insurance Corp. "We see significant promise in 2013, following a year of growth and expansion for the company. Since 1905, Van Gilder Insurance has remained independent and committed to our clients and employees. We look forward to building on that commitment, growing as an indepenent company and remaining focused on delivering exceptional client service and employee support."

"Van Gilder Insurance Corp. continues under a strong, stable leadership team including the company's President Don Woods and Chief Financial Officer, Ed Harrington," said Dell (News - Alert) Van Gilder, Jr., chairman of the company's board of directors. "Our top priority continues to be serving our clients with integrity and best-in-class risk management solutions, as we have for nearly 110 years."

Michael Van Gilder had been on an indefinite leave of absence from the company while addressing personal legal issues. He had also stepped down from his roles as the CEO and a member of the board of directors in late 2012.

About Van Gilder Insurance Corp.

Founded in 1905, Van Gilder Insurance Corp. is a privately held insurance brokerage firm serving clients in the Rocky Mountain region and across the U.S. for more than 100 years. The company offers business insurance, employee benefits programs, risk management services and personal insurance products for individuals. Van Gilder has more than 130 employees and is headquartered in lower downtown Denver. For more information on the company, visit www.vgic.com.

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