Ritchie Bros. Launches New Financing, Warranty and Insurance Services

On-site Property & Cargo Insurance - launched in the U.S., Canada, Europe & Australia on July 1; launching in remaining global operations in 2012
Ritchie Bros. customers are now able to purchase optional on-site property and cargo insurance for equipment purchased or sold at Ritchie Bros. auctions in the U.S., Canada, Europe and Australia. On-site property insurance will protect a customer's equipment while it is on a Ritchie Bros. auction site; cargo insurance will protect a customer's equipment while it is in transit to or from a Ritchie Bros. auction site. Both of these insurance products are brokered by Marsh, one of the world's leading insurance brokers and risk advisors.

For more information on equipment financing, powertrain service warranties and/or on-site property and cargo insurance visit: http://www.rbauction.com/services

About Ritchie Bros.
Established in 1958, Ritchie Bros. Auctioneers is the world's largest industrial auctioneer, selling more equipment to on-site and online bidders than any other company in the world. Ritchie Bros. offers services that enable the world's builders to easily and confidently exchange equipment. The company conducts hundreds of unreserved public auctions each year, selling a broad range of used and unused equipment, trucks and other assets utilized in the construction, transportation, agricultural, material handling, mining, forestry, petroleum and marine industries. Ritchie Bros. has over 110 locations in more than 25 countries, including 43 auction sites worldwide. The company maintains a web site at www.rbauction.com and sponsors an equipment wiki at www.RitchieWiki.com.