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GE INSURANCE SOLUTIONS ANNOUNCES MASONIC PROGRAM SUCCESS AT PROGRAM'S ONE-YEAR ANNIVERSARY
05 March 2006 - AZDEL
| GE Insurance Solutions recently celebrated the one-year anniversary of its Masonic Association insurance program. Since the program's inception, the program has provided broad insurance coverage for more than 4,200 Masonic Associations generating over $10 million in gross written premium, exceeding the company's expectations. |
"The success of this program is due to the fact that it was created by Masons and continues to be managed and underwritten by Masons through the Thompkins & Company," said Margaret Zechlin, Vice President Select Markets, GE Insurance Solutions. "The coverages afforded under this program were specifically designed for these insureds based on Thompkin's five decades of experience."
She added: "Our success over the past year bolsters our belief that we offer the most comprehensive, competitive product available in the market today. Our tailored forms are enhanced by the expert Underwriting of the Thompkin's staff, program specific loss control and our customized claims adjudication process."
Thompkins & Company, an Alameda, Calif.-based, independent agency specializing in Masonic Associations, provides property, inland marine, crime, general liability, automobile and excess liability coverage underwritten by GE Insurance Solutions.
Thompkins' Masonic program was established in 1950, and has been underwritten by GE Insurance Solutions since January 2004. The program is available for Masonic Lodges and related organizations throughout the United States.
"We selected GE Insurance Solutions as our carrier because of the company's expertise and commitment to program insurance," said Jack Fullarton, President of Thompkins & Company. "This is an excellent product that meets our customers' needs; we are pleased with the results of the past year."
GE Insurance Solutions' Property & Casualty Insurance unit continues to build its program business by forging strategic alliances with managing general agents.
"The program business allows us to tap into niche markets with high growth potential," said Robin Sterneck, President, Property & Casualty Insurance unit, GE Insurance Solutions. "Combining the strength and rigorous underwriting of GE Insurance Solutions and the niche expertise of agencies such as Thompkins allow us to deliver value to our customers."
Thompkins & Company is licensed in all states and has producer agreements with one or more agents and brokers in all 50 states. Their combined services include Loss Prevention, Safety Engineering, Risk Management, Rate Analysis and Claims.
http://www.ge.com
About: AZDEL
AZDEL, Inc. is a joint venture of GE Advanced Materials and PPG Industries. The AZDEL business was established in 1972 by PPG, and the 50/50 joint venture was set up with GE in 1986. AZDEL is a global leader in the manufacture and supply of high-performance composite materials serving a wide variety of markets and industries including automotive, transportation interiors, large truck, materials handling, heating, ventilation and air conditioning (HVAC), and building and construction. * AZDEL and VolcaLite are trademarks of AZDEL, Inc., a 50/50 joint venture of General Electric Company and PPG Industries. |
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