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Press Release

GE Coregis Unveils New Underwriting Structure; New Assignments Will Streamline Underwriting Process

March 05, 2002

CHICAGO--(BUSINESS WIRE)--March 5, 2002--GE ERC Commercial Insurance today announced two additions at Coregis Insurance Company to enhance service to its public entity customers.

Lynn Boyle and Jason Mostofsky have been appointed as Underwriting Leaders, responsible for the East and West regions of the country, respectively.

Boyle will serve as Underwriting Leader for the Eastern Region of the United States. This will include all states East of the Mississippi River excluding Illinois and Wisconsin, but including Arkansas. Boyle was previously Large Accounts Manager for Coregis.

She has held account management and underwriting positions at Reliance and Hartford. She holds an MBA from Kellogg Graduate School of Management and an Undergraduate degree from the University of Notre Dame.

Mostofsky will serve as Underwriting Leader for the Western Region of the United Sates. This will include Illinois and Wisconsin, but exclude Arkansas. Mostofsky has served as Property Facultative Underwriting Leader at GE ERC.

He began his insurance career with Wausau. He holds an MBA from Golden Gate University and a BBA from the University of Wisconsin -- Madison.

Our customers have asked for these changes, said Robert J. Cecconi, vice president of Underwriting at Coregis. Our underwriters will have territorial assignments and handle all lines of Coregis business within that region. This will ultimately mean ease of accessibility and greater efficiency for producers.

Cecconi also announced that effective March 25, Coregis Insurance Company will be headquartered at 525 W. Van Buren, Chicago, IL 60607. The phone number is 800/879-4428.

GE Coregis is a leading underwriter of public entities -- insuring schools, colleges, municipalities and special districts nationwide. It is part of the Commercial Insurance Group of GE ERC.

GE Employers Reinsurance Corporation (GE ERC), a GE company (NYSE:GE), is the world's fourth-largest reinsurer and a premier global provider of risk solutions. GE ERC serves clients in property and casualty, life, healthcare and professional liability insurance and reinsurance and other risk management services. GE ERC has earned the highest ratings in the industry.

More information on GE ERC is available at www.geercgroup.com.

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CONTACT: GE Employers Reinsurance Corporation

Elaina Boudreau, 913/676-6489
[email protected]

Dean Davison, 913/676-5147
[email protected]

Jeff Wilson
GE Capital Corporate Finance
[email protected]
1-203-749-6340


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