KANSAS CITY, MO.June 10, 2004--GE's Employers Reinsurance Corporation (GE ERC) dedicated its new global headquarters building in Kansas City, Missouri, today.
Missouri Governor Bob Holden and State Senator Charles Wheeler joined Ron Pressman, Chairman and President of GE ERC in cutting a ribbon at the facility at 9201 State Line Road.
This is a meaningful day, Pressman told the group of assembled employees and guests. It's not just the opening of ERC's global headquarters; it's also the beginning of a new era in which this company is striving to achieve competitive differentiation.
Approximately 350 employees in corporate functions will work in the global headquarters, which also houses ERC's Insurance Leadership Institute. More than 900 employees in sales, account management and underwriting will work at ERC's office just across the state line in Overland Park, Kansas.
Pressman continued: As many of you take a look at this building and consider the work that went into renovation and establishing our operations here, I want you to also consider the re-engineering of this business which has taken place in the last several years.
ERC has completed an extraordinary turnaround, re-building our portfolio, taking on risks we understand and generating adequate return for those risks.
The building at 9201 State Line was built in 1963, with additions completed in 1973 and 1985. The four-story, 155,000-square-foot office building and four-level parking structure is situated on 7.17 acres at the intersection of State Line Road and 92nd Street in Kansas City, Missouri.
ERC purchased the building from Dodson Insurance and commissioned extensive interior renovations. CDFM2 served as architects for the renovation, Lankford & Associates served as engineers and McCown Gordon Construction the general contractor.
Employers Reinsurance Corporation, a GE company (NYSE: GE), is a company that protects people, property and reputations. ERC offers a wide variety of reinsurance and commercial insurance products and services to insurance companies, corporations and professionals. More information on ERC is available at http://www.ercgroup.com/.
For photos and more information, contact: John Novaria, 816-448-7608, [email protected]
Michelle Matthews, 816-448-7704,
[email protected]
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CONTACT: GE ERC
John Novaria, 816-448-7608
[email protected]
or
Michelle Matthews, 816-448-7704
[email protected]
Jeff Wilson
GE Capital Corporate Finance
[email protected]
1-203-749-6340