KANSAS CITY, Mo.--(BUSINESS WIRE)--April 12, 2005--GE Insurance Solutions today announced that Tim Madden has joined the company as leader of its North American brokered reinsurance business. Madden will report to Ken Brandt, business leader of North America and Asia Pacific reinsurance, and will be headquartered in the company's Barrington, IL office.
"Tim brings tremendous experience and a great track record to this important position," said Brandt. "Throughout his career, he has consistently demonstrated excellent leadership, underwriting acumen and an ability to build superb relationships with customers and brokers."
Brandt added: "Tim's knowledge and experience particularly with regional insurance customers makes him an excellent fit with our business strategy."
Madden brings more than 25 years of experience to GE Insurance Solutions. Most recently, he served as managing partner at IAT Reinsurance Group, where played a key role in the startup of the business and was largely responsible for managing the firm's relationships with reinsurance brokers.
Prior to helping found IAT Re, Madden held numerous management, underwriting and marketing positions at companies such as Mutual Reinsurance Bureau, CNA Reinsurance, Kemper Reinsurance and Allstate Reinsurance.
GE Insurance Solutions is a group of companies that protects people, property and reputations. With more than $50 billion in combined assets, GE Insurance Solutions is one of the world's leading providers of commercial insurance, reinsurance and risk management services. More information is available at www.geinsurancesolutions.com.
Contacts
GE Insurance Solutions
John Novaria, 816-448-7608
[email protected]
Jeff Wilson
GE Capital Corporate Finance
[email protected]
1-203-749-6340