KANSAS CITY, Mo.--(BUSINESS WIRE)--March 30, 2005--Patrick O'Brien has been named Business Leader for GE Insurance Solutions' U.S. Accident & Health business unit, responsible for the company's U.S.-based Long Term Care, Group Long Term Disability, Managed Behavioral Health, Critical Illness, and Personal Accident products.
Patrick will play a key role in helping the U.S. Accident & Health business segment deliver on the company's goal of providing unsurpassed customer service.
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BEVERLY HILLS, Calif.--(BUSINESS WIRE)--March 30, 2005--GE Commercial Finance Corporate Lending announced that it has named Stephen M. Flynn senior vice president of origination for the West Region. Based in Beverly Hills, Mr. Flynn will be responsible for originating lending opportunities among large corporate customers throughout the region, which comprises Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Utah and Washington. He will report to Michael A. Scott, senior vice president and team leader, West Region, Corporate Lending.
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NORWALK, Conn.--(BUSINESS WIRE)--March 23, 2005--GE Commercial Finance Business Credit today announced that it has named Stephen R. Philpott as senior vice president of origination. Based in Atlanta, Mr. Philpott will be responsible for originating transactions of up to $30 million throughout Alabama, Kentucky, Mississippi, Tennessee, West Virginia and parts of Georgia.
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LAKEWOOD, Colo.--(BUSINESS WIRE)--March 22, 2005--Driven by 32 percent growth in service contract volume and strong underwriting results, GE Auto Warranty Services (AWS) delivered record results for 2004. Continued growth in existing accounts, significant new account growth attracted to our industry leading technology, service and participation programs, and the addition of three new strategic partners produced solid growth for the company in 2004, says Jim Slavik, president, GE AWS.
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NORWALK, Conn.--(BUSINESS WIRE)--March 22, 2005--GE Commercial Finance Corporate Lending announced that it served as administrative agent and co-lead arranger of a $125 million revolving credit facility for Averatec, Inc. GE Commercial Finance will hold $45 million of the credit facility, with the remainder syndicated. The facility closed on February 14.
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NORWALK, Conn.--(BUSINESS WIRE)--March 22, 2005--GE Commercial Finance Global Media & Communications announced today that it has provided a $27 million senior credit facility for HCPro, Inc., a leading publisher and information services provider to the health care industry. GE Commercial Finance was the sole lender and administrative agent for the facility, which closed on March 4. The proceeds were utilized to refinance existing debt with additional capacity to fund acquisitions and working capital needs.
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KANSAS CITY, Mo.--(BUSINESS WIRE)--March 22, 2005--GE Insurance Solutions recently announced the launch of an Innkeepers Program with its newest program partner, NAIS, Inc.
We are pleased to partner with GE Insurance Solutions for our innkeepers program," said Scott Wolf, President, NAIS, Inc., (formerly James Wolf Insurance). "The analytics and expertise the team brings to our program is outstanding and helps us in providing the highest levels of service to our customers."