GE Insurance Solutions
One of the things that makes program administrators stand out is that their customers---the buyers of the insurance products and services being offered--have very specific needs. A financial planner's insurance needs differ from those of the tow truck operator or the security guard. Program administrators, because they concentrate on these niche markets, must become expert on their clients' exposures, must be aware of the risk management and loss control measures that need to be applied and, most important, know the markets that represent long-term stability.

Margaret Zechlin, program business segment leader at GE Commercial Insurance, puts it this way: "As program managers, our customers count on us to provide long-term financial security and consistent performance in executing a successful program strategy. At GE Insurance Solutions, we understand what it takes to be successful in program business and we're dedicated to forging strong relationships built on a foundation of unsurpassed customer service."

Here are some of the "proof points" that Zechlin says demonstrate GE's commitments.

"Our staff averages 17 years of underwriting experience. We employ Six Sigma methodologies to improve business processes. We use cutting-edge technologies in the delivery of our services. And we work in a collaborative fashion with our customers. We're dedicated to program business and we back it with a $30 billion rock-solid investment portfolio and $6.9 billion of statutory surplus. We are well positioned for the long term and are constantly working to provide program administrators and their customers with the financial security and stability they can depend upon."

GE Insurance Solutions' coverages are provided through Westport Insurance Corporation (A.M. Best Rating: A9) and First Specialty Insurance Corporation (A.M. Best Rating: A15). "We focus on commercial insurance solutions for niche customer groups," says Lois Massa, GE Commercial Insurance sales executive. "We are interested in new business opportunities and are seeking to build relationships with managing general underwriters demonstrating years of expertise in the segments they serve. At GE Insurance Solutions, we believe that highly collaborative relationships are key to mutual success. We demonstrate this by sharing data and analytics, offering dedicated resources with technical expertise to help our customers improve their performance, using sliding scale commissions to share in the underwriting results, creating opportunities for open dialogue with our customers. We've also formed an MGU Advisory Council to encourage ongoing communication," says Massa.

GE Insurance Solutions is "excited" to offer its program administrators Jupiter, a new application that is automating rating, quoting, issuing and policy administration, according to Zechlin. "We recognize that prompt, efficient and effective claims handling is the key to a successful, long-term, profitable program," she says.

For more information on GE Insurance Solutions' program business, please contact Sales Executives Lois Massa at (401) 245-6587 or Bob Clay at (203) 966-2103. *

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