Electric Insurance Company(R) Claims Vice President Wins Women In Insurance Leadership Award

BEVERLY, MA--(Marketwire - July 20, 2009) - Electric Insurance Company, a national, leading provider of personal and commercial lines insurance, announced today that Maureen Hegarty, vice president of claim operations, has earned an esteemed 2009 Women In Insurance Leadership Award from Insurance Networking News (INN) magazine. This award seeks to honor female insurance executives who have made a significant impact on their businesses.

Since its inception four years ago, INN's presentation of the most influential women in insurance has profiled the extraordinary accomplishments of 22 individuals -- whose pursuit of leadership and professional performance has fostered influence that is redefining the insurance business and technology industry landscape. Judging for the 2009 program included a rating methodology based on the candidate's contribution to the institution's top and bottom lines, job complexity, corporate governance and ethics, and leadership and management skills.

Hegarty has been with Electric Insurance since April of 1989. At Electric Insurance, Hegarty is responsible for all facets of its countrywide personal lines home, auto, and excess liability claims operations in addition to the First Notice of Loss reporting for both Personal Lines and the GE Appliance Claims Program that the Company manages. The award recognizes Maureen for her role in developing an award-winning claims department, successfully developing and executing the claims operations Catastrophe Plan, and driving positive change throughout the organization through data-driven decision making, expense control and relationship building.

Other 2009 winners included senior executives from other well-known and respected insurance companies including The Chubb Corporation, Hartford Life, Markel Corporation, Aon Risk Services and Zurich of North America. The 2009 Winners will be featured in the September/October 2009 issue of INN and will be recognized at INN's Women In Leadership Forum September 13-15, 2009 in Dallas, TX.

"We are pleased that Maureen has received recognition for her role as a leader in the insurance industry," said Marc Meiches, president and CEO of Electric Insurance Company. "Maureen's many leadership qualities are visible throughout our organization, not only from her role as the head of our auto and home insurance claims division, but also from her work that goes beyond her job responsibilities, including her involvement in community service activities, our internal mentoring program, and Women's Network."

About Electric Insurance Company

Electric Insurance Company (www.electricinsurance.com) is a national, leading provider of personal and commercial lines insurance products. Established in 1966 to specifically serve GE employees, Electric Insurance now extends its superior personal lines products and outstanding service to discerning consumers inside and outside of the GE community. Electric Insurance Company -- with credit ratings of "A" from A.M. Best and Standard & Poor's -- offers its auto, homeowners, condo, renters, and umbrella insurance through the web, select independent agents, or by calling 800.227.2757.

Contact Information: Contact: Kathy Cavolina 978.524.5649