EIC Awards $100k to GE Volunteers
Electric Insurance Company Awards GE Volunteers
Organization
$100,000 to Support Vital Community Service Projects
Beverly, MA - February 6, 2006 - Electric Insurance has recently awarded $100,000 in grant money to GE's "GE Volunteers" organization to fund important community service programs across the United States. Grants ranging from $1,000 - $5,000 have been allocated to 24 projects through the 2005 Electric Insurance Grants Program. GE Volunteers is comprised of GE employee and retiree volunteers who strive to make a positive impact on communities throughout the world.
As a strong supporter of GE's commitment to improving communities and lives through volunteerism, leadership, and camaraderie, Electric Insurance has awarded money to fund GE community service projects for the last 8 years. Over 100 grant applications from GE Volunteers chapters were received for the 2005 award year. Each winning project was chosen for its uniqueness, impact on the local community, and overall volunteer participation.
"Through receipt of the grants from Electric Insurance, we have helped provide for projects impacting children, seniors, and entire communities. We are very thankful to Electric Insurance for all they have done over the years in support of GE nationwide!" said Lynn Bring-Smith, GE Volunteer Global President.
Electric Insurance is a premier provider of personal lines insurance products offered at competitive rates with world-class customer service. Originally incorporated in 1966 to serve the needs of GE's employees, Electric Insurance has since expanded its auto, homeowners, and umbrella insurance products to consumers through their independent agent channel and direct-to-consumer website. Electric Insurance is a direct benefit provider of Personal Excess Liability insurance to the GE workforce. The Company manages approximately $160 million in personal lines premium for nearly 125,000 policyholders. Electric Insurance holds solid credit ratings from top industry raters including an "A/Excellent" from A.M. Best and an "A/Strong" from Standard & Poor's.