ERC Appoints New Leaders in Commercial Insurance and the Global Casualty Underwriting Center of Excellence.Business Editors OVERLAND PARK, Kan.--(BUSINESS WIRE)--Oct. 29, 2001 Employers Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. Corporation (ERC (database) ERC - An extended entity-relationship model. ), a GE company (NYSE NYSE See: New York Stock Exchange :GE), announced today that Robin Sterneck has been appointed President of its Commercial Insurance Healthcare business. Sterneck succeeds Jean Stalcup who has been appointed Senior Vice President and Leader of ERC's Global Casualty Underwriting Center of Excellence. Sterneck will lead a dynamic health care insurance business, which has become a premier provider of risk solutions for health care professionals and hospital systems. Previously, she was ERC's Senior Vice President and Global Marketing Leader. Stalcup will drive the continued growth and development of ERC's casualty underwriting teams, helping facilitate greater coordination across all ERC's businesses. Prior to her appointment, Stalcup was Senior Vice President and Health Care Leader in ERC's Commercial Insurance business. "Robin and Jean bring exceptional leadership to their respective positions," said Ron Pressman, Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ERC. "Robin has excelled while leading our strategic customer program and driving our Six Sigma quality process initiatives, which serves her well in her new role. Jean brings extensive insurance industry experience and knowledge to her new position, including 16 years at ERC, during which time she was instrumental in the success of ERC's health care business." Sterneck joined ERC in 1999. Prior to her tenure at GE, which started in 1996, Robin spent 15 years in investment banking in New York, specifically in Public Finance, where she was heavily involved with health care clients at Shearson Lehman Brothers and Dain Bosworth. Robin earned her BS in Biology from Trinity College and her MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Tulane University. Stalcup's wealth of industry experience overall, and specifically her experience in casualty underwriting, will be an important asset in bringing a common view and resolution to emerging issues throughout ERC. She earned a BA in Psychology and Management at the College of St. Catherine The College of St. Catherine (also known as St. Kate’s) is a private Catholic college for women located in both St. Paul, Minnesota and Minneapolis, Minnesota. Enrollment currently exceeds 5,200 students. in St. Paul, Minnesota. She holds CPCU CPCU Chartered Property Casualty Underwriter CPCU Cardiac Progressive Care Unit CPCU Custody Pending Completion of Use and ARe designations. Employers Reinsurance Corporation, a GE company, is the world's fourth-largest reinsurer re·in·sure tr.v. re·in·sured, re·in·sur·ing, re·in·sures To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company. and a premier global provider of risk solutions. ERC serves clients in property and casualty, life, healthcare and professional liability insurance and reinsurance and other risk management services. ERC has earned the highest ratings in the industry. More information on ERC is available at www.ercgroup.com. |
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