Beverlyy, Mass. - Electric Insurance Co. has named Marc A. Meiches, 53, president and chief executive officer. Meiches succeeds Larry Cohen who has been acting CEO since April 2005.Meiches comes to Electric Insurance from GE Insurance Solutions (GEIS) where he was the executive vice president and CFO. He joined GEIS in 2000 with more than 20 years of financial experience in creating and leading global organizations. GEIS, with more than $10 billion in premium and $50 billion in combined assets, employed 2,500 people in 50 states and 22 countries. The company was recently sold to Swiss Re.
Prior to GEIS, Meiches was EVP, COO and CFO at GE Capital Aviation Services, based in Stamford, Conn. He is a former GE corporate audit staff member and a graduate of the Financial Management Program (FMP). He began his GE career in 1978 after graduating from the University of Nebraska, and was named a GE officer in 2000.
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