2008-11-07 17:48:05 -

- Electric Insurance Company Patricia J. Hassett, 978-524-5183 Patricia.Hassett@electricinsurance.com Electric Insurance Company, a national provider of auto, homeowners, condominium, and renters insurance, announced today that it has appointed SAN Corporation dba Novakoff Insurance, a full service personal lines insurance agency, as an independent agent for the marketing of its personal lines insurance products to the greater Phoenix, Arizona market. The

agency was licensed to distribute these products as of September 8, 2008.

"Electric Insurance is pleased that Novakoff has joined our select group of independent agents in Phoenix," said Michael Mucher, Vice President, Sales and Marketing, Electric Insurance. "Their vast experience in insurance provides great value to their clients and makes them a good fit for Electric Insurance's personal lines insurance products."

Founded in 1979, Novakoff Insurance is a family-run and -owned agency. Stephen and Fran Novakoff, along with their two employees, Terry Hallada and Carol Davis have developed Novakoff into a leading independent broker with a strong focus on customer service and claims management, two qualities that Electric Insurance looks for in all its independent agents.

"Novakoff Insurance was looking for a company that would be able to provide a full personal lines solution at a competitive price, while providing outstanding claims management service," said Steve Novakoff, President/Owner, Novakoff Insurance. "Electric Insurance is the company to fulfill those needs for our customers."

About Electric Insurance Company

Electric Insurance Company is a national, leading provider of personal lines insurance products offered at competitive rates and with outstanding customer service. The company has been serving consumers for 42 years, and has credit ratings of "A (Excellent)" from A.M. Best and "A/Strong" from Standard & Poor's. 98% of Electric Insurance Company's policyholders, who responded to the company's 2007 claims satisfaction survey, said they'd renew their policy with Electric Insurance Company based on their claim experience. Electric Insurance's products are available to general consumers, and to GE employees, retirees, and their family and friends through the company's Customer Contact Center at 1-800-342-5342, website www.electricinsurance.com, and through select independent agents.

Addition of Novakoff Insurance Extends Regional Coverage in
Arizona