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UPDATED ON: Wednesday, March 30, 2005

The Economical Insurance Group:

Jorge Arruda, BComm,
Senior Vice President, Operations

From The Globe and Mail

Noel Walpole, President and Chief Executive Officer of The Economical Insurance Group, is pleased to announce the appointment of Jorge Arruda, BComm, to the position of Senior Vice President, Operations.

Jorge has 21 years of experience in the insurance industry. He joined The Group in 1995 and has held management positions of increasing responsibility since that time. He most recently served as Vice President, Claims for The Group, and oversaw the alignment of the claims service for all The Groupís member companies.

The Economical Insurance Group is one of the largest property and casualty insurers in Canada with more than $1.7 billion in premium volume and $3.3 billion in assets. Based in Waterloo, Ontario, this Canadian-owned and operated company services customersí needs through branches and service offices across the country.


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