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UPDATED ON: Monday, March 05, 2001

The Economical Insurance Group:

Sandeep Uppal, HBA, CA, MBA,
Chief Financial Officer

From The Globe and Mail

Noel Walpole, President and CEO of The Economical Insurance Group, is pleased to announce the following appointment.

Sandeep has been appointed to the position of Chief Financial Officer.

He is responsible for managing all aspects of the company's finances including financial operations, statistical reporting, tax planning and corporate planning.

Sandeep has over 15 years' financial experience with insurance companies and accounting firms. He has served on various committees including the Financial Affairs Committee for the Facility Association and the IBC Tax Panel and is a former director of the Canadian Insurance Accounting Association.

The Economical Insurance Group is one of the largest property and casualty insurers in Canada with more than $1 billion in premium volume and over $2.1 billion in assets. Based in Waterloo, Ontario, this Canadian-owned and operated company services customers' needs through branches and service offices across the country.


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