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                                                                      EXHIBIT 21
 
                    WHITE RIVER CORPORATION AND SUBSIDIARIES
 
                             DIRECTORS AND OFFICERS
 
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                          CCC INFORMATION
WHITE RIVER CORPORATION   SERVICES GROUP INC.                WHITE RIVER PARTNERS
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<S>                       <C>                                <C>
Directors:                Directors:                         Directors:
GORDON S. MACKLIN,        DAVID M. PHILLIPS, CHAIRMAN        BRUCE D. BERGER, CHAIRMAN
 CHAIRMAN                 JOHN J. BYRNE                      Michael E.B. Spicer      
 Former Chairman of       MORGAN W. DAVIS                    ALAN DURNIN              
 Hambrecht & Quist and    THOMAS L. KEMPNER                                           
 former President of      GORDON S. MACKLIN                  Officers:                    
 NASD                     ROBERT T. MARTO                                                 
PATRICK M. BYRNE          MICHAEL R. STANFIELD               BRUCE D. BERGER              
 Chairman, President and                                      President and               
 Chief                    Officers:                           Chief Executive Officer      
 Executive Officer of     DAVID M. PHILLIPS                                                
 Centricut, LLC            Chairman, Chief Executive Officer ALAN DURNIN                   
ANDREW DELANEY             and President                      Vice President and Treasurer  
 Former Chairman of       JOHN BUCKNER                                                      
 American General          President,                                                       
 Corporation               Automotive Services Division                                    
ROBERT T. MARTO           LEONARD L. CIARROCCHI                                            
 Former President and      Executive Vice President--                                      
 Chief                     Chief Financial Officer                                         
 Executive Officer of     J. LAURENCE COSTIN JR.         
 White River               Vice Chairman                 
                          MICHAEL P. DEVEREUX           
Officers:                  Vice President, Controller-- 
GORDON S. MACKLIN         CHIEF ACCOUNTING OFFICER      
 President and             Blain R. Ornburg             
 Chief Executive Officer   President--                  
MICHAEL E.B. SPICER        Outsourcing Division         
 Chief Financial          GITHESH RAMAMURTHY            
 Officer,                  Chief Technology Officer and  
 Treasurer and Corporate   President--Insurance Division 
 Secretary                                               

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                   WHITE RIVER CORPORATION AND SUBSIDIARIES
 
                             CORPORATE INFORMATION
 
                          PRINCIPAL EXECUTIVE OFFICE
 
White River Corporation
Two Gannett Drive, Suite 200
White Plains, NY 10604
(914) 251-0237
 
                         TRANSFER AGENT AND REGISTRAR
                               FOR COMMON STOCK
 
First Chicago Trust Company of New York
P.O. Box 2500
Jersey City, NJ 07303-2500
 
  Stockholders may obtain information about transfer requirements, replacement
dividend checks, duplicate 1099 forms and changes of address by calling the
Transfer Agent's Telephone Response Center at (201) 324-1644. Please be
prepared to provide your tax identification or social security number,
description of securities and address of record. Other inquiries concerning
your stockholder account should be addressed in writing to the Transfer Agent
and Registrar.
 
                                          Independent Auditors
 
                                          Ernst & Young LLP
                                          1111 Summer Street
                                          Stamford, CT 06905
 
                             STOCKHOLDER INQUIRIES
 
  Written stockholder inquiries should be sent to the Corporate Secretary at
White River's principal executive office. Written inquiries from the
investment community should be directed to the Investor Relations Department
at the same address.
 
                            ADDITIONAL INFORMATION
 
  This Annual Report to Stockholders and Form 10-K contains all of the
information filed with the Commission, excluding the exhibits to Form 10-K. A
listing of such exhibits appears on pages 38 and 39 of this Annual Report.
Copies of exhibits will be provided upon request for a nominal charge. Written
or telephone requests should be directed to the Investor Relations Department
at White River's principal executive office.