Bexil Corporation · New York, NY United States ·(Pink Sheets: BXLC)
Company Description
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Bexil Corporation is on a quest to seek out new business ventures. The shell corporation has left the insurance business behind and is hoping to acquire another promising business. The holding company's primary operation had been a 50% stake in York Insurance Services Group, which provided independent adjustment and third-party administration services to insurance companies and self-insured groups. In 2006, however, Bexil sold its stake in York to Odyssey Investment Partners and began seeking other opportunities for investment. To read the full description, subscribe now.
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Key Bexil Corporation Financials
| Company Type | Public - Pink Sheets: BXLC Single Location |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $0.0 |
| Employees | 1 |
Bexil Corporation Executives
5 executives listed for Bexil Corporation's New York, NY location.
| Title | Name & Bio | Contact |
| Chairman | Bassett Winmill | Network |
| Vice Chairman | Robert Anderson | Network |
| President, CEO, General Counsel, and Director | Thomas Winmill | Network |
Competition
Competitive Landscape for Bexil Corporation
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Bexil Corporation Competitors
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