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Bexil Corporation · New York, NY United States ·(Pink Sheets: BXLC)

Company Description

11 Hanover Sq.
New York, NY
10005
United States (Map)
Phone: 212-785-0400
Fax: 212-363-1101
    View Bexil Corporation Locations On A US MapThis link will open in a new window
    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 TypePublic - Pink Sheets: BXLC

    Single Location
    Fiscal Year-EndDecember
    2007 Sales (mil.)$0.0
    Employees1

    Bexil Corporation Executives

    5 executives listed for Bexil Corporation's New York, NY location.
    TitleName & BioContact
    ChairmanBassett WinmillNetwork
    Vice ChairmanRobert AndersonNetwork
    President, CEO, General Counsel, and DirectorThomas WinmillNetwork

    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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