CRM Holdings, Ltd. · Hamilton Bermuda ·(NASDAQ (GS): CRMH)
Company Description
View CRM Holdings, Ltd. Locations On A US Map
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This link will open in a new window CRM Holdings offers a wide range of workers' compensation products and services. The firm offers management services to about half a dozen workers' compensation self-insured groups in California and New York. CRM provides each group (made up of employers within a given industry) with comprehensive services, including assistance in forming the groups, underwriting, risk assessment, and case management services. CRM also acts as a broker by placing excess coverage for the groups, and it reinsures part of this coverage through subsidiary Twin Bridges. Additionally, the firm provides traditional workers' compensation insurance in about 10 states through subsidiary Majestic Insurance Company. To read the full description, subscribe now.
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Key CRM Holdings, Ltd. Financials
| Company Type | Public - NASDAQ (GS): CRMH Single Location |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $143.2 |
| 2008 Employees | 218 |
CRM Holdings, Ltd. Executives
12 executives listed for CRM Holdings, Ltd.'s Hamilton, location.
| Title | Name & Bio | Contact |
| Chairman | Keith Hynes | Network |
| Deputy Chairman and CEO | James Scardino | Network |
| COO | Chester Walczyk | Network |
Competition
Competitive Landscape for CRM Holdings, Ltd.
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 CRM Holdings, Ltd. Competitors
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