UIC, Inc. · Upper Saddle River, NJ United States
Company Description
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Want to make sure U've got the right amount of the right type of insurance coverage? U might consider calling UIC. UIC offers a variety of commercial risk management services including insurance policy evaluation, redesign, and negotiation. With clients around the world, it specializes in evaluating property/casualty coverage (including liability, workers' compensation, and automobile) as well as health insurance programs. The company operates independently of any brokerages or insurance providers and operates on a fee-only basis. UIC was founded in 1978. To read the full description, subscribe now.
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Key UIC, Inc. Financials
| Company Type | Private Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.5 |
| Employees | 5 |
UIC, Inc. Executives
1 executives listed for UIC, Inc.'s Upper Saddle River, NJ location.
| Title | Name & Bio | Contact |
| President | Thomas Kovatch | Network |
Competition
Competitive Landscape for UIC, Inc.
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 UIC, Inc. Competitors
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