Unico American Corporation · Woodland Hills, CA United States ·(NASDAQ (GM): UNAM)
Company Description
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This link will open in a new window Unico American helps protect California businesses from a variety of afflictions. Its Crusader Insurance subsidiary provides commercial multi-peril property/casualty insurance, including liability, property, and workers' compensation. Sister company Unifax Insurance services Crusader's policies. Unico American subsidiaries also act as agents for nonaffiliated insurers, provide claims-adjusting services and premium financing, and market individual and group medical, dental, life, and accidental death coverage. All of its policies are marketed by independent insurance agencies and brokers. Former CEO Erwin Cheldin owns a controlling stake in the firm. To read the full description, subscribe now.
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Key Unico American Corporation Financials
| Company Type | Public - NASDAQ (GM): UNAM Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $46.8 |
| 2008 Employees | 105 |
Unico American Corporation Executives
8 executives listed for Unico American Corporation's Woodland Hills, CA location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Cary Cheldin | Network |
| CFO, Treasurer, and Director | Lester Aaron | Network |
| VP, General Counsel, Secretary, and Director | Terry Kinigstein | Network |
Competition
Competitive Landscape for Unico American 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 Unico American Corporation Competitors
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