Good find InvestorBill1979, just what I thought, people are loading this up slow and steady;
Leeward Group Holdings Inc. (OTC:PCPZ) is a service company and currently engaged in selling property, casualty, life and health insurance products to customers; we create and administer insurance programs and risk management services including reinsurance brokerage. The company operates its business through 5 different locations, of which three are located in New England while the other two are in the Mid-Atlantic.
With licenses in all 50 States, the Company offers Property & Casualty, Life & Health and specialty insurance programs for business, individuals, associations and groups throughout the United States.
Impressive Business Plans
Leeward Group, Inc. has recently made multiple objectives for the next 12-month which is looking very attractive. Following are some of the key objectives set by the company
The company is targeting to become in the list the Top 30% of All Independent Insurance Agencies in the United States. Considering the recent sample made by the Independent Insurance Agents & Brokers of America recently concluded that 68% of the independent insurance agencies sampled have $1.25 Million or less in Commission Income. For the year ended 2009, the Group had over $10 million in premiums and over $1 million in commission income.
Increase in footfall in the Association and Affinity Insurance Business :’- Association/Affinity business is one of the most impressive business segment which enables you to economically market niche products to a homogeneous group. The company expects to continue add new Association clients in order to expand its business portfolio and meet their requirements in an efficient manner.
Moreover, the company is in negotiations with two national associations and several State and regional associations to bring them various insurance products.
Huge Market Opportunity
The US health insurance market has emerged as a new and lucrative growth avenue for both the existing players as well as the new entrants. The total Health insurance premiums recorded at nearly $600 billion in the year 2009.
Leeward Group, Inc. generated about 5% of its total revenue from this segment. Considering the increased demand for this product, the company is expecting to grow this segment by 50% to 100% over the next one year.
Hispanic Market:
The demographics of the Hispanic market are becoming more important and have a strong growth potential. During the late 2009, The Company acquired a niche agency in late that specializes in the Hispanic market and the company is continuously allocating resources to grow this segment via tailored marketing.