Welfare broker

BENNIE INSURANCE, LLC

Mailing address (most recent filing)

700 CANAL STREET, SUITE 1

STAMFORD, CT 06902

Total comp: $10.0M
Commissions: $7.2M
Fees: $2.8M
Filings: 165
Sponsors: 165

Carrier mix

Where BENNIE INSURANCE, LLC places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

BLUE CROSS OF CALIFORNIA30.9%
CIGNA HEALTH AND LIFE INSURANCE COMPANY20.2%
UNITEDHEALTHCARE INSURANCE COMPANY18.1%
PRINCIPAL LIFE INSURANCE COMPANY11.7%
ANTHEM LIFE INSURANCE COMPANY4.3%
AETNA LIFE INSURANCE COMPANY4.3%
UNITED OF OMAHA LIFE INSURANCE COMPANY3.2%
CALIFORNIA PHYSICIANS SERVICE3.2%
Other (2)4.3%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
BLUE CROSS OF CALIFORNIA	29	$67.1M	30.9%
CIGNA HEALTH AND LIFE INSURANCE COMPANY	19	$46.2M	20.2%
UNITEDHEALTHCARE INSURANCE COMPANY	17	$29.0M	18.1%
PRINCIPAL LIFE INSURANCE COMPANY	11	$2.2M	11.7%
ANTHEM LIFE INSURANCE COMPANY	4	$9.8M	4.3%
AETNA LIFE INSURANCE COMPANY	4	$6.2M	4.3%
UNITED OF OMAHA LIFE INSURANCE COMPANY	3	$950K	3.2%
CALIFORNIA PHYSICIANS SERVICE	3	$25.9M	3.2%
UNUM LIFE INSURANCE COMPANY OF AMERICA	2	$372K	2.1%
SUN LIFE ASSURANCE COMPANY OF CANADA	2	$561K	2.1%

Top states · with penetration index

Plan count by state. Index > 1.0means over-indexed vs the broker's national share.

State	Plans	Premium	State share	Index
CA	21	$62.3M	0.2%	2.58x
NY	18	$44.8M	0.3%	3.43x
TX	14	$14.9M	0.2%	2.25x
FL	8	$8.5M	0.2%	1.95x
MA	6	$12.7M	0.2%	2.67x
IL	5	$4.8M	0.1%	1.37x
CO	5	$4.8M	0.4%	3.91x
VA	4	$2.5M	0.2%	1.76x
OR	3	$2.7M	0.3%	3.02x
NV	3	$14.7M	0.6%	6.52x

Top industries by premium

NAICS-2 sectors where this broker places the most welfare premium.

Sponsor-size mix

Plan count by total participants. Reveals whether this broker is a mid-market player or jumbo-employer specialist.

Broker compensation as % of premium

Distribution of BENNIE INSURANCE, LLC's plans by broker comp / premium ratio. Median 7.05% vs welfare-wide median 6.29% (n=104).

Prospect-flag exposure · vs market baseline

Share of BENNIE INSURANCE, LLC's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

101-104 of 104 sponsors where BENNIE INSURANCE, LLC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
JOSHUA INC JOSHUA INC WELFARE AND BENEFIT PLAN	CO	$84K	$7K	LIFE INSURANCE COMPANY OF NORTH AMERICA
BECI CORPORATE BUILDING ENGINEERING CONSULTANTS, INC. LIFE AND DISABILITY PLAN	FL	$34K	$5K	COLONIAL LIFE & ACCIDENT INSURANCE COMPANY
HOME PARTNERS OF AMERICA HOME PARTNERS OF AMERICA EYEMED PLAN	IL	$16K	$2K	EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO.
HOME PARTNERS OF AMERICA HOME PARTNERS OF AMERICA BCBS PLAN	IL	$2.0M	$2	BLUECROSS BLUESHIELD OF ILLINOIS

Carrier

Plans

Premium

BLUE CROSS OF CALIFORNIA

$67.1M

30.9%

CIGNA HEALTH AND LIFE INSURANCE COMPANY

$46.2M

20.2%

UNITEDHEALTHCARE INSURANCE COMPANY

$29.0M

18.1%

PRINCIPAL LIFE INSURANCE COMPANY

$2.2M

11.7%

ANTHEM LIFE INSURANCE COMPANY

$9.8M

4.3%

AETNA LIFE INSURANCE COMPANY

$6.2M

4.3%

UNITED OF OMAHA LIFE INSURANCE COMPANY

$950K

3.2%

CALIFORNIA PHYSICIANS SERVICE

$25.9M

3.2%

UNUM LIFE INSURANCE COMPANY OF AMERICA

$372K

2.1%

SUN LIFE ASSURANCE COMPANY OF CANADA

$561K

2.1%

State

Plans

Premium

State share

Index

$62.3M

0.2%

2.58x

$44.8M

0.3%

3.43x

$14.9M

0.2%

2.25x

$8.5M

0.2%

1.95x

$12.7M

0.2%

2.67x

$4.8M

0.1%

1.37x

$4.8M

0.4%

3.91x

$2.5M

0.2%

1.76x

$2.7M

0.3%

3.02x

$14.7M

0.6%

6.52x

Sponsor

Loc

Premium

Comp

Carrier

JOSHUA INC

JOSHUA INC WELFARE AND BENEFIT PLAN

$84K

$7K

LIFE INSURANCE COMPANY OF NORTH AMERICA

BECI CORPORATE

BUILDING ENGINEERING CONSULTANTS, INC. LIFE AND DISABILITY PLAN

$34K

$5K

COLONIAL LIFE & ACCIDENT INSURANCE COMPANY

HOME PARTNERS OF AMERICA

HOME PARTNERS OF AMERICA EYEMED PLAN

$16K

$2K

EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO.

HOME PARTNERS OF AMERICA

HOME PARTNERS OF AMERICA BCBS PLAN

$2.0M

BLUECROSS BLUESHIELD OF ILLINOIS