Welfare broker

INSURANCE ADVOCATES, INC

Mailing address (most recent filing)

PO BOX 367448

SAN JUAN, PR 00936

Total comp: $168K
Commissions: $0
Fees: $168K
Filings: 7
Sponsors: 7

Carrier mix

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

TRIPLE S SALUD, INC.75.0%
MCS LIFE INSURANCE COMPANY25.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
TRIPLE S SALUD, INC.	3	$1.8M	75.0%
MCS LIFE INSURANCE COMPANY	1	$985K	25.0%

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
PR	4	$2.8M	0.8%	223.06x

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 INSURANCE ADVOCATES, INC's plans by broker comp / premium ratio. Median 12.50% vs welfare-wide median 6.29% (n=4).

Prospect-flag exposure · vs market baseline

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

1-4 of 4 sponsors where INSURANCE ADVOCATES, INC is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
INFOSYS BPM LIMITED INFOSYS BPM LIMITED HEALTH PLAN	PR	$1.7M	$84K	TRIPLE S SALUD, INC
COST CONTROL COMPANY, INC COST CONTROL HEALTH PLAN	PR	$985K	$49K	MCS LIFE INSURANCE COMPANY
INFOSYS BPM LIMITED INFOSYS BPM LIMITED SHORT TERM DISABILITY PLAN	PR	$75K	$15K	TRIPLE S VIDA, INC
INFOSYS BPM LIMITED INFOSYS BPM LIFE INSURANCE PLAN	PR	$45K	$9K	TRIPLE S VIDA INC

Carrier

Plans

Premium

TRIPLE S SALUD, INC.

$1.8M

75.0%

MCS LIFE INSURANCE COMPANY

$985K

25.0%

State

Plans

Premium

State share

Index

$2.8M

0.8%

223.06x

Sponsor

Loc

Premium

Comp

Carrier

INFOSYS BPM LIMITED

INFOSYS BPM LIMITED HEALTH PLAN

$1.7M

$84K

TRIPLE S SALUD, INC

COST CONTROL COMPANY, INC

COST CONTROL HEALTH PLAN

$985K

$49K

MCS LIFE INSURANCE COMPANY

INFOSYS BPM LIMITED

INFOSYS BPM LIMITED SHORT TERM DISABILITY PLAN

$75K

$15K

TRIPLE S VIDA, INC

INFOSYS BPM LIMITED

INFOSYS BPM LIFE INSURANCE PLAN

$45K

$9K

TRIPLE S VIDA INC