Welfare broker

KARAM INSURANCE AGENCY

Mailing address (most recent filing)

456 ROCK STREET

FALLRIVER, MA 02720

Total comp: $376K
Commissions: $339K
Fees: $37K
Filings: 7
Sponsors: 7

Carrier mix

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

UNITED HEALTHCARE INSURANCE COMPANY33.3%
HARVARD PILGRIM HEALTH CARE33.3%
BLUE CROSS OF CALIFORNIA33.3%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
UNITED HEALTHCARE INSURANCE COMPANY	1	$7.7M	33.3%
HARVARD PILGRIM HEALTH CARE	1	$1.1M	33.3%
BLUE CROSS OF CALIFORNIA	1	$1.8M	33.3%

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
MA	3	$10.7M	0.1%	46.22x

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 KARAM INSURANCE AGENCY's plans by broker comp / premium ratio. Median 3.93% vs welfare-wide median 6.29% (n=3).

Prospect-flag exposure · vs market baseline

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

1-3 of 3 sponsors where KARAM INSURANCE AGENCY is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
BAYCOAST BANK HEALTH PLAN	MA	$7.7M	$303K	UNITED HEALTH INSURANCE COMPANY
J. KARAM MANAGEMENT, INC. FIRST BRISTOL CORP WELFARE BENEFIT PLAN	MA	$1.1M	$58K	HARVARD PILGRIM HEALTHCARE
A.D. MAKEPEACE COMPANY A.D. MAKEPEACE WELFARE BENEFIT PLAN	MA	$1.8M	$49K	BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC.

Carrier

Plans

Premium

UNITED HEALTHCARE INSURANCE COMPANY

$7.7M

33.3%

HARVARD PILGRIM HEALTH CARE

$1.1M

33.3%

BLUE CROSS OF CALIFORNIA

$1.8M

33.3%

State

Plans

Premium

State share

Index

$10.7M

0.1%

46.22x

Sponsor

Loc

Premium

Comp

Carrier

BAYCOAST BANK

HEALTH PLAN

$7.7M

$303K

UNITED HEALTH INSURANCE COMPANY

J. KARAM MANAGEMENT, INC.

FIRST BRISTOL CORP WELFARE BENEFIT PLAN

$1.1M

$58K

HARVARD PILGRIM HEALTHCARE

A.D. MAKEPEACE COMPANY

A.D. MAKEPEACE WELFARE BENEFIT PLAN

$1.8M

$49K

BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC.