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Sponsor portfolioWelfare / HealthEIN 26-2467041

VERITION FUND MANAGEMENT LLC

ONE AMERICAN LANE · GREENWICH, CT 06831
2036174372
Plans filed
2
Years active
2021–2025
Industry
NAICS 52
Latest filing
2025
Total premiums (latest)
$13.5M
No prior year
Persons covered
871
No prior year
Total participants
579
No prior year
Plans filed
2
No prior year

Plans under this sponsor

2 plans
Plan #501$13.5M
VERITION FUND MANAGEMENT LLC MEDICAL AND WELFARE BENEFIT PLAN
Fully insured871 covered·2 carriers
Primary: CIGNA HEALTH AND LIFE INSURANCE COMPANY
Plan #502$7.4M
VERITION FUND MANAGEMENT LLC MEDICAL BENEFIT PLAN
Fully insured428 covered·2 carriers
Primary: CIGNA HEALTH AND LIFE INSURANCE COMPANY

Coverage overview

Aggregate, latest year
Benefit typePremiumShareDistribution
Health$11.8M76.7%
Dental$1.1M7.2%
Life$619K4.0%
Short-term disability$619K4.0%
Long-term disability$619K4.0%
Other$619K4.0%

Carrier overview

2 carriers · all plans
CarrierCoverageTotal premiumSharePlansContractsCovered
CIGNA HEALTH AND LIFE INSURANCE COMPANY
EIN 591031071
HD
$12.9M95.4%12871
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA
EIN 135123390
LSTDLTDOth
$619K4.6%11564

Broker overview

5 brokers · all plans
BrokerLocCarriersCommissionsFeesTotal compSharePlans
MARC SHAPIROMELVILLE, NYCIGNA HEALTH AND LIFE INSURANCE COMPANY$37K$125K$162K28.3%1
NFP INSURANCE SERVICES INCNEW YORK, NYTHE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA, CIGNA HEALTH AND LIFE INSURANCE COMPANY$44K$115K$159K27.7%1
DONALD C SAVOY INCBERKELEY HEIGHTS, NJCIGNA HEALTH AND LIFE INSURANCE COMPANY$0$148K$148K25.8%1
PROFESSIONAL PENSIONS INCWALLINGFORD, CTCIGNA HEALTH AND LIFE INSURANCE COMPANY$0$90K$90K15.7%1
MARC A SHAPIROMELVILLE, NYTHE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA$14K$0$14K2.4%1

History & trajectory

5 years · all plans
Total premiums
Summed across all plans for this sponsor.
Persons covered
EOY headcount summed across all plans.
Carrier mix
Premium by top carriers, summed across plans.
Broker compensation
Comp by top brokers, summed across plans.

Policy details

Latest year, by plan
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