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  September 5, 2001
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Home > Company Index > Insurance > Property & Casualty Insurance > The Seibels Bruce Group, Inc.

The Seibels Bruce Group, Inc.
OTC: SBIG
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 PROFILE
The Seibels Bruce Group concerns itself with bad drivers and natural disasters. The company sells auto, flood, and other property/casualty insurance primarily in the Southeast. As a servicing carrier of the South Carolina Associated Auto Insurers Plan (SCAAIP), the firm issues policies for high-risk drivers and then collects a percentage of premiums and claims. The company also writes flood insurance for the National Flood Insurance Program in more than 40 states, and its subsidiary America's Flood Services offers flood zone determinations on the West Coast. Commercial lines include business owner's policies and commercial package policies. Chairman Charles Powers owns more than 40% of the company.

 COMPETITION
Allmerica Financial Corporation (AFC)
The Allstate Corporation (ALL)
State Farm Insurance Companies (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 70.10
1-Yr. Sales Growth: (35.3)%
Employees: 329
Revenue per employee: $213,069.91

 KEY PEOPLE
• John E. Natili
    CEO
• Kenneth W. Marter
    CFO

 CONTACT INFO
1501 Lady St.
Columbia, SC 29201
US
Phone: 803-748-2000
Fax: 803-748-8420
Online: Web Site

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