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  September 5, 2001
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Home > Company Index > Insurance > Property & Casualty Insurance > Bancinsurance Corporation

Bancinsurance Corporation
Nasdaq: BCIS
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 PROFILE
Insurance holding company Bancinsurance Corporation underwrites niche insurance products through its subsidiary, Ohio Indemnity. Operating throughout the US, the company sells ultimate loss insurance, which protects lenders by insuring collateralized personal property against damage and theft. Ohio Indemnity also bonds employers that pay no unemployment taxes. Subsidiary Paul Boardway & Associates offers property and casualty insurance to lenders in the Northeast. The company also provides publishing services for state and local governments through American Legal Publishing. Chairman and CEO Si Sokol and his family own more than half of the firm.

 COMPETITION
American Financial Group, Inc. (AFG)
The Progressive Corporation (PGR)
State Farm Insurance Companies (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 30.40
1-Yr. Sales Growth: (2.9)%
Employees: 50
Revenue per employee: $608,000.00

 KEY PEOPLE
• Si Sokol
    CEO
• Sally J. Cress
    CFO

 CONTACT INFO
20 E. Broad St.
Columbus, OH 43215
US
Phone: 614-228-2800
Fax: 614-228-5552
Online: Web Site

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