| Business Summary | | Arista
Investors
Corp.
is
a
third-party
administrator.
As
a
third
party
administrator
the
Company
performs
various
services
relating
to
the
Insurance
underwritten
by
The
Guardian,
including,
but
not
limited
to,
pricing
of
risk,
underwriting
new
and
renewal
business,
investigation,
calculation
and
payment
of
claims,
preparation
and
transmission
of
bills,
preparation
of
policy
kits
and
forms,
preparations
of
commission
statements,
maintenance
of
records,
responding
to
inquiries
from
policyholders
and
providing
updates
on
regulatory
changes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Arista
Investors
Corp.
is
engaged
in
the
sale
and
underwriting
of
statutory,
super
statutory
and
voluntary
disability
benefits
insurance
in
NY.
For
the
six
months
ended
6/30/01,
total
revenues
rose
7%
to
$2.2
million.
Net
loss
totaled
$69
thousand
vs.
an
income
of
$250
thousand.
Revenues
reflect
increased
administrative
services
income
fom
the
Guardian
contract.
Net
loss
reflects
increases
in
professional
fees,
employee
salaries
and
benefits,
and
rent. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Bernard Kooper, 74 Chairman | $969K | Stanley Mandel, 65 Pres | 627K | Susan Hall, 56 Sr.
VP and Treasurer and Sec. | 134K | Peter Norton, 55 VP | 35K | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|