| Business Summary | | Corniche
Group,
Inc.
is
a
provider
of
extended
warranties
and
service
contracts
via
the
Internet
through
its
Website,
www.warrantysuperstore.com,
and
is
a
reinsurance
provider
through
its
wholly
owned
subsidiary,
Stamford
Insurance
Company,
Ltd.
The
Company's
primary
business
focus
is
the
sale
of
extended
warranties
and
service
contracts
over
the
Internet
covering
automotive,
home,
office,
personal
electronics,
home
appliances,
computers
and
garden
equipment.
The
Company
offers
its
products
and
services
in
the
United
States
in
states
that
permit
program
marketers
to
be
the
obligor
on
service
contracts.
Currently
this
represents
approximately
38
states
for
automobile
service
contracts
and
most
states
for
other
product
categories. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CNGI
is
a
provider
of
extended
warranties
and
service
contracts
through
its
Website
and
is
a
reinsurance
provider
through
its
subsidiary,
Stamford
Insurance
Company,
Ltd.
For
the
six
months
ended
6/30/01,
revenues
fell
10%
to
$32
thousand.
Net
loss
applicable
to
Common
from
continuing
operations
rose
2%
to
$741
thousand.
Results
reflect
increased
deferrals
of
warranty
and
contract
revenue,
partially
offset
by
higher
gross
margins
and
lower
advertising
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Fyfe, 46 Chairman | -- | Robert Benoit, 43 Pres,
CEO, Director | $102K | David Boltz, 48 CIO,
VP | -- | Dollar amounts are as of 31-Dec-2000 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
|
|