| Business Summary | | RTW,
Inc.
and
its
wholly
owned
insurance
subsidiary,
American
Compensation
Insurance
Company
(ACIC),
provide
comprehensive
management
products
and
disability
management
services
to
employers
for
their
workers'
compensation
programs.
The
Company
has
developed
two
proprietary
management
systems,
the
RTW
Solution,
designed
to
lower
employers'
workers'
compensation
costs
and
return
injured
employees
to
work
as
soon
as
possible,
and
the
ID15
system,
designed
to
identify
those
injured
employees
who
are
likely
to
get
stuck
in
the
workers'
compensation
system.
The
Company
targets
employers
and
associations
that
operate
in
industries
with
relatively
high
workers'
compensation
costs,
including
the
manufacturing,
retail,
wholesale,
healthcare
and
hospitality
industries,
and
employers
with
a
history
of
workers'
compensation
claim
costs
higher
than
average
in
their
industry. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | RTW,
Inc.
provides
comprehensive
management
products
and
services
to
employers
for
their
workers'
compensation
programs
in
MN,
WI,
SD,
CO,
MO,
IL,
KS,
MI,
IN,
MA,
CT,
RI
and
NH.
For
the
three
months
ended
3/31/01,
total
revenues
increased
32%
to
$26.6
million.
Net
income
decreased
51%
to
$777
thousand.
Revenues
reflect
a
$2.1
million
refund
from
the
Workers
Compensation
Reinsurance
Association
of
Minnesota.
Net
income
reflects
increased
claim
settlements. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,887;
after
tax
earnings
were
-1,691. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Carl Lehmann, 47 Chairman,
Pres, CEO | $424K | Jeffrey Murphy, 39 CFO,
Sec., Treasurer | 155K | Anthony Rotondi, 55 COO | 208K | Vina Marquart, 49 VP
of HR | 152K | Debora Allen, 43 CIO | -- | 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
|
|