Leeward Group Holdings Inc., through its wholly-owned subsidiaries, operates a full-service insurance agency and consulting firm. The company serves businesses and individuals through its five retail locations. Leeward has three offices in New England and two offices in the mid-Atlantic region. In addition, with licenses in all 50 states, the company can offer property & casualty, life & health, along with specialty insurance to customers all over the country.
The company announced today that it is initiating a marketing push into life and health insurance. Leeward Group has an agency foundation for property and casualty insurance that will serve as the launching pad for this initiative. The company is attracted to this sector of the insurance industry because of its sheer size. Last year in the United States alone, life and health insurance premiums accounted for an estimated $600 billion.
Kevin Coughlin, CEO of Leeward, stated that “We are aiming to grow this segment of our business. With the new pending health insurance regulations, companies and individuals will need solutions.” The company expects that it will be able to provide those very needed solutions.
Apparently, so does the stock market. The stock of Leeward Group Holdings is currently trading at $0.09 a share, up $0.04 or 80% for the day, on massive volume. Earlier in today’s trading, it hit a new 52-week high of $0.10.
For more information on Leeward Group, please visit its website at www.leewardgroup.com.
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