New York State Insurance Fund Revenue and Competitors

Location

N/A

Total Funding

Insurance

Industry

Estimated Revenue & Valuation

  • New York State Insurance Fund's estimated annual revenue is currently $309.5M per year.(i)
  • New York State Insurance Fund's estimated revenue per employee is $308,000

Employee Data

  • New York State Insurance Fund has 1005 Employees.(i)
  • New York State Insurance Fund grew their employee count by 2% last year.

New York State Insurance Fund's People

NameTitleEmail/Phone
1
Chief InvestigationsReveal Email/Phone
2
Chief Pricing ActuaryReveal Email/Phone
3
ControllerReveal Email/Phone
4
Director UnderwritingReveal Email/Phone
5
Director Disability Benefits InsuranceReveal Email/Phone
6
Assistant Director Information Technology Services 2Reveal Email/Phone
7
Director Client RelationsReveal Email/Phone
8
Director Claims Business OperationsReveal Email/Phone
9
Director InvestigationsReveal Email/Phone
10
Senior Credit Analyst/Special Investment OfficerReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$40.2M1662%N/AN/A
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What Is New York State Insurance Fund?

The New York State Insurance Fund (NYSIF) was established in 1914 as part of the original enactment of the New York State Workers’ Compensation Law. NYSIF's mission is to guarantee the availability of workers’ compensation insurance at the lowest possible cost to New York employers and to provide timely, appropriate indemnity and medical payments to injured workers, while maintaining a solvent fund. Since inception, NYSIF has fulfilled the dual roles for which it was created: to compete with other carriers to ensure a fair market place and to be a guaranteed source of coverage for employers who cannot secure coverage elsewhere. NYSIF is the largest workers’ compensation carrier in New York State and among the top 10 largest workers’ compensation carriers in the nation, insuring approximately 155,000 policyholders, with more than $2 billion in annual premium and $18 billion in assets. A self-supporting insurance carrier, NYSIF operates without taxpayer funding. In addition to workers’ compensation insurance, NYSIF provides disability benefits coverage for off-the-job injuries to more than 61,000 New York employers. In 2018, NYSIF added Paid Family leave as a component of its disability benefits product, providing New Yorkers with job-protected, paid time away from work to care for their families.

keywords:N/A

N/A

Total Funding

1005

Number of Employees

$309.5M

Revenue (est)

2%

Employee Growth %

N/A

Valuation

N/A

Accelerator

New York State Insurance Fund News

2022-04-20 - Departments of Health and Motor Vehicles Urge New Yorkers ...

New Yorkers seeking health insurance through the NY State of Health Insurance Marketplace can enroll in the Registry here as well. DMV also...

2022-04-20 - Sec. Fudge, Schumer, Bowman & Hochul Announce Fed ...

WASHINGTON - United States Department of Housing and Urban ... The Mortgage Insurance Fund of the State of New York Mortgage Agency,...

2022-03-30 - New York state budget delayed amid debates over several ...

... does not affect most aspects of the State University of New York, City University of New York or the State Insurance Fund, per the memo.

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$143.8M10075%N/A
#2
$75M1007N/AN/A
#3
$380.6M10073%N/A
#4
$211.9M1009-4%N/A
#5
$211.9M1009-17%N/A