Wilmington, DE
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Five Pointe Professional Liability Insurance Company co Wilmington Trust, founded in 2006, is a major nonprofit in the Health Care sector that reported $135.4M in total revenue in fiscal year 2022. Revenue surged 183% from the prior year, signaling strong growth momentum.
THE COMPANY IS A NON-PROFIT SPONSORED CAPTIVE INSURANCE COMPANY ORGANIZED AND OPERATED EXCLUSIVELY FOR THE CHARITABLE PURPOSES FOR THE BENEFIT OF ITS MEMBER ORGANIZATIONS. THE CORPORATION SERVES AS AN INTEGRAL PART OF AND FURTHERS THE EXEMPT PURPOSES OF its members, charitable HOSPITALS and RELATED healthcare organizations BY PROVIDING "SELF-INSURANCE" PROFESSIONAL LIABILITY COVERAGE FOR CERTAIN HOSPITALS AND HEALTHCARE ENTITIES DESCRIBED IN IRC SECTION 501(C)(3). THE MEMBERS ARE MAIN LINE HOSPITALS, INC., Riddle Memorial Hospital, THOMAS JEFFERSON UNIVERSITY HOSPITALS, INC., and Magee REHABILITATION HOSPITAL.
FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY PROVIDES REINSURANCE TO MOUNTAIN LAUREL RISK RETENTION GROUP, INC. ("MLRRG"), A RELATED PARTY THROUGH COMMON OWNERSHIP THAT PROVIDES GENERAL...
FIVE POINTE PROFESSIONAL LIABILITY INSURANCE COMPANY PROVIDES REINSURANCE TO MOUNTAIN LAUREL RISK RETENTION GROUP, INC. ("MLRRG"), A RELATED PARTY THROUGH COMMON OWNERSHIP THAT PROVIDES GENERAL LIABILITY AND PROFESSIONAL LIABILITY INSURANCE TO ITS SHAREHOLDERS THAT ARE THE TAX EXEMPT MEMBERS OF FIVE POINTE. THE REINSURANCE COVERAGES ASSIST WITH THE MANAGEMENT AND FUNDING OF THE PROFESSIONAL LIABILITY RISK THEREBY ESSENTIALLY FUNCTIONING AS A SELF-INSURANCE VEHICLE FOR THE TAX EXEMPT MEMBER HOSPITALS AND HEALTHCARE ORGANIZATIONS. A SPONSORED CAPTIVE INSURANCE COMPANY IN THE STATE OF DELAWARE HAS THE ABILITY TO ESTABLISH AND MAINTAIN SEPARATE PROTECTED CELLS WITHIN THE COMPANY WHEREBY THE ASSETS AND LIABILITIES OF ANY ONE CELL ARE FINANCIALLY AND LEGALLY PROTECTED FROM THE ASSETS AND LIABILITIES OF OTHER CELLS. THE COMPANY INSURES THE RISKS OF THE MEMBERS PURSUANT TO MEMBERSHIP AGREEMENTS, AND SEGREGATES SUCH RISKS INTO PROTECTED CELLS. EACH PROTECTED CELL IS ACCOUNTED FOR SEPARATELY ON THE BOOKS AND RECORDS OF THE COMPANY. THE ASSETS AND LIABILITIES OF THE COMPANY ARE SEGREGATED INTO CELL ASSETS AND LIABILITIES AND GENERAL ASSETS AND LIABILITIES. THE GENERAL ASSETS AND LIABILITIES OF THE COMPANY COMPRISE THE ASSETS AND LIABILITIES THAT ARE NOT ASSETS AND LIABILITIES OF ANY ONE OF THE PROTECTED CELLS. THE ACTIVITIES REPRESENTING THE GENERAL ASSETS AND LIABILITIES OF THE COMPANY ARE REFERRED TO AS "THE CORE."
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $135,366,544 | $47,889,541 | +1.8% |
| Expenses | $138,953,031 | $59,240,667 | +1.3% |
| Net Income | $-3,586,487 | $-11,351,126 | -0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| N/A | DIRECTOR, SECRETARY | 1.0 |
Officer
Director
|
$0 | $150,998 | $871,651 |
| N/A | DIRECTOR, PRESIDENT | 10.0 |
Officer
Director
|
$0 | $28,098 | $464,795 |
| N/A | Director, Treasurer (Beginning 6/29/23) | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | DIRECTOR, CHAIRMAN | 1.0 |
Officer
Director
|
$0 | $161,630 | $1,110,735 |
| N/A | DIRECTOR, TREASURER (Through 3/31/23) | 1.0 |
Officer
Director
|
$0 | $230,324 | $2,407,915 |
| N/A | DIRECTOR | 1.0 |
Director
|
$0 | $194,896 | $1,569,842 |
| N/A | DIRECTOR | 1.0 |
Director
|
$0 | $597,253 | $2,602,428 |
| N/A | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Director | 1.0 |
Director
|
$0 | $47,717 | $399,888 |
| N/A | DIRECTOR | 1.0 |
Director
|
$0 | $34,929 | $852,654 |
| N/A | CHIEF INVESTMENT OFFICER | 1.0 |
Officer
|
$0 | $59,929 | $1,048,328 |
| N/A | Assistant Secretary (beginning 7/1/22) | 1.0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $135,366,544 | $138,953,031 | $393,050,212 | $-3,586,487 |
| 2022 | $47,889,541 | $59,240,667 | $232,485,102 | $-11,351,126 |
| 2021 | $45,761,537 | $46,277,350 | $241,906,004 | $-515,813 |
| 2020 | $42,434,830 | $30,232,201 | $212,943,544 | $12,202,629 |
| 2019 | $38,509,637 | $25,237,588 | $219,953,751 | $13,272,049 |
| 2018 | $39,397,947 | $16,283,921 | $217,042,683 | $23,114,026 |
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