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Company Details
ELIPS LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
85561
Phone Number:
8472731261
Company Address:
175 King St.
Armonk, NY 10504
Description:
Life and Health
License Number:
A424143
Date Admitted:
1976-10-04
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Accident & Health | 0.01% | $1,708,675 | $1,700,986 | $1,725,352 | $1,627,698 | 95.69 % |
| 2023 | Total Individual Accident & Health | 0.03% | $1,708,675 | $1,700,986 | $1,725,352 | $1,627,698 | 95.69 % |
| 2023 | Individual Medicare Supplement | 0.32% | $1,707,766 | $1,700,081 | $1,512,623 | $1,427,009 | 83.94 % |
| 2023 | Individual Accident Only | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2023 | Individual Disability Income | 0.00% | $909 | $905 | $212,729 | $200,689 | N/A |
| 2023 | Total Life | 0.00% | $1,223 | $0 | $0 | $0 | N/A |
| 2023 | Total Individual Life | 0.00% | $1,223 | $0 | $0 | $0 | N/A |
| 2023 | Individual Term Life | 0.00% | $1,223 | $0 | $0 | $0 | N/A |
| 2022 | Total Accident & Health | 0.00% | $222,656 | $231,932 | $340,615 | $121,922 | 52.57 % |
| 2022 | Total Individual Accident & Health | 0.00% | $221,465 | $230,017 | $89,403 | $118,218 | 51.40 % |
| 2022 | Individual Medicare Supplement | 0.04% | $221,465 | $230,017 | $89,403 | $118,218 | 51.40 % |
| 2022 | Total Group Accident & Health | 0.00% | $1,191 | $1,915 | $251,212 | $3,704 | N/A |
| 2022 | Group Disability Income | 0.00% | $1,191 | $1,915 | $251,212 | $3,704 | N/A |
| 2022 | Total Life | 0.00% | $957 | $0 | $0 | $0 | N/A |
| 2022 | Total Individual Life | 0.00% | $957 | $0 | $0 | $0 | N/A |
| 2022 | Individual Universal Life | 0.00% | $957 | $0 | $0 | $0 | N/A |
| 2021 | Total Accident & Health | 0.00% | $171,351 | $101,483 | $439,244 | $288,287 | N/A |
| 2021 | Total Group Accident & Health | 0.00% | $171,351 | $101,483 | $439,244 | $288,287 | N/A |
| 2021 | Group Disability Income | 0.05% | $171,351 | $101,483 | $439,244 | $288,287 | N/A |
| 2021 | Total Life | 0.00% | $44,388 | $0 | $50,085 | $0 | N/A |
| 2021 | Total Individual Life | 0.00% | $398 | $0 | $85 | $0 | N/A |
| 2021 | Individual Universal Life | 0.00% | $398 | $0 | $85 | $0 | N/A |
| 2021 | Total Group Life | 0.00% | $43,990 | $0 | $50,000 | $0 | N/A |
| 2021 | Group Universal Life | 0.12% | $43,990 | $0 | $50,000 | $0 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Health | 0.00% | 0 | 0 |
| 2023 | Life and Annuities | 0.00% | 0 | 0 |
| 2023 | Medicare Supplement Insurance | 0.08% | 0 | 0 |
| 2022 | Health | 0.00% | 0 | 0 |
| 2022 | Life and Annuities | 0.00% | 0 | 0 |
| 2022 | Medicare Supplement Insurance | 0.01% | 0 | 0 |
| 2021 | Health | 0.00% | 0 | 0 |
| 2021 | Life and Annuities | 0.00% | 0 | 0 |
Company Changes
Effective Date: 04/01/2006
Comments: MIC Life Insurance Corporation changed its name to Perico Life Insurance Company.
Effective Date: 01/09/2015
Comments: Effective 1/9/15 Perico Life Insurance Company changed its name to Mapfre Life Insurance Company.
Effective Date: 11/30/2018
Comments: Effective 11/30/2018 Mapfre Life Insurance Company changed its name to ELIPS Life Insurance Company and redomesticated to Missouri.
Market Conduct
This company does not have any market conduct exams or investigations.
Financial Exams
Date: 06/08/2020
Order and Exam Report - Elips Life Insurance Company.pdf
Date: 06/30/2023