Welcome to Elite Distributors Insurance Company

 

Dear Shareholders:

2018 EDIC Annual ReportI am pleased to present the Elite Distributors Insurance Company (EDIC) 2018 Annual Report. In this report, several members share their EDIC experiences. We have also included a list of all active members categorized by distributor type. Our member list reads like a Who’sWho of the top distributors in the country. EDIC continues to grow across many distributor types, e.g., electrical, building materials, HVAC, industrial, paper, and plumbing.

As of June 1, 2019, EDIC’s annualized premium was over $49 million with 146 active member companies located throughout the United States.

We currently have members across 10 different marketing groups and continue to explore new group opportunities. EDIC’s goals align well with the entrepreneurial spirit of independent distributors and marketing groups that want to increase their buying power, bring control to their insurance programs, and reduce operating costs. Since EDIC’s beginning in 1991, we have distributed over $60 million in dividends to our members.

We also continue to expand our regional broker network to attract distributors that
may not be affiliated with a marketing group.

We continue to see good growth while providing our members with continual
improvements in risk control programs and services so our members can enjoy the
many benefits of being in a captive.

On behalf of our Executive Committee and the dedicated service partners who
continue to support us, I would like to thank you for your commitment to EDIC.

We look forward to another good year in 2019

Sincerely,

John S. Cain, EDIC President
Wiseway Supply