Kenneth Sacks - Baldwin Lyons Independent Director

Director

Mr. Kenneth David Sacks is Independent Director of the Company. He has served as CoChief Executive Officer since September, 2011, and as Managing Principal and Chairman since 2003, of JMB Insurance Agency, Inc., an insurance brokerage company located in Chicago. Prior to his affiliation with JMB Insurance Agency, Inc., Mr. Sacks was engaged in real estate portfolio management with JMB Realty Corporation in Chicago and Merrill Lynch Hubbard in New York since 2007.
Age 50
Tenure 17 years
Phone317 636-9800
Webwww.protectiveinsurance.com
Sack’s executive management experience in the property and casualty insurance industry, along with his 8 years of service as a Board member to the Corporationrationrationration, provide him with the background necessary to serve as an effective Board member.

Baldwin Lyons Management Efficiency

Baldwin Lyons' management efficiency ratios could be used to measure how well Baldwin Lyons manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 20 M in total debt with debt to equity ratio (D/E) of 4.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Baldwin Lyons has a current ratio of 0.53, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Baldwin Lyons until it has trouble settling it off, either with new capital or with free cash flow. So, Baldwin Lyons' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Baldwin Lyons sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Baldwin to invest in growth at high rates of return. When we think about Baldwin Lyons' use of debt, we should always consider it together with cash and equity.

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Baldwin Lyons, Inc., through its subsidiaries, engages in marketing and underwriting property and casualty insurance products. Baldwin Lyons, Inc. was founded in 1930 and is headquartered in Carmel, Indiana. Baldwin Lyons operates under Insurance - Property Casualty classification in USA and traded on BATS Exchange. It employs 528 people. Baldwin Lyons (BWINB) is traded on NASDAQ Exchange in USA and employs 528 people.

Management Performance

Baldwin Lyons Leadership Team

Elected by the shareholders, the Baldwin Lyons' board of directors comprises two types of representatives: Baldwin Lyons inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Baldwin. The board's role is to monitor Baldwin Lyons' management team and ensure that shareholders' interests are well served. Baldwin Lyons' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Baldwin Lyons' outside directors are responsible for providing unbiased perspectives on the board's policies.
Otto Frenzel, Independent Director
Stuart Bilton, Independent Director
Norton Shapiro, Director
Thomas Patrick, Independent Director
Steven Shapiro, Executive Chairman, Member of Investment Committee and Member of Strategic Planning Committee
Michael Case, Sr. VP of Claims and Legal, General Counsel and Secretary
Randy Birchfield, Executive Vice President
Matthew Thompson, Executive Vice President
John Pigott, Independent Director
Douglas Collins, Interim CFO
LoriAnn LoweryBiggers, Director
John OMara, Independent Director
John Nichols, Director
Robert Shapiro, Director
Patrick Corydon, CFO, Executive Vice President
Steven Bensinger, Director
Randall Birchfield, CEO, Director
Jeffrey Cohen, Director
Arshad Zakaria, Director
Kenneth Sacks, Independent Director
James Porcari, Director
David Michelson, Independent Director
Gary Miller, Executive Chairman, Member of Investment and Strategic Planning Committee, Chairman of Protective and Chairman of Sagamore
William Vens, CFO
Nathan Shapiro, Director
Philip Moyles, Director
Joseph Devito, CEO and President COO, Director, Chairman of Strategic Planning Committee and Member of Investment Committee

Baldwin Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Baldwin Lyons a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Baldwin Lyons in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Baldwin Lyons' short interest history, or implied volatility extrapolated from Baldwin Lyons options trading.

Pair Trading with Baldwin Lyons

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baldwin Lyons position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baldwin Lyons will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Consolidated Edison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Edison when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Consolidated Edison - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Consolidated Edison to buy it.
The correlation of Consolidated Edison is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Consolidated Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Edison moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Consolidated Edison can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Other Consideration for investing in Baldwin Stock

If you are still planning to invest in Baldwin Lyons check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Baldwin Lyons' history and understand the potential risks before investing.
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