American Independence Corp. · New York, NY United States ·(NASDAQ (GM): AMIC)
Company Description
View American Independence Corp. Locations On A US Map
This link will open in a new window
This link will open in a new window Since the name American Independence tells you nothing about the company, we'll help you out. What sounds like a lone, bold ideal is really a holding company which, through its subsidiaries, provides reinsurance, specializing in medical stop-loss insurance for self-insured employers. It also offers group and individual health and short-term medical insurance. Subsidiary Independence American is licensed to provide property/casualty insurance in more than 40 states and Washington, DC. Independence Holding , which also owns Madison National Life Insurance and Standard Security Life Insurance, owns nearly half of American Independence. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key American Independence Corp. Financials
| Company Type | Public - NASDAQ (GM): AMIC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $113.3 |
| 2008 Employees | 59 |
American Independence Corp. Executives
11 executives listed for American Independence Corp.'s New York, NY location.
| Title | Name & Bio | Contact |
| Chairman | Edward Bennett | Network |
| President, CEO, and Director | Roy Thung | Network |
| SVP and COO | David Kettig | Network |
Competition
Competitive Landscape for American Independence Corp.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top American Independence Corp. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!