Atlantic American Corporation · Atlanta, GA United States ·(NASDAQ (GM): AAME)
Company Description
Phone: 404-266-5500
Fax: 404-266-5702
Toll Free: 800-441-5001
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This link will open in a new window Atlantic American can get you a peach of an insurance deal. Through its subsidiaries, the company sells a mix of property/casualty, health, and life insurance in the southern US. Its Bankers Fidelity Life Insurance subsidiary provides life and supplemental health insurance. Medicare supplement products account for more than 80% of the division's premiums. Its American Southern subsidiary offer personal and commercial automobile and property coverage. It also provides general commercial liability insurance. Its products are targeted at large motor pools and fleets owned by local governments. Chairman Mack Robinson and his family hold about two-thirds of the company's stock. To read the full description, subscribe now.
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Key Atlantic American Corporation Financials
| Company Type | Public - NASDAQ (GM): AAME Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $99.7 |
| 2008 Employees | 125 |
Atlantic American Corporation Executives
18 executives listed for Atlantic American Corporation's Atlanta, GA location.
| Title | Name & Bio | Contact |
| Chairman Emeritus | J. Mack Robinson | Network |
| Chairman, President, and CEO | Hilton Howell | Network |
| SVP, CFO, and Acting Secretary | John Sample | Network |
Competition
Competitive Landscape for Atlantic American Corporation
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top Atlantic American Corporation Competitors
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