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United Kingdom

Profile: Conifer Holdings Inc (CNFR.OQ)

CNFR.OQ on NASDAQ Stock Exchange Global Market

4.00USD
24 May 2019
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Conifer Holdings, Inc., incorporated on October 27, 2009, is an insurance holding company. Through its insurance company subsidiaries, the Company offers insurance coverage in both specialty commercial and specialty personal product lines. The Company operates through two segments: commercial lines and personal lines. Within the two insurance segments, the Company offers a range of insurance products. The Company is engaged in underwriting and marketing insurance coverage, and administering claims processing for such policies. The Company is authorized to write insurance as an excess and surplus lines (E&S) carrier in approximately 40 states. The Company is licensed to write insurance in over 30 states as an admitted carrier and it offers its insurance products in over 50 states. The Company's subsidiaries include Conifer Insurance Company (CIC), White Pine Insurance Company (WPIC), Red Cedar Insurance Company (RCIC), American Colonial Insurance Company (ACIC), American Colonial Insurance Services (ACIS) and Sycamore Insurance Agency, Inc. (SIA).

The Company serves the commercial insurance needs of owner-operated businesses in a range of markets, including Hospitality, such as restaurants, bars, taverns, and bowling centers, as well as small grocery and convenience stores; Artisan contractors, such as plumbers, painters, carpenters, electricians and other independent contractors, and Security service providers, such as companies that provide security guard services, security alarm products and services, and private investigative services. The Company's personal lines products primarily include Catastrophe coverage, including hurricane and wind coverage, to underserved homeowners in Florida, Hawaii and Texas, and Dwelling insurance tailored for owners of lower valued homes, which it offers in Illinois, Indiana, Louisiana and Texas.

Commercial lines

The Company offers coverage for property, liability, automobile, and other miscellaneous coverage primarily to owner-operated small and mid-sized businesses, professional organizations and hospitality businesses, such as restaurants, bars and taverns. The Company's products include Commercial multi-peril (CMP), which provides property and liability coverage in a package to the policyholder; Other liability, which provides coverage for general liability and liquor liability on an individual policy; Automobile, which provides coverage for commercial automobiles for businesses that supply to their employees company-owned vehicles, and Other, which includes primarily workers' compensation coverage in narrowly selected areas.

Personal lines

The Company offers coverage for low-value dwelling, wind-exposed homeowners and automobile. The Company's Low-value dwelling product provides coverage for nonstandard homeowners insurance and dwelling fire insurance products (property and basic perils coverage only) located primarily in Indiana, Illinois and Texas. Its Wind-exposed homeowners product provides coverage in homeowners markets that have special risk characteristics, including coastal exposure to wind, located in Florida, Hawaii and Texas. Its Automobile product provides coverage for nonstandard private passenger automobile insurance policies for individuals located in Florida and Illinois.

Company Address

Conifer Holdings Inc

550 W Merrill St Ste 200
BIRMINGHAM   MI   48009-1443
P: +1248.5590840
F: +1302.6555049

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