American Independence Corp.

Type: Public
On the web: http://www.americanindependencecorp.com
Employees: 50
Employee growth: (3.8%)

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 and insurance coverage, specializing in medical stop-loss insurance for self-insured employers. It also offers group and individual health and short-term medical insurance policies. Subsidiary Independence American is licensed to provide property/casualty insurance throughout most of the US. American Independence is majority-owned by Independence Holding, which also owns Madison National Life Insurance and Standard Security Life Insurance.

Key numbers for fiscal year ending December, 2011:
Sales: $88.0M
One year growth: (1.5%)
Net income: $2.5M
Income growth: 18.8%

Officers:
Chairman: Edward A. Bennett
President, CEO, and Director: Roy T. K. Thung
SVP and COO: David T. Kettig

Competitors:
Everest Re
HCC Insurance
Presidential Life