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Balance Sheet Cash Flow Statement 485 Madison Ave. New York, NY 10022 NY Tel. 212-355-4141 Fax 212-644-7450 |
Type: Public
On the web:
http://www.americanindependencecorp.com
Employees:
59
Employee growth: 11.3%
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.
Key numbers for fiscal year ending December, 2008:
Sales: $113.3M
One year growth: (4.9%)
Net income: $1.0M
Income growth: (15.2%)
Officers:
Chairman: Edward A. Bennett
President, CEO, and Director: Roy T. K. Thung
SVP and COO: David T. Kettig
Competitors:
Everest Re
General Re
HCC Insurance
