Atlantic American Corp
Business Description
Atlantic American Corporation, a Georgia corporation incorporated in 1968, is
a holding company that operates through its subsidiaries in well-defined specialty
markets within the life and health and property and casualty insurance industries.
The Parent’s principal operating subsidiaries are American Southern Insurance
Company and American Safety Insurance Company (together known as “American
Southern”) within the property and casualty insurance industry and Bankers
Fidelity Life Insurance Company and Bankers Fidelity Assurance Company (together
known as “Bankers Fidelity”) within the life and health insurance
industry. Each of American Southern and Bankers Fidelity is managed separately
based upon the type of products it offers, and is evaluated on its individual
performance. The Company’s strategy is to focus on well-defined geographic,
demographic and/or product niches within the insurance marketplace. Each of American
Southern and Bankers Fidelity operates with relative autonomy, which structure
is designed to allow for quick reaction to market opportunities.
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