| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
15 |
| Employees |
206 |
| Revenues (TTM) (Millions $) |
300 |
| Net Income (TTM) (Millions $) |
105 |
| Cash Flow (TTM) (Millions $) |
-6 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Independence Holding Company (IHC) is a publicly-traded insurance holding company that operates through several insurance subsidiaries. IHC was founded in 1980 and has its headquarters in Stamford, Connecticut.
The company's subsidiaries offer a variety of insurance products, including life, health, disability, and specialty coverages. IHC's primary business segments include the following:
1. Life and Health Insurance - IHC's life and health insurance subsidiaries offer individual and group life insurance, as well as short-term medical and health insurance plans.
2. Disability Insurance - IHC's disability insurance subsidiaries offer both short-term and long-term disability insurance for individuals and employers.
3. Special Risk - IHC's special risk subsidiary provides insurance coverage for high-risk activities and organizations, such as sports teams, travel agencies, and non-profit organizations.
IHC operates primarily in the United States, but it also has operations in the United Kingdom, Ireland, and Canada. The company has a network of independent agents and brokers that it works with to distribute its insurance products.
In addition to its insurance operations, IHC also owns an investment portfolio that includes public and private securities, real estate, and other investments. The company's investment strategy is focused on generating long-term returns that provide value to shareholders.
IHC has a strong financial position and has consistently generated solid financial results. As of December 31, 2020, the company had total assets of $3.7 billion, total liabilities of $2.6 billion, and shareholders' equity of $1.1 billion.
Overall, IHC is a well-established insurance holding company that offers a diverse range of insurance products and has a strong financial position. Its focus on generating long-term value for shareholders positions it well for continued success in the future.
Company Address: 96 CUMMINGS POINT ROAD STAMFORD 6902 CT
Company Phone Number: 358-8000 Stock Exchange / Ticker: NYSE IHC
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