Conifer Holdings

CNFR has eight subsidiaries that together make up a broad and flexible platform from which the company provides specialty insurance products. A balanced mix of commercial and personal specialty insurance products are targeted to niche and underserved segments and tailored to meet the specialized needs of insureds. Licensed to write insurance on both an excess and surplus and an admitted basis, CNFR’s flexibility allows it to operate profitably in a variety of markets and pricing scenarios.

The Executive and Senior Management team has deep industry knowledge and longstanding relationships with highly skilled underwriters and agents. These relationships, coupled with extensive insurance industry expertise, position CNFR to further expand its distribution network and continue its organic growth. Experienced in-house claims professionals, highly seasoned underwriters, a conservative investing strategy, and disciplined reserving practices are designed to protect and build CNFR’s capital.

CNFR’s original subsidiary, Conifer Insurance Company, has a “B++ (Good)” financial strength rating from A.M. Best. Each of the company’s insurance carrier subsidiaries have an “A, Exceptional” financial stability rating from Demotech, Inc.

Type
Public
HQ
Birmingham, US
Founded
2009
Size (employees)
133 (est)
Website
cnfrh.com
Conifer Holdings was founded in 2009 and is headquartered in Birmingham, US

Conifer Holdings Office Locations

Conifer Holdings has offices in Birmingham, Longwood, Jacksonville, Miami and in 3 other locations
Birmingham, US (HQ)
200 550 W Merrill St
Brentwood, US
2 7000 Executive Center Dr
Somerset, US
209 Georgian Pl
Woodway, US
302 Granite Dr
Miami, US
200 9555 N Kendall Dr
Jacksonville, US
305 10245 Centurion Pkwy N
Longwood, US
2060 260 Wekiva Springs Rd

Conifer Holdings Data and Metrics

Conifer Holdings Financial Metrics

Conifer Holdings's revenue was reported to be $93.9 m in FY, 2016 which is a 33% increase from the previous period.
$, USD

Revenue (FY, 2016)

93.9 m

Revenue growth (FY, 2015 - FY, 2016), %

33%

Net income (FY, 2016)

(8.4 m)

Market capitalization (23-Jun-2017)

53.1 m

Closing share price (23-Jun-2017)

6.8

Cash (31-Dec-2016)

12.5 m
Conifer Holdings's current market capitalization is $53.1 m.
$, USDFY, 2015FY, 2016

Revenue

70.7 m93.9 m

Revenue growth, %

33%

Operating expense total

70.6 m102.5 m

Interest expense

769 k647 k

Pre tax profit

83 k(8.6 m)

Income tax expense

48 k(77 k)

Net Income

(17 k)(8.4 m)
$, USDFY, 2015FY, 2016

Cash

12.7 m12.5 m

Inventories

1.5 b

Total Assets

177.9 m203.7 m

Accounts Payable

2.8 m4.9 m

Retained Earnings

(3 m)(11.5 m)

Total Equity

77.3 m67.8 m

Financial Leverage

2.3 x3 x
$, USDFY, 2015FY, 2016

Net Income

(17 k)(8.4 m)

Accounts Payable

1 m1.6 m

Cash From Operating Activities

(3.1 m)6.2 m

Purchases of PP&E

(167 k)(195 k)

Cash From Investing Activities

(15.3 m)(10.8 m)

Cash From Financing Activities

12.6 m4.4 m

Interest Paid

844 k641 k
$, USDY, 2016

Revenue/Employee

705.9 k

Financial Leverage

3 x

Conifer Holdings Market Value History

Conifer Holdings Online and Social Media Presence

Conifer Holdings Company Life and Culture

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