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 Metrics

Conifer Holdings Financial Metrics

Revenue (2016)

$93.9 m

Revenue growth (2015-16), %

33%

Net income (2016)

($8.4 m)

Market capitalization (21-Mar-2017)

$55.7 m

Closing share price (21-Mar-2017)

$7.3

Cash (31-Dec-2016)

$12.5 m
Conifer Holdings's current market capitalization is $55.7 m.
Conifer Holdings's revenue was reported to be $93.9 m in FY, 2016 which is a 32.7% increase from the previous period.
FY, 2015FY, 2016

Revenue

$70.7 m$93.9 m

Revenue growth, %

33%

Operating expense total

$70.6 m$102.5 m

Interest expense

$769 k$647 k

Pre tax profit

$83 k($8.6 m)

Income tax expense

$48 k($77 k)

Net Income

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

Cash

$12.7 m$12.5 m

Inventories

$1.5 b

Total Assets

$177.9 m$203.7 m

Accounts Payable

$1.9 b$2.2 b

Retained Earnings

($3 m)($11.5 m)

Total Equity

$77.3 m$67.8 m

Financial Leverage

2.3 x3 x
FY, 2015FY, 2016

Net Income

($17 k)($8.4 m)

Accounts Payable

$463 k

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 m$4.4 m

Interest Paid

$844 k$641 k

Conifer Holdings Market Value History

Conifer Holdings Online Presence

Conifer Holdings Company Life

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