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American Independence (American Independence) Quality Rank


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What is American Independence Quality Rank?

The Quality Rank measures the business quality of a company relative to other companies. It is ranked based on the strength of the balance sheet, as well as the profitability and growth of the business. The ranked companies are split in equal numbers and then ranked from 1 to 10, with 10 being the highest.

The rank of balance sheet (30%)

The rank of balance sheet is done through the ranking of:
  • Interest coverage
  • Zscore
  • Debt to revenue
  • Equity to asset
  • Cash to debt

The rank of Profitability (70%)

The ranking of Profitability is done by ranking:
  • Operating margin mean rank (10-year mean average profit margine)
  • Operating margin growth rank
  • Fscore
  • Predictability rank
  • Revenue growth rank (5 year), when the growth is higher than 25%, set it as 25%
  • Num of year profit (number of years that is profitable within the last 10 years)
  • ROIC median (10-year median of ROIC)

American Independence Quality Rank Related Terms

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American Independence (American Independence) Business Description

Traded in Other Exchanges
N/A
Address
American Independence Corp is a Delaware corporation. The Company is an insurance holding Company, which provides specialized health coverage and related services to commercial customers and individuals. The Company focuses on niche health products and/or narrowly defined distribution channels in the United States. It's wholly owned subsidiary, Independence American Insurance Company, markets its products through IHC Risk Solutions, LLC, IHC Specialty Benefits, Inc., and IPA Family, LLC, which are subsidiaries of AMIC, and through independent brokers, producers and agents. Independence American is licensed to write property and/or casualty insurance in all 50 states and the District of Columbia, and has an A- (Excellent) rating from A.M. Best Company, Inc. Risk Solutions is a full-service direct writer of medical stop-loss insurance for self-insured employer groups. Risk Solutions has offices near Hartford, Connecticut and Philadelphia, Pennsylvania, and markets and underwrites employer medical stop-loss and group life mainly for Standard Security Life Insurance Company of New York. It also writes, to a much lesser extent, for three other carriers, including Madison National Life Insurance Company, Inc. and Independence American. Independence Holding Company and its subsidiaries including, among others, Standard Security Life and Madison National Life are collectively referred to as "IHC". Independence American writes group important medical, medical stop-loss, crucial medical plans for individuals and families, short-term medical, and dental, and began writing pet insurance in 2012.Independence American competes with many larger insurance and reinsurance companies and managed care organizations. Risk Solutions competes with many other managing general underwriters, insurance companies, and MCOs. AMIC is an insurance holding company; as such, AMIC and its subsidiaries are subject to regulation and supervision by multiple state insurance regulators, including the Office of the Insurance Commissioner of the State of Delaware.
Executives
Teresa A Herbert director, officer: CFO & SVP 96 CUMMINGS POINT RD, STAMFORD CT 06902
Ronald I Simon director 485 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Thung Roy T K director, officer: CEO 96 CUMMINGS POINT RD STAMFORD CT 06902
James G Tatum director 96 CUMMINGS POINT RD STAMFORD CT 06902
David T Kettig director, officer: President 96 CUMMINGS POINT RD STAMFORD CT 06902
Steven B Lapin director 96 CUMMINGS POINT RD STAMFORD CT 06902
Brian Schlier officer: Corporate Vice President - Tax 96 CUMMINGS POINT RD STAMFORD CT 06902
Gary Balzofiore officer: Corporate Vice President 485 MADISON AVENUE, NEW YORK NY 10022
Jeffrey C Smedsrud officer: Senior Vice President 8009 34TH AVENUE SOUTH #360 BLOOMINGTON MN 55420
Erickson Bernon Reneld Jr officer: Chief Health Actuary and SVP INDEPENDENCE HOLDING COMPANY 485 MADISON AVENUE, 14TH FLOOR NEW YORK NY 10022
Scott Michael Wood officer: Senior Vice President 2101 W. PEORIA AVE, SUITE 100 PHOENIX AZ 85029
Paul R Janerico officer: VP - Internal Audit 96 CUMMINGS POINT RD STAMFORD CT 06902
Henry B Spencer officer: VP - Investments 96 CUMMINGS POINT ROAD STAMFORD CT 06902
Roy L Standfest officer: V.P.& Chief Investment Officer 96 CUMMINGS POINT RD STAMFORD CT 06902