Atlas Financial Holdings, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Scott David Wollney
- Full Time Employees
- 63
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Address
- 953 American Lane Schaumburg IL United States of America 60173
- IPO Date
- Feb 12, 2013
- CIK
- 0001539894
- Website
- atlas-fin.com
- Similar Companies
- Business
- Atlas Financial Holdings, Inc. (AFHIF) is a specialty insurance holding company that, through its primary subsidiary Anchor Group Management, Inc. (AGMI), generates, underwrites, and services commercial automobile insurance policies in the United States. The company's core products provide coverage in three principal areas—liability, accident benefits, and physical damage—targeting the light commercial automobile sector, including taxi cabs, non-emergency paratransit, limousines, livery services, rideshare operations, shuttles, and business autos such as those used by contractors, landscapers, manufacturers, repair services, retailers, and wholesalers; these offerings are distributed through a network of independent retail agents. Atlas Financial Holdings operates as a managing general agency (MGA) with an insuretech platform called optOn, serving niche transportation and commercial auto markets across the U.S. Founded in 2009 and headquartered in Schaumburg, Illinois, the company employs approximately 63 people and focuses on customer-centric technology and analytics-based solutions in specialty auto insurance. Subsidiaries include UBI Holdings Inc., optOn Digital IP Inc., and optOn Insurance Agency Inc., supporting its MGA strategy. Atlas Financial Holdings trades on OTC Markets under the ticker AFHIF. In recent developments, Atlas Financial Holdings completed the sale of its legacy insurance subsidiaries American Country Insurance Company (ACIC) and American Service Insurance Company (ASI) to Buckle in May 2021, enabling a strategic shift to its MGA operations and reducing capital-intensive primary insurance activities. The company restructured its 6.625% senior unsecured notes in 2022, extending maturity to April 2027 through a Cayman Court-approved exchange offer, and appointed independent directors Mark E. Holliday and Steven D. Scheiwe while securing court approval for a regulatory settlement. It expanded a credit facility in June 2022 and reported ongoing recovery in taxi, livery, and rideshare markets amid post-pandemic demand growth.
Atlas Financial Holdings Announces Unaudited Second Quarter 2022 Financial Results
Atlas Financial Holdings Announces Unaudited First Quarter 2022 Financial Results
Atlas Financial Holdings Announces Audited Year-End 2021 Financial Results
Atlas Financial Holdings Schedules 2021 Third Quarter Financial Results and Conference Call
Atlas Financial Holdings Announces New Independent Director
Atlas Financial Holdings Enters Into Agreement with Certain Holders of Senior Notes Related to Possible Extension of the Maturity Date; Raises Up to $3 Million Through Financing Agreement
Atlas Financial Holdings Announces Unaudited Second Quarter 2021 Financial Results
Atlas Financial Holdings Schedules 2021 Second Quarter Financial Results and Conference Call
Atlas Financial Holdings Schedules 2021 Second Quarter Financial Results and Conference Call
Atlas Financial Holdings Files 2020 Annual Report on Form 10-K