Atlas Financial Holdings, Inc.
AFHIQ
Other OTC0.20
USD
+0.01
- -
CIK
0001539894
CUSIP
G06207115
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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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
- CIK
- 0001539894
- Website
- atlas-fin.com
- Similar Companies
- Business
- Atlas Financial Holdings, Inc. is a specialized commercial automobile insurance underwriter operating primarily in the United States. The company focuses on niche segments within the light commercial automobile market, providing insurance products for vehicles such as taxi cabs, limousine and livery services, non-emergency para-transit vehicles, and business autos. Its core insurance offerings include liability coverage, accident benefits, and physical damage protection. Distribution of these insurance products is conducted through a network of retail independent agents. Founded in 2007 and headquartered in Boca Raton, Florida, Atlas targets owner-operators, small fleets, and drivers operating within traditional commercial automobile sectors as well as gig-economy drivers engaged through transportation network companies, supported by proprietary mobile app-based ecosystems. In recent developments, Atlas Financial Holdings has undergone significant corporate restructuring focused on enhancing financial flexibility and transitioning towards managing general agent and insurtech platforms. This includes a successful senior notes restructuring and securing a $3 million credit facility to support ongoing operations. Additionally, governance enhancements were made with the appointment of independent directors to the Board, aiding strategic shifts towards business growth and expanded insurtech initiatives. The company continues to leverage its specialized commercial insurance expertise to recover and expand in target markets, emphasizing the growth of ride-sharing insurance products and policies amid evolving market demands. Atlas Financial Holdings operates exclusively within the insurance industry, serving commercial transportation sectors in various U.S. states. It is distinct from other entities named Atlas Holdings which operate in diversified industrial and financial services sectors. The company’s ongoing focus is on commercial auto insurance with a strong niche orientation enabled by technology-driven underwriting and customer-centric service models that address the complexities of commercially licensed drivers and fleets in the gig economy and traditional commercial sectors.