Independence Holding Company
New York Stock ExchangeCapital Structure
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in mil. unless spec.Company Description
- CEO
- Roy Thung
- Full Time Employees
- 550
- Sector
- Financial Services
- Industry
- Insurance - Life
- Address
- 96 CUMMINGS POINT RD Stamford CT United States of America 06902
- IPO Date
- Jan 16, 1980
- CIK
- 0000701869
- Website
- ihcspecialtybenefits.com
- Similar Companies
- Business
- Independence Holding Company (NYSE: IHC), a holding company founded in 1980 and headquartered in Stamford, Connecticut, underwrites, administers and distributes group and individual specialty benefit insurance products including disability income protection, short-term medical, dental and vision plans; supplemental health products such as hospital indemnity, fixed indemnity, critical illness, accident medical and occupational accident coverage; group term life, accidental death and dismemberment, supplemental life, dependent life and Medicare supplement and advantage plans; and Affordable Care Act individual and small group health insurance through its subsidiaries comprising IHC Specialty Benefits, Inc., a technology-driven insurance agency serving producers, affinity groups and consumers nationwide. The company operates in all 50 states, Washington D.C., Puerto Rico and the U.S. Virgin Islands via carriers including Madison National Life Insurance Company, Inc. and Independence American Insurance Company, marketing products through general agents, independent brokers, call centers, digital platforms, advisors and its CMS-approved web broker INSXcloud. IHC completed a going-private merger with Geneve Acquisition Corp., an affiliate of Geneve Holdings, Inc., in February 2022, delisting from the NYSE and becoming an indirect wholly-owned subsidiary; sold Madison National Life Insurance Company to Horace Mann Educators Corporation effective January 2022; sold a controlling interest in its pet division including PetPartners and Independence American Holdings Corp. to Independence Pet Holdings in December 2021; and sold Standard Security Life Insurance Company of New York ahead of the merger, sharpening focus on core health, disability and life insurance distribution via IHC Specialty Benefits.
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