- The report contains detailed information about American Independence Corp. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
- Another part of the report is a SWOT-analysis carried out for American Independence Corp.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
- The American Independence Corp. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
- In the part that describes American Independence Corp. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
- Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of American Independence Corp. business.
About American Independence Corp.
American Independence Corp., through its subsidiaries, engages in the health insurance and reinsurance business in the United States. The company provides specialized health coverage and related services to commercial customers and individuals. It focuses on niche health products and/or narrowly defined distribution channels in the United States.
The companys wholly owned subsidiary, Independence American Insurance Company (Independence American), markets its products through its managing general underwriter and agency subsidiaries and through independent brokers, producers, and agents. Independence American is licensed to write property and/or casualty insurance in 49 states and the District of Columbia.
The company owns controlling interests in two managing general underwriter subsidiaries: Marlton Risk Group LLC (Marlton) and Risk Assessment Strategies, Inc. (RAS) (collectively referred to as MGUs). It also has a minority investment in Majestic Underwriters LLC (Majestic). The companys MGUs are responsible for marketing, underwriting, billing and collecting premiums, and, through an affiliate, administering and processing claims, and medical management.
Marlton markets and underwrites employer medical stop-loss and group life for Standard Security Life Insurance Company of New York (Standard Security Life), Independence American and two other carriers. RAS markets and underwrites employer medical stop-loss and group life for Standard Security Life, Madison National Life Insurance Company, Inc. (Madison National Life), Independence American and one other carrier. Standard Security Life and Madison National Life are wholly owned, indirect subsidiaries of Independence Holding Company. It also has a 51% ownership in HealthInsurance.org, LLC (HIO), an insurance and marketing agency, and a 51% ownership in Independent Producers of America, LLC (IPA) a career agent marketing organization.
The company underwrites and focuses on the following lines of business: medical excess or stop-loss; major medical for individuals and families; group major medical; short-term medical; limited medical; vision; and dental.
Medical Stop-Loss: Self-insured group major medical plans permit employers flexibility in designing employee health coverages at a cost that may be lower than that available through other health care plans provided by an insurer or managed care organizations (MCO). Employer medical stop-loss insurance provides coverage to public and private entities that elect to self-insure their employees' medical coverage for losses with in specified ranges, which permits such groups to manage the risk of excessive health insurance costs by limiting specific and aggregate losses to predetermined amounts. Standard Security Life, Madison National Life, and Independence American market employer medical stop-loss insurance nationally through a network of managing general underwriters (MGUs). In 2009, Independence American reinsured managed care excess coverages, including provider excess loss insurance and HMO Reinsurance. Independence American also has reinsured HMO Reinsurance coverage written by Standard Security Life.
Fully Insured Health: In 2009, Independence American reinsured a percentage of insured health business written by Standard Security Life and Madison National Life, including consumer-driven health plans (CDHPs). This group medical business, generally written through agents and brokers that receive commissions, is insured medical coverage designed to work with health reimbursement accounts (HRA) and health savings accounts (HSA). These plans are offered primarily as preferred provider organizations (PPO) plans, and provide various options, including deductibles, coinsurance and co-payment. In 2009, Independence American reinsured a percentage of short-term medical business written by Standard Security Life and Madison National Life.
Short-term Statutory Disability: Independence American reinsures a percentage of Standard Security Life's short-term statutory disability benefit product in New York State (DBL). DBL coverage provides temporary cash payments to replace wages lost as a result of disability due to non-occupational injury or illness. The DBL business is marketed primarily through independent general agents.
American Independence Corp. was founded in 1956.
The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.
1. AMERICAN INDEPENDENCE CORP. COMPANY PROFILE
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History
2. AMERICAN INDEPENDENCE CORP. BUSINESS OVERVIEW
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units
3. AMERICAN INDEPENDENCE CORP. SWOT ANALYSIS
4. AMERICAN INDEPENDENCE CORP. FINANCIAL ANALYSIS
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot
5. AMERICAN INDEPENDENCE CORP. COMPETITORS AND INDUSTRY ANALYSIS
5.1. American Independence Corp. Direct Competitors
5.2. Comparison of American Independence Corp. and Direct Competitors Financial Ratios
5.3. Comparison of American Independence Corp. and Direct Competitors Stock Charts
5.4. American Independence Corp. Industry Analysis
5.4.1. Insurance Industry Snapshot
5.4.2. American Independence Corp. Industry Position Analysis
6. AMERICAN INDEPENDENCE CORP. NEWS & EVENTS
6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events
7. AMERICAN INDEPENDENCE CORP. EXPERTS REVIEW1
7.1. Experts Opinion
7.2. Experts Estimates
8. AMERICAN INDEPENDENCE CORP. ENHANCED SWOT ANALYSIS2
9. UNITED STATES PESTEL ANALYSIS2
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors
10. AMERICAN INDEPENDENCE CORP. IFE, EFE, IE MATRICES2
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix
11. AMERICAN INDEPENDENCE CORP. PORTER FIVE FORCES ANALYSIS2
12. AMERICAN INDEPENDENCE CORP. VRIO ANALYSIS2
APPENDIX: RATIO DEFINITIONS
LIST OF TABLES
American Independence Corp. Key Facts
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
American Independence Corp. Key Executives
Key Executives Biographies1
Key Executives Compensations1
American Independence Corp. Major Shareholders
American Independence Corp. History
American Independence Corp. Products
Revenues by Segment
Revenues by Region
American Independence Corp. Offices and Representations
American Independence Corp. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
American Independence Corp. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
American Independence Corp. Capital Market Snapshot
American Independence Corp. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Insurance Industry Statistics
American Independence Corp. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
American Independence Corp. Consensus Recommendations1
Analyst Recommendation Summary1
Price Target Summary1
Experts Recommendation Trends1
Revenue Estimates Analysis1
Earnings Estimates Analysis1
Revenue Estimates Trend1
Earnings Estimates Trend1
LIST OF FIGURES
American Independence Corp. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
American Independence Corp. 1-year Stock Charts
American Independence Corp. 5-year Stock Charts
American Independence Corp. vs. Main Indexes 1-year Stock Chart
American Independence Corp. vs. Direct Competitors 1-year Stock Charts
American Independence Corp. Article Density Chart
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.
Enhanced SWOT Analysis
- How to use the strengths to take advantage of the opportunities?
- How to use the strengths to reduce likelihood and impact of the threats?
- How to overcome the weaknesses that obstruct taking advantage of the opportunities?
- How to overcome the weaknesses that can make the threats a reality?
Key Factors Examined by PESTEL Analysis:
- Legal – What laws and legislation will exert influence on the style the business is carried out?
IFE, EFE, IE Matrices
Porter Five Forces Analysis
- What composes a threat of substitute products and services?
- Is there a threat of new competitors entering the market?
- What is the intensity of competitive rivalry?
- How big is the bargaining power of buyers?
- How significant is the bargaining power of suppliers?
- Tangible resources
- Intangible resources
- Innovation and Creativity
- Organizational capabilities
- Costly to imitate?
- Organized properly?