Welcome to
American Independence Corp. |
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American Independence Corp. (NASDAQ: AMIC) is an insurance holding company specializing in health insurance. We are comprised of an insurance company, Independence American Insurance Company (“Independence American”), a brokerage organization, Independent Producers of America, and a general underwriter (“MGU”) division. Our MGU Division consists of: IndependenceCare, Marlton Risk Group, and Risk Assessment Strategies.
AMIC is headquartered at 485 Madison Avenue, New York, New York. Since November 2002, AMIC has been affiliated with Independence Holding Company (NYSE : IHC), which owns 48 percent of AMIC’s stock. IHC’s senior managers (who also manage AMIC) have been recognized as innovators in the insurance industry for over 40 years. |
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MGU Division |
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| IndependenceCare is a managing general underwriter located in Minneapolis, Minnesota. The company was formed in 1998 to underwrite managed care risk and employer medical stop-loss insurance products. IndependenceCare is known for providing its clients with "Bottom-Line Solutions" that protect and enhance their financial position. |
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| Marlton Risk Group is located in Voorhees, New Jersey (near Philadelphia). Marlton has been specializing in employer medical stop-loss since its inception in 1993 and joined the AMIC Insurance Group in 2003. Marlton maintains a superior reputation in the industry for underwriting quality and service. |
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| Risk Assessment Strategies is located near Hartford, Connecticut in South Windsor, Connecticut. RAS has specialized in employer medical stop-loss since its founding in 1992. RAS is a highly regarded provider of stop-loss known for its flexibility and creativity. |
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Independent Producers of America |
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| IPA provides quality health insurance products that are specifically tailored to meet the benefit and budget needs of middle-income America. Products include HSA-qualified high-deductible health plans, major medical insurance, simplified medical issue plans, short-term medical and additional health, life and critical illness products that meet nearly every price point. |
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Insurance Company Division |
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Independence American is an insurance company domiciled in Delaware and currently licensed in 49 states and the District of Columbia. It is rated "A- (Excellent)" by A.M. Best Company.
Independence American writes fully insured health plans for individuals, families and small employers. It also specializes in medical stop-loss and managed care. |
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