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Affirmative Insurance Holdings Inc. (AFFM)

-Other OTC
1.15 0.00(0.00%) Nov 26, 3:47PM EST
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Affirmative Insurance Holdings Inc.
4450 Sojourn Drive
Suite 500
Addison, TX 75001
United States - Map
Phone: 972-728-6300
Website: http://www.affirmativeholdings.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Property & Casualty Insurance
Full Time Employees:N/A

Business Summary 

Affirmative Insurance Holdings, Inc., through its subsidiaries, is engaged in designing, underwriting, and servicing non-standard personal automobile insurance policies for individual consumers in the United States. It offers liability-only policies, which comprise bodily injury liability coverage for insureds involved in accidents that cause bodily injury to others, and also provides them with a defense if others sue for covered damages; and property damage liability coverage for insureds involved in accidents that cause damage to another’s property. The company also provides full coverage policies, which include collision coverage for damage to the insured vehicle as a result of a collision with another vehicle or object; and comprehensive coverage for damages to the insured vehicle as a result of theft, hail, and vandalism. In addition, it distributes non-standard insurance policies underwritten by a county mutual insurance company. Affirmative Insurance Holdings, Inc. distributes its insurance policies through approximately 5,200 independent agents or brokers in Louisiana, Texas, California, Alabama, Illinois, Indiana, and Missouri, as well as through unaffiliated underwriting agencies. The company was formerly known as Instant Insurance Holdings, Inc. Affirmative Insurance Holdings, Inc. was founded in 1998 and is based in Addison, Texas.

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Key Executives 
 PayExercised
Mr. Michael J. McClure , 53
Chief Exec. Officer, Director and Chairman of Exec. Committee
1.12M0.00
Mr. Joseph G. Fisher , 45
Pres and Chief Operating Officer
701.00K0.00
Mr. Earl R. Fonville , 50
Chief Financial Officer, Chief Accounting Officer and Exec. VP
416.00K0.00
Gregory Kocek ,
Chief Information Officer
N/AN/A
Mr. John P. Killacky , 42
Exec. VP, Gen. Counsel and Sec.
N/AN/A
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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