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Wednesday, December 16, 2009, 5:13PM ET - U.S. Markets Closed. Dow Down 0.10% Nasdaq Up 0.27%
Independence Holding Co. (IHC)At 4:00PM ET: 5.40  Down 0.08 (1.46%)  
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Independence Holding Co.
96 Cummings Point Road
Stamford, CT 06902
United States - Map
Phone: 203-358-8000
Fax: 203-348-3103
Web Site: http://www.independenceholding.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Life Insurance
Full Time Employees:624

BUSINESS SUMMARY 
Independence Holding Company, through its subsidiaries, engages in the life and health insurance business in the United States, the District of Columbia, the Virgin Islands, Guam, and Puerto Rico. The company underwrites excess or stop-loss insurance for self-insured employer groups; providers and managed care organizations, including provider hospital organizations, hospital groups, physician groups, and individual practice associations; and health maintenance organizations. It also provides group major medical insurance primarily to small employers; short-term medical plans for people with transient needs for health coverage; group dental/vision plans, which include indemnity and preferred provider organizations plans for employer groups and individuals; major medical plans for individuals and families; limited medical policies to hourly, part-time, and/or seasonal employees; and student accident and health insurance. In addition, the company offers group long-term and short-term disability; New York short-term disability; and group term life and annuities, including accidental death and dismemberment (AD&D), supplemental life and supplemental AD&D, and dependent life products. Further, it provides individual accident and health, annuities, individual life, single premium immediate annuities, disability income, accidental medical and death, and AD&D insurance for athletes, executives and entertainers, and miscellaneous insurance business, as well as blanket accident insurance. The company distributes its group term life insurance products through managing general underwriters, managed care organizations, general agents, brokers, and specialized general agents. It offers its disability and group life products to school districts, municipalities, hospital employer groups, and military personnel and civil service employees through managing general agents and independent general agents. The company was founded in 1980 and is headquartered in Stamford, Connecticut.
Key Statistics

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    CORPORATE GOVERNANCE 
    Independence Holding Co.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 30.9% of Russell 3000 companies and 31.1% of Insurance companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Roy T. K. Thung , 65
    Chief Exec. Officer, Pres
    $ 535.00K $ 380.00K
    Ms. Teresa A. Herbert , 47
    Chief Financial Officer, Principal Accounting Officer and Sr. VP
    $ 303.00K $ 129.00K
    Mr. David T. Kettig , 50
    Chief Operating Officer, Chief Admin. Officer, Chief Legal Officer, Sr. VP, Chief Admin. Officer of Standard Security and Sr. VP of Standard Security
    $ 366.00K $ 129.00K
    Mr. Bernon R. Erickson Jr., ASA, MAAA, 48
    Chief Health Actuary and Sr. VP
    $ 488.00K $ 0
    Mr. Larry R. Graber , 59
    Sr. VP of Life & Annuities, Director, Pres of Madison National Life Insurance Company Inc of Madison National Life Insurance Company Inc
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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