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Hallmark Financial Services, Inc. (HALL)

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Hallmark Financial Services, Inc.

777 Main Street
Suite 1000
Fort Worth, TX 76102
United States
817-348-1600
http://www.hallmarkgrp.com

SectorFinancial
IndustryProperty & Casualty Insurance
Full Time Employees420

Key Executives

NameTitlePayExercisedAge
Mr. Mark E. SchwarzExec. Chairman209.41kN/A57
Mr. Naveen AnandChief Exec. Officer and Pres513.02kN/A50
Mr. Jeffrey R. PassmorePrincipal Financial Officer, Chief Accounting Officer, Sr. VP and Sec.250.23kN/A49
Mr. Tarek N. TimolChief Information Officer and Sr. VPN/AN/AN/A
Ms. Kimberly DavisVP of LegalN/AN/AN/A
Amounts are as of December 31, 2016 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.

Description

Hallmark Financial Services, Inc., through its subsidiaries, underwrites, markets, distributes, and services property/casualty insurance products to businesses and individuals in the United States. The company operates in the Standard Commercial, Specialty Commercial, and Personal segments. The Standard Commercial segment offers standard commercial lines of insurance products primarily in the non-urban areas of Texas, New Mexico, Idaho, Oregon, Montana, Washington, Utah, Wyoming, Arkansas, Hawaii, and Missouri. Its products include commercial automobile, general liability, umbrella, commercial property, commercial multi-peril, and business owner’s insurance products. The Specialty Commercial segment markets, underwrites, finances, and services commercial lines of insurance products. Its products consist of commercial automobile, general liability, commercial property, commercial excess liability, and commercial umbrella insurance products. This segment also offers general aviation property/casualty insurance, such as aircraft insurance, airport liability insurance, and satellite launch and in-orbit coverage insurance products, as well as provides medical professional liability insurance products. The Personal segment provides personal automobile and renters insurance products. The company markets its insurance products through independent general agents, retail agents, and specialty brokers. Hallmark Financial Services, Inc. was founded in 1987 and is headquartered in Fort Worth, Texas.

Corporate Governance

Hallmark Financial Services, Inc.’s ISS Governance QualityScore as of September 1, 2017 is 1. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.