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Independence Holding Company (IHC)

New York Stock Exchange Consolidated Issue - Nasdaq Real Time Price. Currency in USD
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20.95-0.35 (-1.64%)
As of 2:14PM EDT. Market open.
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Independence Holding Company

96 Cummings Point Road
Stamford, CT 06902
United States
203-358-8000
http://www.ihcgroup.com

SectorFinancial
IndustryLife Insurance
Full Time Employees270

Key Executives

NameTitlePayExercisedAge
Mr. Roy T. K. ThungChairman, Chief Exec. Officer and Pres4.54MN/A73
Ms. Teresa A. HerbertChief Financial Officer, Sr. VP and Director936.28kN/A55
Mr. David T. KettigChief Operating Officer, Exec. VP, Acting Gen. Counsel and Director1.17M45.18k58
Mr. Gary J. BalzofioreCorp. VP of Accounting and Fin.900.96kN/A59
Mr. Larry R. GraberChief Life & Annuity Actuary, Sr. VP and Director471kN/A67
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

Independence Holding Company, through its subsidiaries, engages in life and health insurance business in the District of Columbia, the Virgin Islands, and Puerto Rico. The company’s dental portfolio includes indemnity and PPO plans for employer groups of two or more lives, and for individuals within affinity groups; vision plans that offer a flat reimbursement amount for exams and materials; and short-term medical products for people with temporary needs for health coverage. It also provides supplemental products, including hospital indemnity, fixed indemnity limited benefit, critical illness, accident medical coverage, and life insurance products to individuals and families; and pet insurance and occupational accident insurance products. In addition, the company offers group long-term and short-term disability products to employers that provide benefit to their employees; New York short-term disability plan that offers temporary cash payments to replace wages lost; group term life products, such as group term life, accidental death and dismemberment (AD&D), supplemental life and AD&D, and dependent life products; and reinsurance products. It markets its products through independent and affiliated brokers, producers, and agents. The company was founded in 1980 and is headquartered in Stamford, Connecticut. Independence Holding Company is a subsidiary of Geneve Corporation.

Corporate Governance

Independence Holding Company’s ISS Governance QualityScore as of August 1, 2017 is 8. The pillar scores are Audit: 10; Board: 9; Shareholder Rights: 3; Compensation: 7.

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.