Conifer Announces Commercial Lines Capacity Partnership With Accelerant

4/4/24 10:06:39 AM ET

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Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer") today announced commencement of a capacity relationship with Accelerant, a data-driven risk exchange, connecting underwriters of specialty insurance risk with risk capital providers. Accelerant holds a financial strength rating of "A-" (Excellent) from A.M. Best.

By leveraging Accelerant's Risk Exchange, including its analytics platform, Conifer aims to improve risk assessment, thereby enhancing its underwriting process to deliver tailored specialty insurance products to its niche commercial clients.

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TROY, Mich., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the third quarter ended September 30, 2024. This quarter, the Company reported a $61 million gain on the sale of its insurance agency operations, completed in August of this year, along with an adjusted operating loss of over $7 million in the period. Third Quarter 2024 Financial Highlights $61 Million gain on sale of insurance agency operationsAdjusted operating loss of $7.4 million or ($0.60) a shareNet income of $53.3 million for the period Management Comments Brian Roney, CEO of Conifer, commented, "Third quarter results reflect the successfu
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Conifer Announces Commercial Lines Capacity Partnership With Accelerant

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$CNFR Insider Trading

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New insider Smith James Grant claimed no ownership of stock in the company (SEC Form 3)

Hakala Jeffrey Anthony bought $6,000,000 worth of Series A Preferred Stock (1,000 units at $6,000.00) (SEC Form 4)

Hakala Gerald W bought $6,000,000 worth of Series A Preferred Stock (1,000 units at $6,000.00) (SEC Form 4)

$CNFR SEC Filings

Conifer Holdings Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-Q filed by Conifer Holdings Inc.

Amendment: Conifer Holdings Inc. filed SEC Form 8-K: Financial Statements and Exhibits

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Conifer Holdings Reports 2024 Third Quarter Financial Results

Conifer Holdings Reports 2024 Second Quarter Financial Results

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Conifer Holdings Reports 2024 Third Quarter Financial Results

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Bishop Street Underwriters Acquires Conifer Insurance Services