American Independence Corp. (AMIC)

[Penny Roger$]

American Independence Corp. (AMIC) is a holding company principally engaged in health insurance and reinsurance. AMIC provides specialized health coverage and related services to commercial customers and individuals. The Company’s wholly owned subsidiary, Independence American Insurance Company, markets its products through AMIC’s managing general underwriter and agency subsidiaries and through independent brokers, producers and agents. It owns controlling interests in two managing general underwriter subsidiaries: Marlton Risk Group LLC and Risk Assessment Strategies, Inc. (RAS). During the year ended December 31, 2010, AMIC owned another managing general underwriter, IndependenceCare Underwriting Services Minneapolis, L.L.C. Marlton, IndependenceCare and RAS are collectively referred to as its MGUs. Its MGUs are responsible for marketing and underwriting their medical stop-loss business. During 2010, AMIC formed a stop-loss sales office, IHC Risk Solutions - IIG (IIG).

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