About Conifer Insurance Company
Conifer Insurance Company is a company based in Birmingham (United States) founded in 2009 was acquired by Bishop Street Underwriters in September 2024.. The company has 9 employees as of December 31, 2024. Conifer Insurance Company offers products and services including Cannabis Insurance Program, Food and Beverage Insurance Program, Liquor Liability Insurance Program, and Workers’ Compensation Insurance Program. Conifer Insurance Company operates in a competitive market with competitors including Intact Ventures, ERS, Pension Insurance Corporation, Markerstudy Group and Syncora Holdings, among others.
- Headquarter Birmingham, United States
- Employees 9 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Conifer Holdings, Inc.
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Annual Revenue
$66.63 M-26.4as on Dec 31, 2024
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Net Profit
$24.35 M194.02as on Dec 31, 2024
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EBITDA
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Latest Funding Round
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Investors
Strength Capital
& 1 more
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Employee Count
9
as on Dec 31, 2024
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Acquired by
Bishop Street Underwriters
(Sep 05, 2024)
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IPO & Listings of Conifer Insurance Company
Conifer Insurance Company is a publicly listed company on the NASDAQ with ticker symbol CNFR in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Conifer Insurance Company
Conifer Insurance Company offers a comprehensive portfolio of products and services, including Cannabis Insurance Program, Food and Beverage Insurance Program, Liquor Liability Insurance Program, and Workers’ Compensation Insurance Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides coverage for cannabis industry risks and needs
Offers solutions for bars, restaurants, and related businesses
Delivers liability coverage for alcohol-related operations
Supports injury recovery and claims for workers
Funding Insights of Conifer Insurance Company
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2014 | Amount | Series A - Conifer Insurance Company | Valuation |
investors |
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| Dec, 2010 | Amount | Seed - Conifer Insurance Company | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Conifer Insurance Company
Conifer Insurance Company has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Strength Capital and Bishop Street Underwriters. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Strength Capital is engaged in private equity investments across industries.
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Founded Year | Domain | Location | |
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A platform for underwriting and insurance program management is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Conifer Insurance Company
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Conifer Insurance Company
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Conifer Insurance Company Comparisons
Competitors of Conifer Insurance Company
Conifer Insurance Company operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intact Ventures, ERS, Pension Insurance Corporation, Markerstudy Group and Syncora Holdings, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of property & casualty insurances
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| domain | founded_year | HQ Location |
ERS is recognized as a specialist motor insurer in the UK.
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| domain | founded_year | HQ Location |
Liability and pension insurance services are provided to clients.
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| domain | founded_year | HQ Location |
P&C insurance broker
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| domain | founded_year | HQ Location |
P&C insurance carrier
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| domain | founded_year | HQ Location |
Commercial property and casualty insurance is provided nationwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Conifer Insurance Company
Frequently Asked Questions about Conifer Insurance Company
When was Conifer Insurance Company founded?
Conifer Insurance Company was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Conifer Insurance Company located?
Conifer Insurance Company is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
How many employees does Conifer Insurance Company have?
As of Dec 31, 2024, the latest employee count at Conifer Insurance Company is 9.
What is the annual revenue of Conifer Insurance Company?
Annual revenue of Conifer Insurance Company is $66.63M as on Dec 31, 2024.
What does Conifer Insurance Company do?
Conifer Insurance Company was founded in 2009 and is headquartered in Birmingham, United States. Operations are centered on the property and casualty insurance sector, where coverage for risks such as property damage and liability is provided. Services are accessible through the domain coniferinsurance.com, supporting clients in various commercial and personal insurance needs within the U.S. market.
Who are the top competitors of Conifer Insurance Company?
Conifer Insurance Company's top competitors include Intact Ventures, Pension Insurance Corporation and ERS.
What products or services does Conifer Insurance Company offer?
Conifer Insurance Company offers Cannabis Insurance Program, Food and Beverage Insurance Program, Liquor Liability Insurance Program, and Workers’ Compensation Insurance Program.
Is Conifer Insurance Company publicly traded?
Yes, Conifer Insurance Company is publicly traded on NASDAQ under the ticker symbol CNFR.
Who are Conifer Insurance Company's investors?
Conifer Insurance Company has 2 investors. Key investors include Strength Capital, and Bishop Street Underwriters.
What is Conifer Insurance Company's ticker symbol?
The ticker symbol of Conifer Insurance Company is CNFR on NASDAQ.