Business Summary
Atlas Financial Holdings, Inc. is a Cayman Islands-domiciled specialty insurance holding company that has undergone a significant strategic transformation from a traditional insurance carrier to a managing general agency (MGA) model, operating primarily through its wholly owned subsidiary Anchor Group Management, Inc. (AGMI). The company focuses on niche "light" commercial automobile insurance covering taxi cabs, limousine/livery operators, transportation network company (TNC) drivers, and other specialty business auto segments in the United States. As of the filing date, all wholly owned insurance carrier subsidiaries (American Country, American Service, Gateway, and Global Liberty) have been placed into liquidation, the company was delisted from Nasdaq, and a going concern notice was disclosed with doubt about capital sufficiency beyond April 2022; the company also filed a Chapter 15 bankruptcy petition in March 2022 in connection with a note restructuring.
Products & Services
- MGA underwriting and distribution management for commercial...
AI-generated summary of Item 1 (Business) from the 10-K filed Mar 31, 2022 — View filing on SEC.gov. May contain errors — refer to the filing for authoritative information.
Across SEC filings
Annual results · 10-K
Fiscal 2021- Revenue
- $4.8M
- Net loss
- -$5.7M
As reported in the fiscal 2021 annual report.