Presurance Holdings, Inc 8-K, filed Jan 17, 2024
Presurance Holdings, Inc. (PRHI)
About this 8-K
Presurance Holdings, Inc filed this 8-K on January 17, 2024, reporting on events of January 12, 2024.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officer; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 12, 2024, the Board of Directors of Conifer Holdings, Inc. (the "Company") appointed Isolde G. O'Hanlon to Acting Board Chair, effective immediately. Ms. O'Hanlon has served on the Company's Board of Directors since 2017.
Also on January 12, 2024, the Board of Directors of the Company increased the size of the Board of Directors to 10 members and appointed J. Grant Smith to the Board of Directors of the Company, effective immediately. Mr. Smith was appointed to the class of directors whose terms expire at the 2024 annual meeting of shareholders. There are no material transactions between Mr. Smith and the Company or any other person.
On January 17, 2024, the Company issued a press release announcing Ms. O'Hanlon's appointment as Acting Board Chair, and Mr. Smith's appointment as a director. A copy of the press release is attached as an exhibit hereto.
Item 9.01. Financial Statements and Exhibits. |
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Exhibit 99.1 |
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Exhibit 104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Conifer Holdings Inc. |
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Date: January 17, 2024 |
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By: |
/s/ BRIAN J. RONEY |
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Brian J. Roney |
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President |
News Release
For Further Information:
Jessica Gulis, 248.559.0840
ir@cnfrh.com
For Immediate Release
Conifer Holdings Names New Board Chair; Appoints New Director
Troy, MI, January 17, 2024 - Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) announced today that its Board of Directors has named Isolde G. O’Hanlon to the role of Acting Board Chair, effective immediately. Ms. O’Hanlon was elected to the Conifer Board of Directors in 2017. She has served as Chair of the Audit Committee since March 2019, and also serves as a member of the Compensation Committee and the Finance & Investment Committee.
Ms. O’Hanlon has more than 25 years in the Insurance Investment Banking field. She has extensive experience in providing advice and capital raising to specialty property casualty carriers, insurance distribution firms and advising public pension funds and private equity on investments in the Insurance Industry. Ms. O’Hanlon graduated with an AB in Economics from Smith College.
The Company also announced that J. Grant Smith has been elected to serve on the Company’s Board of Directors. With the addition of Mr. Smith, Conifer’s Board of Directors increases to ten members.
Mr. Smith currently serves as the President and Chief Operating Officer for Waterford Bank, N.A. Mr. Smith executed the successful merger of Clarkston Financial Corporation and its wholly owned subsidiary Clarkston State Bank in January 2020 with Waterford Bancorp.
During his first three years as President and CEO, Mr. Smith designed and implemented the turnaround plan for the Corporation, which ultimately resulted in the recapitalization of the Corporation and achieved record profitability and performance results post-recession. Mr. Smith received his B.B.A. in Finance and M.S. in Corporate Finance from Walsh College in Troy.
About the Company
Conifer Holdings, Inc. is a Michigan-based property and casualty holding company. Through its subsidiaries, Conifer offers specialty insurance coverage for both commercial and personal lines, marketing through independent agents in all 50 states. The Company is traded on the Nasdaq Global Market under the symbol CNFR. Additional information is available on the Company's website at IR.CNFRH.com.