AAME
- Atlantic American Corporation
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Overview
Company Summary
Atlantic American Corporation is a holding company that operates in the insurance and commercial real estate sectors. Through its subsidiaries, the company provides a variety of insurance products and services primarily in the southeastern United States.
In the insurance segment, the company offers life and health insurance coverage, including individual and group policies. These insurance products provide financial protection and risk management solutions to individuals and businesses. The company focuses on serving middle-income and lower-income individuals, as well as small to medium-sized businesses.
Atlantic American Corporation also operates in the commercial real estate sector through its subsidiary, American Southern Insurance Company. This subsidiary owns and manages properties that generate rental income. The company primarily invests in properties located within its core geographic areas of operation.
Being a holding company, Atlantic American Corporation manages and oversees its subsidiary businesses with the aim of maximizing their value and profitability. It provides strategic direction, capital allocation, and governance to its subsidiaries, ensuring they operate efficiently and effectively within their respective industries.
Overall, Atlantic American Corporation is involved in the provision of insurance coverage and risk management solutions to individuals and businesses, as well as investment in commercial real estate properties.