The estimated Net Worth of Ronald I Simon is at least $3 Million dollars as of 14 September 2023. Mr. Simon owns over 6,199 units of Independence Co stock worth over $2,806,203 and over the last 14 years he sold IHC stock worth over $40,160. In addition, he makes $150,025 as Independent Director at Independence Co.
Ronald has made over 22 trades of the Independence Co stock since 2010, according to the Form 4 filled with the SEC. Most recently he exercised 6,199 units of IHC stock worth $353,405 on 14 September 2023.
The largest trade he's ever made was exercising 6,199 units of Independence Co stock on 14 September 2023 worth over $353,405. On average, Ronald trades about 1,243 units every 97 days since 2010. As of 14 September 2023 he still owns at least 49,223 units of Independence Co stock.
You can see the complete history of Mr. Simon stock trades at the bottom of the page.
Ronald I. Simon serves as Independent Director of the Company. Since November 2016, a director of IHC; since November 2017, a member of the Audit Committee of IHC; from January 2003 to August 2016, Chairman of the Compensation Committee of AMIC; from January 2005 to August 2016, a member of the Audit Committee of AMIC; from 2011 to August 2016, Chairman of the Audit Committee of AMIC; since August 2007, a director and member of the Audit and Compensation Committees, and Chairman of the Corporate Governance Committee, of Ellington Financial, Inc., a REIT specializing in acquiring and managing mortgage-related assets; since May 2013, a director and member of the Audit and Compensation Committees, and Chairman of the Corporate Governance Committee, of Ellington Residential Mortgage REIT.
As the Independent Director of Independence Co, the total compensation of Ronald Simon at Independence Co is $150,025. There are 12 executives at Independence Co getting paid more, with Roy Thung having the highest compensation of $3,241,260.
Ronald Simon is 81, he's been the Independent Director of Independence Co since 2016. There are no older and 13 younger executives at Independence Co.
Ronald's mailing address filed with the SEC is 96, Cummings Point Road, Dolphin Cove, Stamford, Fairfield County, Connecticut, 06902, United States.
Over the last 20 years, insiders at Independence Co have traded over $4,319,184 worth of Independence Co stock and bought 409,761 units worth $4,540,860 . The most active insiders traders include Roy T K Thung, Adam C Vandervoort, and Steven B Lapin. On average, Independence Co executives and independent directors trade stock every 37 days with the average trade being worth of $715,590. The most recent stock trade was executed by Teresa A Herbert on 5 December 2021, trading 70,034 units of IHC stock currently worth $2,243,189.
Independence Holding Company, formed in 1980, is a holding company that is principally engaged in underwriting, administering and/or distributing group and individual specialty benefit products, including disability, supplemental health, pet, and group life insurance through its subsidiaries (Independence Holding Company and its subsidiaries collectively referred to as 'The IHC Group'). The IHC Group consists of three insurance companies (Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company). Company also owns the following agencies: (i) PetPartners, Inc.; (ii) IHC Specialty Benefits, Inc., a technology-driven full-service marketing and distribution company that focuses on small employer and individual consumer products through its call center, career agents, and Independence Brokerage Group; and (iii) The INSX Cloud Platform through My1HR, company's wholly owned Web Based Entity. Its InsureTech division is comprised of company's call centers, field and career agents, in-house MarTech artificial intelligence capabilities and domains, including www.healthedeals.com; www.healthinsurance.org; www.medicareresources.org; www.petplace.com; and www.mypetinsurance.com.
Independence Co executives and other stock owners filed with the SEC include: