7.09
+1.72%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Presurance Holdings
From its filings with the US Securities and Exchange Commission
Presurance Holdings is based in Troy, Michigan and is incorporated in Michigan. Its shares trade on Nasdaq under the ticker PRHI. The SEC classifies its business as fire, marine & casualty insurance. In the fiscal year to 31 December 2025, it reported revenue of $43.3m and a net loss of $18.4m. At that date it held total assets of $239.3m and shareholders' equity of $9.0m.
On September 30, 2025, Conifer Holdings, Inc. changed its name to Presurance Holdings, Inc. On August 21, 2025, Conifer Insurance Company changed its name to Triassic Insurance Company.
Presurance Holdings, Inc. (Nasdaq: PRHI) is a Michigan‑domiciled insurance holding company formed in 2009. Our principal executive offices are located at 3001 West Big Beaver Road, Suite 319, Troy, MI 48084: telephone number: (248) 509-9202. Our corporate website address is www.prehld.com.
On February 27, 2026, the Company issued $14.0 million of common stock through a backstopped rights offering for 14,000,000 shares of common stock priced at $1.00 per share. A portion of the proceeds were used to redeem all of the $7.5 million of the Company's outstanding Series B Preferred Stock, described below. The remaining proceeds will be used for working capital and general corporate purposes.
Company issued 9,715,360 shares of common stock to the Backstop Purchasers. The gross cash proceeds received by the Company from the Backstop Commitment were approximately $2.2 million. All shares issued to the Backstop Purchasers in satisfaction of the Backstop Commitment were issued in a transaction pursuant to Section 4(a)(2) of the Securities Act of 1933.
Quoted from its 10-K, filed 27 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Insurance
- Listed since
- 13 Aug 2015
- Employees
- 109
- Website
- cnfrh.com ↗
- Head office
- 3001 WEST BIG BEAVER ROAD, TROY, MI, 48084
- Incorporated in
- MI
- Classification
- Fire, Marine & Casualty Insurance
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. J. Grant SmithIndependent Acting Chairman of the Board$50,000
- Mr. Brian RoneyPresident, Chief Executive Officer$757,550
- Mr. Harold MelocheChief Financial Officer, Treasurer$572,800
- Mr. Gerald HakalaIndependent Director$20,000
- Mr. Jeffrey HakalaIndependent Director$20,000
- Mr. Timothy LamotheIndependent Director$20,000
- Mr. John MelstromIndependent Director$20,000
- Ms. Isolde O'HanlonIndependent Director$45,000
- Mr. Joseph SarafaIndependent Director$20,000
- Mr. Richard WilliamsIndependent Director$20,000
- Ms. Jessica GulisIR Contact Officer, since 2023
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Conifer Holdings offers low-value dwelling insurance in Illinois, Indiana, and Texas.
- Commercial lines cover property, liability, and workers' compensation for businesses.
- Personal lines provide homeowners and dwelling fire insurance across multiple states.
Weaknesses
- Conifer Holdings has only 109 employees for a multi-state insurance operation.
- The company's IPO was in 2015, indicating limited recent growth.
- Wholesale agency business relies on subsidiaries for product distribution.
Opportunities
- Expanding low-value dwelling insurance into new states could increase market share.
- Growing demand for commercial property insurance in the US market presents opportunities.
- Personal lines insurance can be expanded to additional states beyond current coverage.
Threats
- Competition from larger insurers in the property and casualty sector is a constant threat.
- Economic downturns may reduce demand for non-essential insurance products.
- Regulatory changes in insurance markets could increase operational costs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.