Kingsway Financial Services Inc. (KFS)

8.63 +0.20 (+2.37%) At close: 04:00PM EDT

Kingsway Financial Services Inc.

10 S. Riverside Plaza
Suite 1520
Chicago, IL 60606
United States
312 766 2138
https://kingsway-financial.com

Sector(s): Consumer Cyclical
Industry: Auto & Truck Dealerships
Full-time employees: 397

Key executives

Name	Title	Pay	Exercised	Year born
Mr. John Taylor-Maloney Fitzgerald	President, CEO & Director	610.19k	N/A	1971
Mr. Kent A. Hansen	Executive VP & CFO	467.06k	N/A	1972
Mr. Adam Prior	Senior Vice President, Equity Group Inc.	N/A	N/A	N/A
Ms. Leonia Rodrigues	President of Assigned Risk Solutions Ltd	451.61k	N/A	1968
Mr. Douglas Neil Raucy	CEO of Maison Insurance Company & President of Maison Insurance Company	N/A	N/A	1957
Mr. Stephen Joe Harrison	President of Mendota Insurance Company	N/A	N/A	1952

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Kingsway Financial Services Inc., through its subsidiaries, engages in the extended warranty and business services in the United States. The company operates through two segments, Extended Warranty and Kingsway Search Xcelerator. The Extended Warranty segment markets, sells, and administers vehicle service agreements and related products for new and used automobiles, motorcycles, and ATVs. This segment also markets and distributes warranty products to manufacturers, distributors, and installers of heating, ventilation and air conditioning, standby generator, commercial LED lighting, and commercial refrigeration equipment; and provides equipment breakdown and maintenance support services to companies, as well as after-market vehicle protection services. The Kingsway Search Xcelerator offers outsourced finance and human resources consulting services, including operational accounting, such as bookkeeping, accounting, financial reporting, and analysis and strategic finance services; technical accounting comprising initial public offerings, Securities and Exchange Commission reporting, and international consolidation services; human resources, workforce management, and compliance support services; and advisory services. This segment also provides financial executive services for project and interim staffing engagements; search services for permanent placements; healthcare staffing services to acute healthcare facilities for short-term and day-to-day needs of hospitals; software products for the management needs of all types of shared-ownership properties; and fully managed outsourced cardiac telemetry services, as well as provides mobile monitors to the hospitals. The company offers its products and services through credit unions and dealers. Kingsway Financial Services Inc. was incorporated in 1989 and is headquartered in Chicago, Illinois.

Corporate governance

Kingsway Financial Services Inc.’s ISS governance QualityScore as of 1 April 2024 is 7. The pillar scores are Audit: 10; Board: 4; Shareholder rights: 5; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.