Christine Schmitt - ICC Holdings Independent Director

ICCH Stock  USD 15.95  0.05  0.31%   

Director

Ms. Christine C. Schmitt is an Independent Director of ICC Holdings, Inc. Ms. Schmitt is Senior Vice President and CFO of Merchants Insurance Group in Buffalo, NY, a provider of property and casualty insurance products for commercial and personal lines. From 2016 to 2018 she served as CFO North America Insurance Operations of AmTrust North America, a previously publicly traded company and provider of specialty property and casualty insurance sold throughout the United States and Internationally with over 20 billion in assets. She oversaw financial management reporting and systems for the 25 North America insurance companies. From 2012 to 2016, she was Treasurer and Controller for Fidelity Guaranty Life Insurance Company. From 2011 to 2015, she also served as a director and Chair of the Audit Committee of Michigan Millers Mutual Insurance Company. Ms. Schmitt previously served as Senior Vice President CFO for FinCor Holdings, Inc., a medical professional liability insurance company, and MEEMIC Insurance Company, a personal lines insurance company, and was an audit manager at PricewaterhouseCoopers LLP. She is a Certified Public Accountant and Chartered Global Management Accountant and is a member of Financial Executives International, National Association for Female Executives, American Institute of CPAs and Michigan Association of CPAs since 2015.
Age 61
Tenure 9 years
Address 225 20th Street, Rock Island, IL, United States, 61201
Phone309 793 1700
Webhttps://ir.iccholdingsinc.com
Schmitt has a BS, Business Administration, Accounting major, from Wayne State University. The financial acumen that Ms. Schmitt obtained through her insurance industry experience and service on other corporate boards were attributes important in qualifying her for service as a member of the Board of Directors.

ICC Holdings Management Efficiency

The company has return on total asset (ROA) of 0.0177 % which means that it generated a profit of $0.0177 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0668 %, meaning that it created $0.0668 on every $100 dollars invested by stockholders. ICC Holdings' management efficiency ratios could be used to measure how well ICC Holdings manages its routine affairs as well as how well it operates its assets and liabilities. The ICC Holdings' current Return On Capital Employed is estimated to increase to 0.43, while Return On Tangible Assets are projected to decrease to 0.02. As of now, ICC Holdings' Intangibles To Total Assets are decreasing as compared to previous years.
The company currently holds 15 M in liabilities with Debt to Equity (D/E) ratio of 0.24, which may suggest the company is not taking enough advantage from borrowing. ICC Holdings has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist ICC Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, ICC Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ICC Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ICC to invest in growth at high rates of return. When we think about ICC Holdings' use of debt, we should always consider it together with cash and equity.

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ICC Holdings, Inc., together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. ICC Holdings, Inc. was founded in 1950 and is headquartered in Rock Island, Illinois. Icc Holdings operates under InsuranceSpecialty classification in the United States and is traded on NASDAQ Exchange. It employs 89 people. ICC Holdings (ICCH) is traded on NASDAQ Exchange in USA. It is located in 225 20th Street, Rock Island, IL, United States, 61201 and employs 105 people. ICC Holdings is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

ICC Holdings Leadership Team

Elected by the shareholders, the ICC Holdings' board of directors comprises two types of representatives: ICC Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ICC. The board's role is to monitor ICC Holdings' management team and ensure that shareholders' interests are well served. ICC Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ICC Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Scott Burgess, Independent Director
John Klockau, Independent Director
Julia Suiter, Chief Legal Officer
Kathleen Springer, Director of Human Resources
Rickey Plunkett, Director of Claims
Gerald Pepping, Chairman of the Board and Director
Daniel Portes, Independent Director
Norman Schmeichel, CIO, Vice President
Howard Beck, Chief Underwriting Officer
Mark Schwab, Independent Director
Christine Schmitt, Independent Director
Joel Heriford, Independent Director
Arron Sutherland, President CEO, Director
Michael Smith, CFO VP
Kevin Clinton, Independent Director
James Dingman, Independent Director

ICC Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ICC Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether ICC Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ICC Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Icc Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icc Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICC Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in ICC Stock please use our How to Invest in ICC Holdings guide.
Note that the ICC Holdings information on this page should be used as a complementary analysis to other ICC Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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When running ICC Holdings' price analysis, check to measure ICC Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICC Holdings is operating at the current time. Most of ICC Holdings' value examination focuses on studying past and present price action to predict the probability of ICC Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICC Holdings' price. Additionally, you may evaluate how the addition of ICC Holdings to your portfolios can decrease your overall portfolio volatility.
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Is ICC Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICC Holdings. If investors know ICC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Earnings Share
1.43
Revenue Per Share
28.146
Quarterly Revenue Growth
0.087
Return On Assets
0.0177
The market value of ICC Holdings is measured differently than its book value, which is the value of ICC that is recorded on the company's balance sheet. Investors also form their own opinion of ICC Holdings' value that differs from its market value or its book value, called intrinsic value, which is ICC Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICC Holdings' market value can be influenced by many factors that don't directly affect ICC Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if ICC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICC Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.