BNET Industries
Last Fiscal Year Sales:$238.1M
- Public
- US
Dow Jones Description
Founded in 1978 and headquartered in Westerville, OH, ProCentury Corp. (NASDAQ: PROS) markets and underwrites insurance products. The company offers general liability, commercial property, multi-peril insurance and garage liability policies. It targets small and mid-sized businesses. It also offers reinsurance services. Most operations are conducted through subsidiary, Century Surety Company. The company had 2005 revenue of about $191.8 million and employs about 295 people. In 2005, it acquired an admitted company, giving it the capability to expand and enter new markets that require admitted status. The new subsidiary, ProCentury Insurance Company, is a strategic complement to Century Surety Company, and gives it the flexibility to offer insurance solutions to a larger segment of the specialty insurance market.
Chairman, President and Chief Executive Officer
Edward F. FeighanNumber of Employees 323
Peer Companies
NAICS Code Other Direct Insurance (except Life, Health, and Medical) Carriers: 524128
News & Analysis
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procentury corp. - All News and Analysis
A.M. Best Withdraws Rating of ProCentury Corporation
OLDWICK, N.J. -- A.M. Best Co. has withdrawn the issuer credit rating of "bbb-" of ProCentury Corporation ProCentury (Westerville, OH). This rating action is due to the completion of the merger of ProCentury and MBKPC Corp. Merger Sub, a subsidiary of Meadowbrook Insurance Group, Inc. Meadowbrook (Southfield, MI) (NYSE:...
ProCentury Corporation Q4 2007 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Our first question comes from David Lewis - Raymond James. David Lewis - Raymond James I think you indicated that roughly your average rate reduction, both new and renewal, for the first nine months are down 5.1%. Your core book’s...
Insurer ProCentury's IPO Ends Five-Year Drought of Offerings in Central Ohio.
By Barnet D. Wolf, The Columbus Dispatch, Ohio Knight Ridder/Tribune Business News Apr. 23--Central Ohio's five-year stock-offering drought came to an end this week when shares issued by Westerville insurance company ProCentury began trading on the Nasdaq Stock Market. ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Charles D. Hamm | CFO |
| Erin E. West | CFO & Treasurer |
| Greg D. Ewald | Senior Vice President |
| Steve Martindale | Vice President, Corp Governance |
| Scott Murray | Director, Investor Relations |
| Michael J. Endres | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Edward F. Feighan | Chairman, President and Chief Executive Officer |
| Alan R. Weiler | Board of Directors |
| Christopher J. Timm | Board of Directors |
| Jeffery A. Maffett | Board of Directors |
| Robert F. Fix | Board of Directors |
| Robert J. Woodward Jr. | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Century Insurance Group | Chairman, President and CEO | Current |
| ProCentury Corp. | Chairman, President and Chief Executive Officer | Current |
| Century Surety Company Inc. | Chairman and Chief Executive Officer | Former |
| Alliance Financial Corporation | Managing Partner | Former |
| Loyola University | Undergraduate Degree | Former |
| Ohio House of Representatives | Member | Former |
| United States House of Representatives | Member | Former |
| Organization | Position | Status |
|---|---|---|
| ProCentury Corp. | CFO | Current |
| ProCentury Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| ProCentury Corp. | CFO & Treasurer | Current |
| Otterbein College | B.A. in Business Administration and Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| ProCentury Corp. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| ProCentury Corp. | Vice President, Corp Governance | Current |
| Organization | Position | Status |
|---|---|---|
| ProCentury Corp. | Director, Investor Relations | Current |
| ProCentury Corp. | Director, Investor Relations | Former |
| Organization | Position | Status |
|---|---|---|
| ProCentury Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Century Surety Company Inc. | President & COO | Current |
| ProCentury Corp. | Board of Directors | Current |
| Century Insurance Group | President & COO | Former |
| ProCentury Corp. | Executive Vice President | Former |
| ProCentury Corp. | Secretary | Former |
| Loyola University Chicago | B.S. in Biology | Former |
| Organization | Position | Status |
|---|---|---|
| ProCentury Corp. | Board of Directors | Current |
Michael J. Endres is a managing principal of Stonehenge Financial Holdings, Inc., a private equity firm that he co-founded in 1999. Prior to joining Stonehenge, Mr. Endres was vice chairman of Banc One Capital Holdings Corporation and chairman of Banc One Capital Partners. Mr. Endres serves as a director of Huntington Bancshares, Inc., Worthington Industries and ProCentury Corporation. He holds a Bachelor of Science degree from Miami University in Oxford, Ohio.
| Organization | Position | Status |
|---|---|---|
| The Stonehenge Company | Founder | Current |
| Stonehenge Financial Holdings | Partner | Current |
| OhioHealth | Director | Current |
| Rp&C International Limited | Board of Directors | Current |
| Worthington Industries, Inc. | Director | Current |
| Tim Hortons Inc. | Director | Current |
| Huntington Bancshares, Inc. | Board of Directors | Current |
| Somethingisbrewing | Director | Current |
| ProCentury Corp. | Director | Current |
| Rotan Mosle, Inc. | Senior Vice President | Former |
| Stonehenge Financial Holdings | Co-Founder | Former |
| The Stonehenge Company | Principal | Former |
| Stonehenge Financial Holdings | Managing Principal | Former |
| Bank One Corp | Former | |
| Rotan Mosle, Inc. | Director | Former |
| Miami University | Bachelor of Science Degree | Former |
| Organization | Position | Status |
|---|---|---|
| ProCentury Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| ProCentury Corp. | Board of Directors | Current |
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