Atlas Financial Holdings, Inc. Appoints Wally Walker to its Board of Directors
June 12, 2017 at 02:15 pm
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Atlas Financial Holdings Inc. announced that it added an additional independent director, Mr. Wally Walker, to the company’s board. Mr. Walker served as a Vice President in Goldman, Sachs & Co.’s Private Client Services group from 1987 through 1994. In April 1994, Mr. Walker formed Walker Capital Inc., a San Francisco based money management firm. In September of that year, Mr. Walker became President and General Manager of the Seattle SuperSonics and also became President of the Seattle Storm beginning in 2001. He was President, Chief Executive Officer, and an owner of the teams until their sale in 2006. In late 2007, he formed Hana Road Capital LLC, where he remains its owner and Chief Investment Officer.
Atlas Financial Holdings, Inc. is a financial service holding company. The Companyâs primary business is generating, underwriting and servicing commercial automobile insurance policies in the United States. The Company focuses on a managing general agency (MGA) strategy, primarily through its wholly owned subsidiary, Anchor Group Management, Inc. (AGMI). AGMI focuses on a niche market orientation for the light commercial automobile sector. This sector includes taxi cabs, limousines, livery, full-time transportation network companies (TNC) drivers/operators, and other specialty commercial auto operators. Automobile insurance products provide insurance coverage in three major areas: liability, accident benefits and physical damage. The Company operates in one business segment: the Managing General Agency segment. The Companyâs subsidiaries include UBI Holdings Inc. (UBI Holdings), optOn Digital IP Inc. (OOIP) and optOn Insurance Agency Inc.