Kemper Corporation (NYSE: KMPR) is a prominent American insurance holding company that operates primarily in the property and casualty (P&C) and life insurance markets. The company's core business is its Specialty Property & Casualty Insurance segment, which accounts for approximately 85% of its consolidated premiums. This segment focuses on non-standard personal automobile insurance and commercial vehicle coverage, targeting customers who may have difficulty obtaining standard insurance. Kemper also operates a Life Insurance segment, which provides individual life, accident, and supplemental health insurance products, contributing around 8% of total premiums. The company previously operated a Preferred Property & Casualty segment, which it has been running off to concentrate capital on its more profitable specialty lines. Kemper distributes its specialty P&C products through a widespread network of independent agents and brokers, while its life products are sold by career agents. The company's strategic focus on the specialty auto market, particularly its acquisitions aimed at serving the Hispanic community and non-standard drivers, positions it as a major player in a highly specialized niche of the U.S. insurance industry.
