KEMPER Business Summary

Kemper Corporation (KMPB) is a specialized insurance holding company that generates revenue primarily through earned premiums and net investment income across its two core business segments: Specialty Property & Casualty Insurance and Life Insurance. The Specialty P&C segment, which accounts for approximately 85% of consolidated premiums, focuses on specialty personal and commercial automobile insurance, particularly within the non-standard and underserved market niches. The Life Insurance segment provides individual life, supplemental accident, and health insurance products through a dedicated network of career agents. Kemper competes directly with major industry players such as GEICO, Progressive, Assurant, and The Hartford, positioning itself as a high-touch, niche-focused provider that leverages deep underwriting expertise in specialty risks to serve populations often overlooked by larger, diversified carriers. Originally founded in 1912 by James S. Kemper as the Lumbermens Mutual Casualty Company, the firm is currently led by Interim President and CEO C. Thomas Evans, Jr., who was appointed in October 2025 and brings over 30 years of tenure at the company, including previous roles as General Counsel and Secretary. The executive team includes Executive Vice President and CFO Bradley T. Camden, formerly of Northern Trust Asset Management, and Charles Tipton Brooks, who serves as EVP of Operations and Systems. Additionally, Anand Ramamoorthy serves as EVP and Chief Claims Officer and Head of Transformation, bringing a pedigree from Capital One. The company’s governance is overseen by Chairman Gerald Laderman, the retired CFO of United Airlines, and a board featuring notable members such as Susan D. Whiting, former Vice Chair of Nielsen Holdings, and Teresa A. Canida of Ceeto Capital Group.