The evergreen insurer: Conifer Holdings files for a $55 million IPO

Conifer Holdings, a property and casualty insurance provider focused on personal and commercial lines, filed on Thursday with the SEC to raise up to $55 million in an initial public offering.

The Birmingham, MI-based company, which was founded in 2009 and booked $63 million in total revenue for the 12 months ended March 31, 2015, plans to list on the NASDAQ under the symbol CNFR. Conifer Holdings initially filed confidentially on 5/7/2015. BMO Capital Markets and Raymond James are the joint bookrunners on the deal. No pricing terms were disclosed.