CONIFER HOLDINGS, INC. FILES (8-K) Disclosing Completion of Acquisition or Disposition of Assets

Item 2.01. Completion of Acquisition or Disposition of Assets.

On October 14, 2022, Conifer Holdings, Inc. (the "Company") entered into an
asset purchase agreement with Whitetail Insurance Services, LLC (the "Buyer"), a
wholly-owned subsidiary of Acrisure, LLC ("Acrisure"), for a purchase price of
$38.2 million. The effective date of the asset purchase agreement is October 1,
2022. There is no material relationship between the Company or any director or
officer of the Company, or any associate of any director or officer of the
Company, and the Buyer, other than with respect to the Company's disposition of
assets to the Buyer. The assets involved in this transaction relate to Venture
Agency Holdings, Inc. insurance brokerage and associated services provided
largely to the security sector.

This sale, along with related transactions, is expected to generate
approximately $8.0 million of non-operating gains for the Company, net of taxes,
in the fourth quarter of 2022.

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