Alfa Corporation · Montgomery, AL United States
Company Description
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This link will open in a new window Alfa Corporation wants to be the top dog in the Alabama insurance pack. As a subsidiary of the Alfa Mutual group of companies (Alfa Mutual Insurance, Alfa Mutual Fire Insurance, and Alfa Mutual General Insurance), Alfa Corporation provides personal property/casualty insurance in a dozen central and southeastern states. It also offers life insurance policies in Alabama, Georgia, and Mississippi. The company, which has 400 office locations, enjoys a pooling arrangement between all of the Alfa companies. President and chairman Jerry Newby is also president of the Alabama Farmers Federation, which founded the company in 1946. To read the full description, subscribe now.
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Key Alfa Corporation Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 4,161 |
Alfa Corporation Executives
26 executives listed for Alfa Corporation's Montgomery, AL location.
| Title | Name & Bio | Contact |
| President, CEO, and Director | Jerry Newby | Network |
| EVP Operations and Director | C. Lee Ellis | Network |
| SVP, CFO, and Chief Investment Officer | Stephen Rutledge | Network |
Competition
Competitive Landscape for Alfa Corporation
Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.Top Alfa Corporation Competitors
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