American Family Insurance Group · Madison, WI United States
Company Description
Phone: 608-249-2111
Fax: 608-243-4921
Rankings
- #388 in FORTUNE 500
View American Family Insurance Group Locations On A US Map
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This link will open in a new window Even confirmed bachelors can get insured through American Family Insurance. The company specializes in property/casualty insurance, but also offers life and health coverage, as well as investment and retirement-planning products. The company operates in about 20 states, primarily in the midwestern and western US. It is among the largest US mutual companies that concentrates on auto insurance (State Farm is the biggest). American Family Insurance also provides coverage for homeowners and farmers, as well as restaurants, contractors, and other businesses. Through the company's consumer finance division, agents can also offer their customers home equity and personal lines of credit. To read the full description, subscribe now.
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Key American Family Insurance Group Financials
| Company Type | Private - Mutual Company Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $6,867.9 |
| 2007 Employees | 8,482 |
American Family Insurance Group Executives
40 executives listed for American Family Insurance Group's Madison, WI location.
| Title | Name & Bio | Contact |
| Chairman and CEO | David Anderson | Network |
| President, COO, and Director | Jack Salzwedel | Network |
| CFO and Treasurer | Daniel Schultz | Network |
Competition
Competitive Landscape for American Family Insurance Group
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top American Family Insurance Group Competitors
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