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Americo Life, Inc. · Kansas City, MO United States

Company Description

1055 Broadway
Kansas City, MO
64105
United States (Map)
Phone: 816-391-2000
Fax: 816-391-2083
Toll Free: 800-366-6565
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    Americo Life sells insurance to cover American lives. The holding company sells life insurance and annuities to individuals, families, and groups, mainly through its Americo Financial Life and Annuity Insurance unit. Americo Life companies also offer insurance policies that cover funeral expenses and mortgages. Policies are distributed through 15,000 independent agents nationwide to about 850,000 policyholders. The firm is a wholly owned subsidiary of Financial Holding Corporation, which the family of chairman Michael Merriman controls. Other Financial Holding business interests include real estate ventures in the Southeast and a 50% stake in Argus Health Systems, a processor of prescription drug claims. To read the full description, subscribe now.
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    Key Americo Life, Inc. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Employees766

    Americo Life, Inc. Executives

    5 executives listed for Americo Life, Inc.'s Kansas City, MO location.
    TitleName & BioContact
    ChairmanMichael MerrimanNetwork
    CEOGary MullerNetwork
    PresidentWilliam MardenNetwork

    Competition

    Competitive Landscape for Americo Life, Inc.
    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 Americo Life, Inc. Competitors
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