Bankers Financial Corporation · St. Petersburg, FL United States
Company Description
Phone: 727-823-4000
Fax: 727-823-6518
Toll Free: 800-627-0000
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This link will open in a new window Bankers Financial Corporation has more to do with extended warranties and hurricanes than it does with checking and savings accounts. The holding company operates two primary arms: Bankers Insurance Group and Bankers Business Group. The insurance group offers both commercial and personal lines through three property/casualty carriers, an annuity company, and an insurance outsourcing services provider. The business group offers a whole range of services from bail bonds to new-home warranties to medical plans through about seven different companies mostly located in Florida. Its diverse portfolio even includes a private hunting and sporting club in the Florida woodlands called the Gilchrist Club.
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Key Bankers Financial Corporation Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 955 |
Bankers Financial Corporation Executives
6 executives listed for Bankers Financial Corporation's St. Petersburg, FL location.
| Title | Name & Bio | Contact |
| Chairman and CEO | David Meehan | Network |
| Director Corporate Accounting and Treasurer | Edwin Hussemann | Network |
| Chief Accounting Officer | Wayne Matthews | Network |
Competition
Competitive Landscape for Bankers Financial Corporation
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Bankers Financial Corporation Competitors
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