Daido Life Insurance Company · Osaka Japan
Company Description
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As part of the T&D group of companies, Daido Life Insurance is one of Japan's top providers of individual term life insurance, focusing on the small and medium-sized workplace and affiliation group insurance market. Beyond straight life insurance, Daido Life has added a pension management division and a securities investment division. The company uses both a team of in-house sales representatives and independent agencies to market its products to customer groups. After demutualizing, Daido Life joined up with Taiyo Life Insurance . Both are now subsidiaries of holding company T&D Holdings , which went public in 2004. To read the full description, subscribe now.
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Key Daido Life Insurance Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | March |
| Annual Sales (mil.) | $811,945.0 |
| Employees | 7,595 |
Daido Life Insurance Company Executives
21 executives listed for Daido Life Insurance Company's Osaka, location.
| Title | Name & Bio | Contact |
| President, CEO, and Director | Haruo Kuramochi | Network |
| EVP; Representative Director; Head, Personnel and Administration; Board Member | Takeshi Saito | Network |
| Director; General Manager, General Marketing; Board Member | Minoru Kudo | Network |
Competition
Competitive Landscape for Daido Life Insurance Company
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 Daido Life Insurance Company Competitors
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