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Direct General Corporation · Nashville, TN United States

Company Description

1128 Murfreesboro Rd. Ste. 103
Nashville, TN
37217
United States (Map)
Phone: 615-399-0600
Fax: 800-541-0856
Toll Free: 800-541-0856
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    Tickets, accidents, and credit problems are no problem for insurance provider Direct General Corporation. Founded in 1991, Direct General offers non-standard personal automobile coverage, life insurance, and hospital indemnity insurance. The company also operates a premium financing subsidiary (where the insurer makes a loan to the customer that is backed by the unearned portion of the insurance premiums being financed). Direct General sells its products through more than 480 locally-based sales offices, primarily in the southeastern part of the US. The company was acquired by private investment partnerships Calera Capital and TPG Capital in 2007. To read the full description, subscribe now.
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    Key Direct General Corporation Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Employees2,453

    Direct General Corporation Executives

    7 executives listed for Direct General Corporation's Nashville, TN location.
    TitleName & BioContact
    President, CEO and DirectorDaniel TarantinNetwork
    President Insurance OperationsJames DicksonNetwork
    EVP and CFOJ. Todd HagelyNetwork

    Competition

    Competitive Landscape for Direct General Corporation
    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 Direct General Corporation Competitors
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