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Genworth Financial, Inc. · Richmond, VA United States ·(NYSE: GNW)

Company Description

6620 W. Broad St.
Richmond, VA
23230
United States (Map)
Phone: 804-281-6000
Fax: 804-662-2414
Rankings
  • #271 in FORTUNE 500
  • S&P 500
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What's a Genworth? Insurance and investment specialist Genworth might ask what your life or your nest egg is worth. Genworth specializes in long-term care insurance, as well as life insurance, retirement investments, supplemental health insurance, and private mortgage insurance. The company also offers a variety of payment protection insurance products in international markets. Genworth focuses its retirement investment products, including individual and group annuities and mutual funds, on affluent individuals. Genworth serves over 15 million customers in 25 countries; its products are sold through independent distributors and financial advisors. To read the full description, subscribe now.

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Key Genworth Financial, Inc. Financials

Company TypePublic - NYSE: GNW

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$9,948.0
2008 Employees6,000

Genworth Financial, Inc. Executives

58 executives listed for Genworth Financial, Inc.'s Richmond, VA location.
TitleName & BioContact
Chairman, President, and CEOMichael FraizerNetwork
SVP and CFOPatrick KelleherNetwork
SVP and CIOScott McKayNetwork

Competition

Competitive Landscape for Genworth Financial, Inc.
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 Genworth Financial, Inc. Competitors
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