Great-West Life & Annuity Insurance Company · Greenwood Village, CO United States
Company Description
Phone: 303-737-3000
Fax: 303-737-4861
Toll Free: 800-537-2033
View Great-West Life & Annuity Insurance Company Locations On A US Map
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This link will open in a new window Great-West Life & Annuity Insurance is the southern arm of a northern parent. The company, a subsidiary of Canada's Great-West Lifeco and a member of the Power Financial family, represents the Great-West group's primary US operations. The company's Financial Services segment offers life insurance and annuities to individuals and, under the Great-West Retirement Services brand, administers employer-sponsored retirement products, including defined-benefit and 401(k) plans. In 2008 the company sold its Healthcare division to CIGNA for $1.5 billion; the segment offered group life and medical insurance products to US businesses, with an emphasis on self-funded programs for small and midsized employers. To read the full description, subscribe now.
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Key Great-West Life & Annuity Insurance Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $2,011.1 |
| Employees | 6,600 |
Great-West Life & Annuity Insurance Company Executives
39 executives listed for Great-West Life & Annuity Insurance Company's Greenwood Village, CO location.
| Title | Name & Bio | Contact |
| Chairman | Raymond McFeetors | Network |
| Vice Chairman, Power Corporation | Michel Plessis-Bélair | Network |
| President and CEO | Mitchell Graye | Network |
Competition
Competitive Landscape for Great-West Life & Annuity 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 Great-West Life & Annuity Insurance Company Competitors
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