Guarantee Trust Life Insurance Company · Glenview, IL United States
Company Description
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Guarantee Trust Life Insurance (GTL) understands that life holds few guarantees. The mutual insurance company offers life, credit life, accident, and health insurance, primarily for senior citizens. Policies available include Medicare supplement insurance, credit insurance, and special risk policies for students of all ages. Subsidiary Cornerstone Senior Services provides consumers with long-term care and Medicare supplement insurance; VantageAmerica offers outsourced benefits administration services . GTL is licensed in 49 states, the District of Columbia, and Puerto Rico. Members of the Holson family have led the insurer since it was founded in 1936. To read the full description, subscribe now.
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Key Guarantee Trust Life Insurance Company Financials
| Company Type | Private - Mutual Company Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $36.9 |
| Employees | 280 |
Guarantee Trust Life Insurance Company Executives
18 executives listed for Guarantee Trust Life Insurance Company's Glenview, IL location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Richard Holson | Network |
| President | Richard Holson | Network |
| SVP Finance | Arthur Fess | Network |
Competition
Competitive Landscape for Guarantee Trust Life Insurance Company
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 Guarantee Trust Life Insurance Company Competitors
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