Horace Mann Educators Corporation · Springfield, IL United States ·(NYSE: HMN)
Company Description
Phone: 217-789-2500
Fax: 217-788-5161
Rankings
- S&P 400
View Horace Mann Educators Corporation Locations On A US Map
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This link will open in a new window Naming itself in honor of Horace Mann, considered the father of public education, Horace Mann Educators is an insurance holding company that targets K-12 school teachers and other public school employees throughout the US. The company and its subsidiaries offer homeowners, auto, and individual and group life insurance, as well as retirement annuities. Horace Mann employs some 670 agents, many of whom are former teachers themselves. Writing business in 49 states and Washington DC, the company derives a third of its premiums from five states - California, Florida, North Carolina, Minnesota, and Texas. To read the full description, subscribe now.
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Key Horace Mann Educators Corporation Financials
| Company Type | Public - NYSE: HMN Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $834.8 |
| 2008 Employees | 2,200 |
Horace Mann Educators Corporation Executives
20 executives listed for Horace Mann Educators Corporation's Springfield, IL location.
| Title | Name & Bio | Contact |
| Chairman | Joseph Melone | Network |
| President, CEO, and Director | Louis Lower | Network |
| EVP and CFO | Peter Heckman | Network |
Competition
Competitive Landscape for Horace Mann Educators Corporation
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 Horace Mann Educators Corporation Competitors
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