New York Life Insurance Company · New York, NY United States
Company Description
Phone: 212-576-7000
Fax: 212-576-8145
Toll Free: 800-692-3086
Rankings
- #76 in FORTUNE 500
View New York Life Insurance Company Locations On A US Map
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This link will open in a new window New York Life Insurance has been in the Big Apple since it was just a tiny seed. The company (the top mutual life insurer in the US) is adding products but retaining its core business: life insurance and annuities. New York Life has added such products and services as mutual funds for individuals. It also offers its investment management services to institutional investors. Other lines of business include long-term care insurance and special group policies sold through AARP and other affinity groups or professional associations. The company, through New York Life International, is also reaching out geographically, targeting areas such as Mexico and India where the life insurance markets are not yet mature. To read the full description, subscribe now.
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Key New York Life Insurance Company Financials
| Company Type | Private - Mutual Company Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $16,830.0 |
| 2008 Employees | 15,000 |
New York Life Insurance Company Executives
113 executives listed for New York Life Insurance Company's New York, NY location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Theodore Mathas | Network |
| Vice Chairman and Chief Investment Officer; Chairman, New York Life Investment Management | Gary Wendlandt | Network |
| EVP and CFO | Michael Sproule | Network |
Competition
Competitive Landscape for New York 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 New York Life Insurance Company Competitors
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