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Prudential Financial, Inc. · Newark, NJ United States ·(NYSE: PRU)

Company Description

751 Broad St.
Newark, NJ
07102
United States (Map)
Phone: 973-802-6000
Fax: 973-802-4479
Toll Free: 800-346-3778
Rankings
  • #271 in FT Global 500
  • #84 in FORTUNE 500
  • S&P 500
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Prudential Financial wants to make sure its position near the top of the life insurance summit is set in stone. Prudential, known for its Rock of Gibraltar logo, is the second largest US life insurer (behind MetLife) and one of the largest insurers worldwide. The firm is perhaps best known for its individual life insurance, though it also sells group life, long-term care, and disability insurance. Prudential also offers investment products and services, including asset management services, mutual funds, and retirement services. Other lines include a national real estate brokerage franchise and relocation services. To read the full description, subscribe now.
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Key Prudential Financial, Inc. Financials

Company TypePublic - NYSE: PRU

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$29,275.0
2008 Employees41,844

Prudential Financial, Inc. Executives

109 executives listed for Prudential Financial, Inc.'s Newark, NJ location.
TitleName & BioContact
Chairman, President, and CEOJohn StrangfeldNetwork
Vice ChairmanMark GrierNetwork
EVP Operations and SystemsRobert GoldenNetwork

Competition

Competitive Landscape for Prudential 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 Prudential Financial, Inc. Competitors
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