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Southern Farm Bureau Life Insurance Company · Jackson, MS United States

Company Description

1401 Livingston Ln.
Jackson, MS
39205
United States (Map)
Phone: 601-981-7422
Fax: 601-982-9569
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    If farm livin' is the life for you, you may already know about Southern Farm Bureau Life Insurance. The company, which focuses on serving American Farm Bureau members, offers customers in ten southern states such products as life, disability, and long-term care insurance. Southern Farm Bureau Life Insurance also provides retirement planning and other financial planning services. Its products are sold through Farm Bureau Insurance agents who also sell the property/casualty products of sister company Southern Farm Bureau Casualty Insurance. The company was founded in 1946 as a joint venture of the farm bureau federations in Alabama, Arkansas, Kentucky, Mississippi, and Texas; other states joined later. To read the full description, subscribe now.

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    Key Southern Farm Bureau Life Insurance Company Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Employees600

    Southern Farm Bureau Life Insurance Company Executives

    16 executives listed for Southern Farm Bureau Life Insurance Company's Jackson, MS location.
    TitleName & BioContact
    EVP and CEOJ. Joseph StrobleNetwork
    SVP and CFOLaurence FavreauNetwork
    VP Information SystemsSherrell BallardNetwork
    More Southern Farm Bureau Life Insurance Company Executives

    Competition

    Competitive Landscape for Southern Farm Bureau Life 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.
    Read More about Southern Farm Bureau Life Insurance Company's competition across multiple industries
    Top Southern Farm Bureau Life Insurance Company Competitors
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