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StanCorp Financial Group, Inc. · Portland, OR United States ·(NYSE: SFG)

Company Description

1100 SW 6th Ave.
Portland, OR
97204
United States (Map)
Phone: 971-321-7000
Fax: 971-321-7757
Toll Free: 800-642-9888
Rankings
  • S&P 400

StanCorp Financial Group is the holding company for Standard Insurance, which is not just your average insurance company. Standard Insurance (aka The Standard) offers a range of financial products nationwide, including group and individual disability coverage, life and accidental death insurance, retirement plans, and group dental insurance. The Insurance Services segment, which provides coverage for some 30,000 employer groups and nearly 8 million employees throughout the US, as well as individual disability policies, generates around 90% of StanCorp Financial Group's revenues. The company's asset management segment provides investment advisory, retirement, mortgage lending, and other financial services. To read the full description, subscribe now.

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Key StanCorp Financial Group, Inc. Financials

Company TypePublic - NYSE: SFG

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$2,667.0
2008 Employees3,436

StanCorp Financial Group, Inc. Executives

20 executives listed for StanCorp Financial Group, Inc.'s Portland, OR location.
TitleName & BioContact
President, CEO, and Director, StanCorp Financial and Standard InsuranceJ. Gregory NessNetwork
SVP and CFO, StanCorp Financial and Standard InsuranceFloyd ChadeeNetwork
SVP Information Technology, Standard InsuranceDavid O'BrienNetwork

Competition

Competitive Landscape for StanCorp Financial Group, Inc.
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 StanCorp Financial Group, Inc. Competitors
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