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The Security Benefit Group of Companies · Topeka, KS United States

Company Description

1 Security Benefit Place
Topeka, KS
66636
United States (Map)
Phone: 785-438-3000
Fax: 785-438-5177
Toll Free: 800-888-2461
    The Security Benefit Group of Companies might be talking more about investments, but at heart they sell life insurance. The group, which operates through Security Benefit Life Insurance Company and First Security Benefit Life Insurance and Annuity Company of New York, offers variable life insurance, annuities, mutual funds, and asset management services to individuals, investment advisors, and plan sponsors. After more than 100 years as a mutual company, the company made plans to convert to stock ownership but never followed through on those plans. Security Benefit's roots go back to the Knights and Ladies of Security, a benefit society begun in 1892 in Topeka, Kansas. To read the full description, subscribe now.
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    Key The Security Benefit Group of Companies Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$555.8
    Employees500

    The Security Benefit Group of Companies Executives

    14 executives listed for The Security Benefit Group of Companies's Topeka, KS location.
    TitleName & BioContact
    Chairman, President, and CEOKris RobbinsNetwork
    SVP and CFOJohn FryeNetwork
    SVP and CIODavid KeithNetwork

    Competition

    Competitive Landscape for The Security Benefit Group of Companies
    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 The Security Benefit Group of Companies Competitors
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