Bankers Life and Casualty
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| Type | Corporation |
|---|---|
| Founded | 1879 |
| Headquarters | Chicago, Illinois, USA |
| Industry | Health Insurance |
| Products | Medigap Policies, Long Term Care Insurance, Home Health Care Insurance, Short Term Care Insurance, Life Insurance, and Annuities |
| Parent | Conseco |
| Website | http://www.bankers.com/ |
Bankers Life and Casualty Company is one of the largest life and health insurers in the United States. Headquartered in Chicago, Illinois, the company is focused exclusively on serving the retirement needs of the middle market.
Bankers serves nearly 1.4 million policyholders with a comprehensive portfolio of insurance products including long-term care and life insurance, annuities, and Medicare products including supplement plans, Medicare Advantage Plans and Medicare Part D Prescription Drug coverage.
The company sells its products through a nation wide Captive Agent system, which utilizes a network of over 4,600 agents based in over 200 nationwide sales offices.
In business since 1879, the company was first developed and owned by Chicago insurance man John D. MacArthur. At the time of his death in 1978, control of the company passed to the John D. and Catherine T. MacArthur Foundation, one of the country's premier charitable institutions.
Today, Bankers is a subsidiary of Conseco, Inc., a holding company for a group of insurance companies operating throughout the United States. Bankers' currently manages over $650 million of capital and surplus and nearly $10 billion in assets under management. In 2007, the company paid $1.5 billion in claim benefits to its insureds.
[edit] External links
- Bankers Life and Casualty Official Site
- The Bankers Story Bankers' History
- Agent Careers at Bankers Life and Casualty Agent Career Site
- Conseco Services, LLC. Parent Company Site
