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What Is Torchmark Corporation

What Is Torchmark Corporation. What Is. TMK1628 0512. Torchmark Mission. Our purpose is to help working class families achieve financial protection from adverse circumstances. Torchmark Values. We act in accordance with the highest levels of ethics and integrity

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What Is Torchmark Corporation

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  1. What Is Torchmark Corporation What Is TMK1628 0512

  2. Torchmark Mission Our purpose is to help working class families achieve financial protection from adverse circumstances

  3. Torchmark Values • We act in accordance with the highest levels of ethics and integrity • We make decisions prudently in order to advance the long-term interests of our policyholders, employees, field representatives, and shareholders • We strive to have a positive effect within the communities we serve

  4. Torchmark Facts • We are a Financial Services Holding Company whose subsidiaries market Life Insurance (Whole Life and Term Life) and Supplemental Health Insurance • In 1982, Torchmark was formed through various acquisitions. We now have these subsidiaries:

  5. Torchmark Facts • 2,221 employees as of December 31, 2011 • Torchmark has offices in: • McKinney, Texas (Headquarters) • Birmingham, Alabama • Oklahoma City, Oklahoma • Waco, Texas

  6. Torchmark Facts • Torchmark is traded on the New York Stock Exchange, and the ticker symbol is TMK • Financial highlights from calendar year 2011: • Total Premium - $2.6 Billion • Net Income - $0.5 Billion • including excess Investment Income - $0.2 Billion • Premium Revenue (Life) - $1.7 Billion • Premium Revenue (Health) - $0.9 Billion

  7. Corporate Structure • Sell through captive Agents to unions nationally and internationally • Direct Response • Sell through captive Agents in the Southeast and to employees of small businesses • Sell through General Agents – Medicare Supplement

  8. Consolidation of Operations • Oklahoma City • Billing / Collections • Life Claims • McKinney • Med-Supp Claims • Customer Service • IT • Marketing • Sales • Birmingham • Worksite • Waco • Underwriting • (All union jobs stay in Waco)

  9. Torchmark Values • We act in accordance with the highest levels of ethics and integrity • We make decisions prudently in order to advance the long-term interests of our policyholders, employees, field representatives, and shareholders • We strive to have a positive effect within the communities we serve

  10. Torchmark Mission Our purpose is to help working class families achieve financial protection from adverse circumstances

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