110 likes | 222 Views
What Is. TMK1628 0511. 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
E N D
What Is TMK1628 0511
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 • 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
Torchmark Facts • We are a Financial Services Holding Company whose subsidiaries market Life Insurance (Whole Life and Term Life) and Supplemental Health Insurance • Liberty National Life Insurance Company was formed in Alabama in 1929. • In 1982, Torchmark was formed through various acquisitions. We now have these subsidiaries: • Liberty National • United American • Globe Life • American Income Life
Torchmark Facts • Torchmark is traded on the New York Stock Exchange, and the ticker symbol is TMK • Financial highlights from calendar year 2010: • Total Premium- $2.7 Billion • Net Income - $0.5 Billion • Premium Revenue (Life) - $1.7 Billion • Premium Revenue (Health) - $1.0 Billion
Torchmark Facts • 2,183 employees as of December 31, 2010 • Torchmark has offices in: • McKinney, Texas (Headquarters) • Birmingham, Alabama • Oklahoma City, Oklahoma • Waco, Texas
Consolidation of Operations Oklahoma City • Billing / Collections • Life Claims Birmingham McKinney • Worksite • Med-Supp Claims • Customer Service • IT • Marketing • Sales Waco • Underwriting(All union jobs stay in Waco)
Torchmark Facts • Revenue Channels • Agents • Direct Marketing • Investments
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
Torchmark Mission Our purpose is to help working class families achieve financial protection from adverse circumstances