Genworth Financial

#3702

Rank

$2.81B

Marketcap

United States

Country

Leadership team

Mr. Thomas Joseph McInerney (Pres, CEO & Director)

Mr. Daniel Joseph Sheehan IV, CFA (Exec. VP, CFO & Chief Investment Officer)

Mr. Rohit Gupta (Pres & CEO of Enact)

Products/ Services

Finance, Financial Services, FinTech

Number of Employees

1,000 - 20,000

Headquarters

Richmond, Virginia, United States

Established

2004

Company Registration

SEC CIK number: 0001276520

Net Income

1B - 20B

Revenue

Above - 1B

Traded as

GNW

Social Media

URL

https://www.genworth.com

Overview

Location

Recognition and Award

References

Summary

Genworth Financial, Inc. provides insurance products in the United States and internationally. The company operates in three segments: Enact, U.S. Life Insurance, and Runoff. The Enact segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products. The U.S. Life Insurance segment offers long-term care insurance products; and service traditional life insurance and fixed annuity products in the United States. The Runoff segment includes variable annuity, variable life insurance, and corporate-owned life insurance, as well as funding agreements. It distributes its products through sales force, in-house sales representatives, and digital marketing programs. The company was founded in 1871 and is headquartered in Richmond, Virginia.

History

Genworth Financial was founded in 1871 by John T. Rapine and is headquartered in Richmond, VA. In 1903 the newly incorporated company changed its name to Genworth and in 1925 Genworth introduced the first group annuity policy in the United States. In 1980, Genworth introduced its first individual disability income insurance policy and in 2001 they launched the first commercial mortgage-backed security. Today, Genworth is a leading provider of individual and group life insurance and disability income insurance, as well as annuity products.

Mission

Genworth believes in helping people take steps every day to keep their promises.

Vision

Genworth’s vision is to be a leader in helping families and individuals pursue their financial and retirement goals.

Key Team

Mr. Brian Keith Haendiges (Pres & CEO of U.S. Life Insurance)

Mr. Jerome Thomas Upton (Sr. VP, Deputy CFO, Controller & Principal Accounting Officer)

Mr. Luke Oxenham (Director Corp. Fin. & Investor Relations)

Mr. John G. Apostle II (Chief Compliance Officer)

Mr. Gregory Scott Karawan (Exec. VP & Gen. Counsel)

Ms. Melissa Hagerman (Exec. VP & Chief HR Officer)

Mr. Kazutoshi Kuwahara (Managing Director of Japanese Operations)

Recognition and Awards

Genworth has been the recipient of a Federal Housing Finance Agency's Reinsurance Award as well as a Top Workplace Award from the Richmond Times-Dispatch. Genworth has also been awarded a Gold Award from U.S. Business News' Best Customer Service Program and a Silver Stevie Award for Business Innovation Service. Genworth was also recognized as an international finalist for US News & World Report’s World's Most Ethical Companies award.