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Globe Life

Globe Life
Leadership team

Mr. Gary Lee Coleman (Co-Chairman & CEO)

Mr. Larry Mac Hutchison (Co-Chairman & CEO)

Mr. Frank Martin Svoboda (Sr. Exec. VP & CFO)

Products/ Services
Financial Services, Insurance
Number of Employees
1,000 - 20,000
Headquarters
Oklahoma City, Oklahoma, United States
Established
1951
Company Registration
SEC CIK number: 0000320335
Net Income
500M - 1B
Revenue
Above - 1B
Social Media
Overview
Location
Summary
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole life, term life, and other life insurance products; Medicare supplement and supplemental health insurance, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 and is headquartered in McKinney, Texas.
History

The original core of Globe Life, Liberty National Life Insurance Company was founded in 1900 as the Heralds of Liberty, a fraternal benefit society. The company was headquartered in Birmingham, Alabama until 2006 when it moved to McKinney, Texas.In 1980, Liberty National acquired Globe Life And Accident Insurance Company and formed the holding company, Torchmark Corporation.In 1981, TMK acquired United Investors Life Insurance Company , United American Insurance Company, and Waddell and Reed Financial.In 1994, TMK acquired American Income Life Insurance Company;In 1998, TMK spun off Waddell and Reed Financial, a mutual fund subsidiary.In 2006, TMK began moving its headquarters from Birmingham, AL to McKinney, TX.In 2010, TMK sold United Investors Life Insurance Company to Protective Life Corporation.In 2012, TMK acquired Family Heritage Life Insurance Company of America . It was renamed Globe Life Family Heritage Division in 2019.On February 5, 2014, Torchmark's subsidiary Globe Life purchased the naming rights of Globe Life Park in Arlington, formerly Rangers Ballpark in Arlington, the home of Major League Baseball's Texas Rangers Baseball Club located in Arlington, TX. The naming rights were eventually transferred to Globe Life Field, the Rangers' new home park, alongside extending the naming rights through 2048. In August 2001, a mutual fund company filed a civil racketeering suit against Torchmark Corp., which accused Torchmark Corp. and its former chief executive of scheming to continue control over Waddell & Reed Financial Inc. after Torchmark spun it off in 1998. However, in a series of orders dated February 20, 2003, August 20, 2004, and September 28, 2004, the United States District Court for the Northern District of Kansas later granted summary judgment against plaintiff Waddell & Reed and in favor of Torchmark and the other defendants named in the action.On August 8, 2019, Torchmark Corporation was renamed to Globe Life and its ticker symbol changed from "TMK" to "GL".

Mission
To help people protect the things that are most important to them: their loved ones, their health and their financial security.
Vision
We strive to be the best in the insurance industry and to be recognized as the go-to provider for unparalleled service and competitively priced products.
Key Team

Mr. Michael Clay Majors (Exec. VP of Admin. & Investor Relations)

Mr. James Matthew Darden (Sr. Exec. VP & Chief Strategy Officer)

Mr. Steven Kelly Greer (Chief Exec. Officer of American Income Life Division)

Robert E. Hensley (Exec. VP & Chief Investment Officer)

Mr. M. Shane Henrie (Corp. Sr. VP & Chief Accounting Officer)

Christopher K. Tyler (Exec. VP & Chief Information Officer)

Mr. Robert Brian Mitchell (Exec. VP, Gen. Counsel & Chief Risk Officer)

Recognition and Awards
In recognition of our dedication and commitment to our customers, Globe Life has received numerous awards, including the US Business Insurance Silver Medal Award, the Life Insurance Selling Magazine Reader’s Choice Award, and the National Underwriter Life, Annuity, and Health Excellence Award.
References
Globe Life
Leadership team

Mr. Gary Lee Coleman (Co-Chairman & CEO)

Mr. Larry Mac Hutchison (Co-Chairman & CEO)

Mr. Frank Martin Svoboda (Sr. Exec. VP & CFO)

Products/ Services
Financial Services, Insurance
Number of Employees
1,000 - 20,000
Headquarters
Oklahoma City, Oklahoma, United States
Established
1951
Company Registration
SEC CIK number: 0000320335
Net Income
500M - 1B
Revenue
Above - 1B
Social Media