what is tmk1628 0511. our purpose is to help working class families achieve financial protection...
TRANSCRIPT
What Is
TMK1628 0511
Our purpose is to help working class families achieve financial protection from adverse circumstances
Torchmark Mission
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 Values
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
Torchmark Facts
Consolidation of Operations
• Billing / Collections
• Life Claims
• Med-Supp Claims
• Customer Service
• IT• Marketing• Sales
•Underwriting(All union jobs stay in Waco)
McKinney
Oklahoma City
Waco
Birmingham
• Worksite
Revenue Channels
Agents
Direct Marketing
Investments
Torchmark Facts
What Is Torchmark?
Chief Executive Officer
Chief Financial Officer Chief Actuary
Chief Administration
Officer
General Counsel Marketing
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 Values
Our purpose is to help working class families achieve financial protection from adverse circumstances
Torchmark Mission