Globe Life Inc - Company Profile
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Globe Life Inc (Globe Life) is an insurance holding company. It operates through its subsidiaries and affiliates. The company primarily engages in providing life and supplemental health insurance products. Its major products include individual life insurance, supplemental health insurance, and Medicare Supplement plans. Globe Life's products are targeted at lower middle-income to middle-income individuals and families, as well as working families, offering financial protection through life and health insurance. The company distributes its products through direct-to-consumer channels, exclusive agents, and independent agents. Globe Life operates across the United States, Canada, and New Zealand, focusing on individual and worksite markets. Globe Life is headquartered in McKinney, Texas, the US.
Globe Life Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Life Insurance: | Service: | American Income Life |
| Whole Life Insurance | Claims Services | Globe Life |
| Term Life Insurance | Liberty National | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In February, the company announced its plans to relocate its headquarters, acquiring 7677 Henneman Way in McKinney and adjacent land from SouthState Bank. |
| 2023 | Contracts/Agreements | In October, the company signed an agreement to acquire Evry Health. |
| 2023 | Plans/Strategy | In March, the company renew its endowment to UT Southwestern Medical Center, one of the premier academic medical centers in the nation. |
Competitor Comparison
| Key Parameters | Globe Life Inc | Lincoln National Corp | Aflac Inc | Fidelity National Financial Inc | Unum Group |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Mckinney | Radnor | Columbus | Jacksonville | Chattanooga |
| State/Province | Texas | Pennsylvania | Georgia | Florida | Tennessee |
| No. of Employees | 3,732 | 9,783 | 12,694 | 23,533 | 10,833 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Frank M. Svoboda | Co-Chairman; Co-Chief Executive Officer | Executive Board | 2023 | 64 |
| J. Matthew Darden | Co-Chairman; Co-Chief Executive Officer | Executive Board | 2023 | 55 |
| Thomas P. Kalmbach | Chief Financial Officer; Executive Vice President | Senior Management | 2023 | 61 |
| Michael C. Majors | Chief Strategy Officer; Executive Vice President - policy acquisition | Senior Management | 2023 | 63 |
| Christopher K. Tyler | Chief Information Officer; Executive Vice President | Senior Management | 2022 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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