Company Research Report: Funeral Directors Life Insurance Co.
Company Overview
Name
Funeral Directors Life Insurance Co.
Mission
To be known as “the best, most-respected provider of service to the funeral industry.”
Founded
No information available.
Founders
No information available.
Key People
- Kris Seale - President & CEO
- Mark Cypert - Director
- Stuart Ford - Director
- Sid Grant - Director
- Terry Groban - Executive Vice President and Chief Financial Officer, Secretary/Treasurer
- Tim Hoff - Director
Headquarters
6550 Directors Parkway, Abilene, Texas, 79606
Number of Employees
No information available.
Revenue
No information available.
Known For
Funeral Directors Life is recognized for its full-service approach to preneed insurance programs, at-need solutions, marketing services, and financial solutions tailored for funeral homes.
Products
Preneed Solutions
High-Level Description
Funeral Directors Life provides comprehensive preneed insurance programs designed to help funeral homes grow their preneed programs effectively.
Key Features
- Select Producer Program with unmatched training, technology, and support.
- DIGicon: Advanced preneed sales software to streamline processes and improve accuracy.
- Consultative sales and Medicaid/BSI training programs.
At-Need Solutions
High-Level Description
Services aiming to increase the efficiency of funeral homes, making it easier to serve families promptly.
Key Features
- Passare: Cloud-based collaboration and business management software for at-need and imminent-need cases.
- CLAIMCHECK: Expedites payments and handles paperwork for insurance assignments.
- DIGiclaim: Online submission tool for processing claims almost instantly.
Marketing Services
High-Level Description
Complete marketing strategies to help funeral homes stand out, connecting with more families.
Key Features
- Social Media Management
- Website Management
- Google/YouTube/Facebook Ads
- Video production and mail campaigns
- Preneed eCommerce and customer relationship management solutions
Financial Services
High-Level Description
Business solutions focused on improving efficiency, expanding market reach, and boosting financial health.
Key Features
- Funeral home lending
- Accounting services
- Business valuations
- Payroll and daily account balancing
Recent Developments
New Board Members
As of July 2024, Directors Investment Group (DIG), the parent company, elected five new board members: Mark Cypert, Stuart Ford, Sid Grant, Terry Groban, and Tim Hoff.
Certification and Recognitions
- Achieved Great Place To Work Certification™ for the third consecutive year (July 2024).
- Named one of the 2024 Best Workplaces in Texas (#13 in small and medium business category).
New Product Launches and Features
- Arrangement Guide™: An online planning and funding tool for families to plan ahead from home.
- CLAIMCHECK: Provides faster payment processing and reduces paperwork associated with life insurance assignments.
Partnerships and Other Developments
- Enhanced social media presence and engagement for funeral homes via the Social Media Management program.
- Deployment of Passare collaboration software to integrate business management tools with preneed services.
Company Awards
- Best Workplaces in Texas by Great Place To Work® and Fortune magazine.
- Abilene Chamber of Commerce Corporate Star Award.
Recent Company News
- Directors Investment Group Elects Five New Board Members (July 2024)
- Directors Investment Group Earns Great Place to Work Certification™ for Third Consecutive Year (July 2, 2024)
- Directors Investment Group Named as One of the 2024 Best Workplaces in Texas by Fortune and Great Place To Work® (June 20, 2024)
- Funeral Directors Life Names Mike Neff as Market Center Manager
- Funeral Directors Life Names Marc Kanapaux as Market Center Manager
- Funeral Directors Life Names Tom Nicklas as Director of Sales Development
Contact Information
- Physical Address: 6550 Directors Parkway, Abilene, TX 79606
- Mailing Address: P.O. Drawer 5649, Abilene, TX 79608
- Local Number: 325-695-3412
- Toll-Free: 1-800-692-9515
- Fax Number: 325-695-7840
- Email for Customer Service: customerservice@funeraldirectorslife.com
Conclusion
This report provides an in-depth look at Funeral Directors Life Insurance Co., their product offerings, key developments, and recent achievements. The company continues to evolve, offering effective solutions to funeral homes while maintaining recognition for its exceptional workplace culture.
