ManhattanLife Company Research Report
Company Overview
Name and Mission
- Name: ManhattanLife
- Mission: To support individuals, families, and employers in achieving the life affirmations of health, wealth, and security through a comprehensive range of insurance and annuity products.
Founding and Founders
- Founded: 1850
- Founders: Not explicitly mentioned.
Key People
- David W. Harris: Chairman, CEO
- Tyler Harris: President
- Marc Puzzo: President of Western United Life Assurance Company
- Todd Tippets: President of Standard Life & Casualty Insurance Company
- John E. McGettigan: EVP, General Counsel, Secretary
- Kent W. Lamb: Chief Financial Officer
- Additional executive team members include roles like EVP, Chief of Staff, SVP Marketing, and others.
Headquarters
- Locations:
- Headquarters in Houston, Texas
- Charter offices in Houston, Spokane, Salt Lake City, Las Vegas, and Great Neck, New York
- Administrative offices in Louisville, Spokane, and Green Bay
Employees
- Number of Employees: Nearly 1 million people (based on policyholder count, not direct employees).
Revenue
- Revenue: No specific revenue information is available.
Recognition
- What They Are Known For: ManhattanLife is one of the oldest and most reliable life and health insurance companies in the United States, known for its independence, innovation, and commitment to policyholder confidence and security.
Products
Annuities
- Description: Provide flexibility, liquidity, and competitive returns.
- Key Features:
- No set-up fees
- Annuities like Multi-Year Guarantee Annuities, Fixed-Index Annuities, and Single Premium Immediate Annuities
Medicare Supplement
- Description: Helps pay for deductibles, co-payments, and other out-of-pocket costs not covered by Original Medicare.
- Key Features:
- Available discounts
- Freedom of choice for healthcare providers
Voluntary Benefits
- Description: Designed for employer groups, providing financial security and competitive compensation for distribution partners.
- Key Features: Customized programs integrating with employee benefits.
Individual (Worksite) Life & Health
- Description: Provides insurance to cover nonmedical costs and out-of-pocket expenses.
- Key Features: Safety net approach with payments directly to policyholders.
Supplemental Insurance (For Individuals & Families)
- Insurance Products:
- Accident Insurance: Personal Accident Indemnity Delivery (PAID) coverage
- Cancer Insurance: Supports non-medical costs beyond health insurance
- Dental/Vision/Hearing Insurance: Provides coverage with guaranteed issue
- Hospitalization Benefits: Designed for high deductible plan holders
- Life Insurance: Term and whole life policies
- Mortgage Protection: Protects family well-being and mortgage coverage
Recent Developments
Recent Developments
- Branding and Marketing:
- ManhattanLife unveiled additional brand colors in February 2025.
- Featured in Broker World Magazine as of June 2024.
- Partnerships:
- Partnership with Health In Tech, an advanced online platform (September 2023).
- Partnership with ThreeFlow, a benefits placement system (August 2023).
Product and Feature Launches
- ManhattanLife now offers multiple product videos in Spanish as of November 2023.
Organizational Changes
- Standard Life moved to a new office location as of October 2024.
- Cid Greene promoted to Senior VP of Information Technology for Enrollments & External Platforms as of July 2024.
Note: This report is compiled based on the available information and may not include all aspects of the company. Any missing data points can be updated as more information becomes available.