Genworth Financial was founded in 1871 as The Life Insurance Company of Virginia.
Today Genworth specializes in life insurance, retirement investments, long-term care insurance, fixed annuities, International Mortgage Insurance, residential mortgage loans, payment protection coverage, institutional and corporate-owned life insurance, accident insurance, health insurance, and disability insurance.
The company’s products are distributed through financial intermediaries, independent distributors, affinity groups, advisers, and sales specialists.
Genworth is publicly traded on the New York Stock Exchange under the symbol GNW, is a member of the S&P 500, is #257 in the Fortune 500, has 3,000 employees, and had $9.42 billion in revenue in 2013.
Genworth Financial is the largest insurer when speaking of long-term health care coverage, and with rates increasing rapidly, consumers are searching for other answers.
Genworth Financial maintains a corporate office in Richmond, Virginia.