Just as individuals or businesses purchase insurance to protect them from the financial consequences of property and liability losses, insurance companies purchase reinsurance to protect them from some of the financial consequences of insuring the loss of others. Reinsurance is very common between insurance companies, and is not usually disclosed to the person or business that is buying the insurance. That's why many employers and individuals are not aware of the amount of reinsurance that is routinely transacted on a daily basis.
Group Reinsurance Quick Facts
- No. 1 African-American reinsurer of group life benefits with $20 billion of insurance in force
- $65 million in group life premium income projected, about $7 million increase above 2006
- 43 Corporate Clients among Fortune 500 corporations
- 6 State and local government clients
- 232% Growth since entry to business in 1998
Atlanta Life Insurance Compnay can serve as both a minority partner as well as a group reinsurance company.
More Information
If you would like more information about Group Reinsurance, please contact:
Leonard Grimes
Chief Operating Officer, Atlanta Life Insurance Company
Herndon Plaza
100 Auburn Ave., N.E.
Atlanta, GA 30303
P 404.654.8893
F 404.654.8955
lgrimes@atlantalife.com
Howard Stephenson
Group Sales Manager
Herndon Plaza
100 Auburn Ave., N.E.
Atlanta, GA 30303
P 404.654.8842
F 404.654.8808
hstephenson@atlantalife.com
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