Company Overview of The Prudential Insurance Company of America, Inc.
The Prudential Insurance Company of America, Inc. offers life insurance, annuities, group disability, and care insurance solutions in the United States. The company also offers claim adjusting services, accidental death and dismemberment, and other related coverage, as well as provides plan administrative services. It serves institutional clients. The company was founded in 1873 and is based in Newark, New Jersey. The Prudential Insurance Company of America, Inc. operates as a subsidiary of Prudential Holdings, LLC.
751 Broad Street
Newark, NJ 07102
Founded in 1873
Key Executives for The Prudential Insurance Company of America, Inc.
Executive Vice President of Financial Management
Executive Vice President and Chief Operating Officer
Chief Marketing Officer and Senior Vice President of Strategy
Senior Vice President of Disability and Small Market Business
Vice President of Information Systems
Compensation as of Fiscal Year 2014.
The Prudential Insurance Company of America, Inc. Key Developments
Prudential Group Insurance Offers New Accident Insurance Product
Apr 13 15
Prudential Group Insurance announced the addition of accident insurance to its suite of products available through the workplace. Prudential’s accident insurance solution provides employers with more than 500 employees an optional benefit that helps workers deal with the financial impact of an accident such as a fracture, dislocation or concussion. Prudential’s accident insurance offering is an “incident based plan” which means it pays a lump sum for a loss resulting directly from an accidental injury, and those benefits are not dependant on the services performed to repair the injury. The benefit varies depending on the severity of the injury and the money can be used to cover out-of-pocket medical and non-medical costs, without restriction. As an example, a standard benefit amount for a broken leg could pay up to $1,200 compared to a broken finger in which case the payment would be about $100. Unlike most traditional treatment-based plans, the product’s simplified claim process requires minimal documentation. With certain traditional accident plans, a separate piece of evidence would typically need to be submitted at the time of the claim for each treatment or procedure. Prudential’s accident insurance product requires only evidence of the injury itself; there is no need to provide evidence of various treatments such as X-rays, ambulance trips or physical therapy. Employees can also choose coverage for qualified dependents.
Prudential Group Insurance Names Allison Landers as Vice President, Digital and Customer Experience
Feb 17 15
Allison Paine Landers has been appointed vice president, Digital and Customer Experience for Prudential Group Insurance, a business of Prudential Financial Inc. In her newly created role, Landers will be responsible for expanding digital and other capabilities aimed at improving the customer experience. Landers will lead the design and execution of a digital and customer experience strategy for Prudential Group Insurance and will also partner with corporate centers across the enterprise to implement a common digital experience. Prior to joining Prudential, Landers most recently served as the head of online and tablet banking at TD Bank where she led a program that enrolled three million U.S. retail and small business customers onto a single digital platform. Previously, Landers served in a similar capacity for KeyBank in Cleveland, Ohio. Throughout her career, Landers has moved in tandem with digital's expanding footprint, gaining significant experience in digital marketing with a track record of proven success at leveraging technology to improve the customer experience.
Prudential Group Insurance Names Robert C. Love as Vice President of Middle Market Segment
Sep 4 14
Robert C. Love has been appointed vice president, Middle Market Segment for Prudential Group Insurance, a business of Prudential Financial Inc. In his new role, Love will be responsible for strategic planning for key middle market accounts, developing and expanding existing customer relationships, as well as new business acquisition and growth opportunities. He will also have oversight of the middle market sales and account management team. Love joins Prudential with over 25 years of experience in the insurance industry, primarily managing the distribution of group insurance products and services. Love most recently served as vice president and head of Group Benefit Distribution at The Guardian Life Insurance Company of America.
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