Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


April 28, 2015 11:29 AM ET

Insurance

Company Overview of The Prudential Insurance Company of America, Inc.

Company Overview

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

United States

Founded in 1873

Phone:

973-802-6000

Fax:

973-367-6476

Key Executives for The Prudential Insurance Company of America, Inc.

Executive Vice President of Financial Management
Age: 61
Executive Vice President and Chief Operating Officer
Age: 60
Chief Marketing Officer and Senior Vice President of Strategy
Age: 44
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

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

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

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.

Similar Private Companies By Industry

Company Name Region
HNI Risk Service Inc. United States
Lenhardt Insurance Agency, Inc. United States
Workers Compensation Exchange United States
Environmental Insurance Specialists United States
Pruco Life Insurance Company United States

Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 23, 2015
Patterson Companies, Inc.
Merger/Acquisition
January 7, 2015
The Prudential Insurance Company of America, Inc., Kierland II Building at 16260 71st St.
Private Placement
December 3, 2014
Copart, Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact The Prudential Insurance Company of America, Inc., please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.