April 22, 2018 3:15 AM ET

Insurance

Company Overview of Security Mutual Life Insurance Company of New York, Inc.

Company Overview

Security Mutual Life Insurance Company of New York, Inc. provides life insurance products and financial services for business and personal needs. The company offers individual life insurance protection, workplace benefits, annuities, and disability and long term care insurance products. It also offers financial planning services that include business continuation planning, charitable planning, employee benefits, estate planning, wealth transfer planning, pension distribution planning, and executive compensation planning; and retirement planning services, such as pension and profit sharing plans, classic defined benefit plans, 412(e)(3) fully insured plans, IRA and pension funding agreements,...

100 Court Street

PO Box 1625

Binghamton, NY 13902-1625

United States

Founded in 1886

Phone:

607-723-3551

Fax:

607-723-8665

Key Executives for Security Mutual Life Insurance Company of New York, Inc.

Chairman, President & CEO
Age: 65
Executive VP & CFO
Age: 66
Senior Vice President of Marketing
Chief Marketing Officer and Executive Vice President
Senior Vice President of ICS, Reinsurance, Claims & Customer Relations
Age: 60
Compensation as of Fiscal Year 2017.

Security Mutual Life Insurance Company of New York, Inc. Key Developments

Security Mutual Life Insurance Company of New York, Inc. Appoints Carol Baldwin Moody, J.D., to its Board of Directors

Security Mutual Life Insurance Company of New York has announced the election of Carol Baldwin Moody, J.D., to its Board of Directors. Ms. Moody is principal of CAB Moody, LLC.

Security Mutual Life Insurance Company of New York Introduces New Version of Social Security Evaluator Software

Security Mutual Life Insurance Company of New York announced the release of an improved version of its Social Security Evaluator software. The new version of the software incorporates an income tax feature, enabling the client to consider projected income tax exposures regarding his or her social security benefits. This new version requires only a few inputs. The core software, which was released in February of this year, creates client-specific reports that list and describe various claiming options and that rank the same based on cash flows and present values of those cash flows. The reports include colorful graphs and charts that advisors can use to discuss various options with their clients and contacts.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 23, 2018
Group Life, Disability and Accident Insurance Division of Security Mutual Life Insurance Company
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