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Balboa Insurance Group, Inc. · Irvine, CA United States

Company Description

3349 Michelson Ste. 200
Irvine, CA
92612
United States (Map)
Phone: 949-222-8000
Fax: 949-222-8777
Toll Free: 800-854-6115
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    When life gets rocky, Balboa is there to insure you. Balboa Insurance Group provides commercial and personal life, liability, and property insurance through subsidiaries including Balboa Insurance Company, Meritplan Insurance Company, Newport E&S Insurance Company, Newport Insurance Company, Balboa Life Insurance Company, and Balboa Life Insurance Company of New York. The company specializes in insurance programs for such customers as financial institutions and mortgage lenders. Products include credit life, homeowners insurance, lender-placed property hazard insurance, and home warranties. It is a subsidiary of Bank of AmericaTo read the full description, subscribe now.
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    Key Balboa Insurance Group, Inc. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$1,517.6
    Employees2,100

    Balboa Insurance Group, Inc. Executives

    25 executives listed for Balboa Insurance Group, Inc.'s Irvine, CA location.
    TitleName & BioContact
    President, CEO, and Senior Managing DirectorRobert JamesNetwork
    Managing Director and Chief Operating OfficerMyron HendryNetwork
    EVP and COODoreen DeLaneyNetwork

    Competition

    Competitive Landscape for Balboa Insurance Group, Inc.
    Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
    Top Balboa Insurance Group, Inc. Competitors
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