John Hancock Financial Services, Inc. · Boston, MA United States
Company Description
Phone: 617-663-3000
Fax: 617-572-6015
Toll Free: 800-225-5291
Rankings
- #208 in FORTUNE 500
View John Hancock Financial Services, Inc. Locations On A US Map
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John Hancock, the man, was a revolutionary, but the company that bears his name is a bit less fiery. John Hancock Financial Services offers insurance, investment products, investment management, and other services. Its insurance products include variable, universal, and term life. John Hancock also provides retirement savings products -- annuities, mutual funds, 401(k), and long-term care insurance. One of the US's largest investors, John Hancock offers institutional asset management services, providing clients with specialty funds in such industries as timber and agriculture. It has more than $185 billion in funds under its management. First established in 1862, John Hancock is owned by Canada's Manulife . To read the full description, subscribe now.
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Key John Hancock Financial Services, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 7,965 |
John Hancock Financial Services, Inc. Executives
19 executives listed for John Hancock Financial Services, Inc.'s Boston, MA location.
| Title | Name & Bio | Contact |
| Chairman and CEO | John DesPrez | Network |
| President | James Boyle | Network |
| SVP and CFO | Lynne Patterson | Network |
Competition
Competitive Landscape for John Hancock Financial Services, Inc.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top John Hancock Financial Services, Inc. Competitors
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