Universal American Corp. · Rye Brook, NY United States ·(NYSE: UAM)
Company Description
Phone: 914-934-5200
Fax: 914-934-0700
Rankings
- #494 in FORTUNE 500
View Universal American Corp. Locations On A US Map
This link will open in a new window
This link will open in a new window Universal American is mining the silver-haired set for gold. The holding company owns several insurance firms aimed at US senior citizens, with such products as Medicare Advantage managed care plans and Medicare supplement insurance. Some 1.7 million customers are covered by its Medicare Part D prescription drug benefit plan products marketed under such names as and Community CCRx and PrescribeaRx. The company also offers senior life insurance, asset protection, and final expenses insurance sold under the Senior Solutions banner. Other subsidiaries market disability and hospitalization insurance and related products to self-employed individuals in the US. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Universal American Corp. Financials
| Company Type | Public - NYSE: UAM Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $4,659.2 |
| 2008 Employees | 2,100 |
Universal American Corp. Executives
22 executives listed for Universal American Corp.'s Rye Brook, NY location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Richard Barasch | Network |
| EVP and COO | Gary Bryant | Network |
| EVP and CFO | Robert Waegelein | Network |
Competition
Competitive Landscape for Universal American Corp.
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 Universal American Corp. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!