USX:VERY - Vericity Inc Vericity Inc
Sector: Financials, Industry: Life & Health Insurance
Next Earnings: 13 May 2024
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USD 11.31    -0.07 (-0.62%)

1 May 2024


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General

CEO: Mr. James Edward Hohmann

IPO: 2019-08-15

Headquarters: US

Employees: 458

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Description

Vericity Inc, along with its subsidiaries, offers life insurance products to the middle American market. The company conducts its business through our two operating subsidiaries. It operates through three segments namely Agency, Insurance, and Corporate. The Agency segment includes the insurance distribution operations of the company and includes commission revenue from the sale of Fidelity Life products. The Insurance segment, which is the key revenue-generating segment, is composed of three broad lines consisting of Direct Life, Closed Block, and Assumed Life and Annuities.

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