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Jeff-Pilot's buy of Hamilton signalling a new direction.(Jefferson-Pilot Corp., Alexander Hamilton Life Insurance Company of America)
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Jefferson-Pilot Corp is acquiring Alexander Hamilton Life Insurance Co of America in a $575 million cash transaction to extend its markets geographically and to bolster its field sales force of insurance agents. Alexander Hamilton will boost Jefferson-Pilot's current sales force of 10,000 to 16,000. Jefferson-Pilot also is acquiring Alexander Hamilton's bank distribution channels. Alexander Hamilton's credit insurance operation will not be part of the deal and will be retained by corporate pa...
Related newspaper, magazine, and journal articles from HighBeam Research
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JEFFERSON-PILOT ADDS 150 JOBS.(BUSINESS)
The News & Record (Piedmont Triad, NC)
; Byline: JACK SCISM Staff Writer About a dozen people move from Michigan to take jobs in Greensboro. Jefferson-Pilot Corp. is in the process of adding 150 jobs at its downtown Greensboro headquarters as a result of its acquisition of Michigan-based Alexander Hamilton Life Insurance Co. According to
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Courses for PPGAs are filling a gap in sales training. (personal producing general agents)
National Underwriter Life & Health-Financial Services Edition
; Courses For PPGAs Are Filling A Gap In Sales Training While a number of insurers provide personal producing general agents with advanced sales support, training programs for PPGAs are more difficult to find. The limited number of training options for PPGAs include Alexander Hamilton Life's PPGA
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JEFFERSON-PILOT ANNOUNCES BIG INCREASE IN EARNINGS PER SHARE.(BUSINESS)
The News & Record (Piedmont Triad, NC)
; Jefferson-Pilot Corp. on Monday announced a 17.3 percent increase in 1996 earnings per share, aided in part by contributions from Alexander Hamilton Life, the insurer the company bought in late 1995. Net income before realized sales on investments at the Greensboro-based life insurance company rose
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Finance industry trims its ranks. (Detroit, MI)(Industry Overview)
Crain's Detroit Business
; ... here to go get a job at, he said. I really don't see myself as a victim at all. I had a chance to join a brokerage. Not all the news in the industry is bad. New boutique money-management firms and boutique banks have sprung up all over metro Detroit in recent ...
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Jefferson-Pilot raising capital to fund growth.
National Underwriter Life & Health-Financial Services Edition
; Jefferson-Pilot Corp. announced an unusual capital-raising securities issue and said that a second issue was forthcoming. Combined capital raised from both issues could total slightly over $200 million. The revenue raising follows JP's growth efforts. The company, based in Greensboro, N.C.,
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