The Baltimore Life Insurance Company - Strategic SWOT Analysis
Review
Reference Code: GDFS23549SA Publication Date: MAY 2011
10075 Red Run Boulevard Phone +1 410 5816600 Revenue 104.3 (million USD)
Owings Mills, MD Fax +1 410 5816601 Net Profit NA
21117 Website www.baltlife.com Employees NA
United States Exchange Industry Financial Services
Company Overview
The Baltimore Life Insurance Company (Baltimore Life) is a provider of life insurance products and services. The company offers
a range of insurance and annuity products for family needs. Its products and services include whole life insurance for seniors
aged 50-80 for final expense protection; annuity products and critical illnesses insurance, with covered illnesses including cancer,
heart attack, kidney failure, major organ transplant or stroke; prescription drug savings programs and generation legacy .
Baltimore Life is licensed in 49 states and the District of Columbia. The company is headquartered in Maryland, the US.
Key Executives SWOT Analysis
Name Title The Baltimore Life Insurance Company, SWOT Analysis
David K. Ficca Chief Executive Officer Strengths Weaknesses
John J. Patterson Chief Operating Officer
Secure Rating Weak Financial Performance
L. John Pearson Chairman
Stephen C. Achuff Director Product Portfolio
Nancy S. Brodie Director
Source: Company Website, Primary and Secondary
Research, GlobalData
Opportunities Threats
New Product Development Competition in the Insurance
Key Competitors Industry
The Columbus Mutual Life Insurance Company Strategic Acquisition
Global Economic Imbalances
Arbella Insurance Group
American International Group, Inc.
Massachusetts Mutual Life Insurance Source: Company Website, Primary and Secondary Research, GlobalData
Company
Monumental Life Insurance Company
Source: Company Website, Primary and Secondary
Research, GlobalData
The Baltimore Life Insurance Company - Strategic SWOT Analysis Review Reference Code: GDFS23549SA
Source : www.globalcompanyintelligence.com Page 1
Table of Contents
Table of Contents........................................................................................................................................................................................................... 2
List of Tables .................................................................................................................................................................................................................. 3
Section 1 - About the Company ..................................................................................................................................................................................... 4
The Baltimore Life Insurance Company - Key Facts...................................................................................................................................................... 4
The Baltimore Life Insurance Company - Key Employees............................................................................................................................................. 5
The Baltimore Life Insurance Company - Key Employee Biographies .......................................................................................................................... 6
The Baltimore Life Insurance Company - Major Products and Services........................................................................................................................ 7
The Baltimore Life Insurance Company - History .......................................................................................................................................................... 8
The Baltimore Life Insurance Company - Locations And Subsidiaries .......................................................................................................................... 9
Head Office.............................................................................................................................................................................................................. 9
Other Locations & Subsidiaries ............................................................................................................................................................................... 9
Section 2 – Company Analysis .................................................................................................................................................................................... 10
The Baltimore Life Insurance Company - Business Description .................................................................................................................................. 10
The Baltimore Life Insurance Company - SWOT Analysis .......................................................................................................................................... 11
SWOT Analysis - Overview ................................................................................................................................................................................... 11
The Baltimore Life Insurance Company - Strengths.............................................................................................................................................. 11
Strength - Secure Rating................................................................................................................................................................................. 11
Strength - Product Portfolio............................................................................................................................................................................. 11
Strength - Part of Ward's 50............................................................................................................................................................................ 11
The Baltimore Life Insurance Company - Weaknesses......................................................................................................................................... 11
Weakness - Weak Financial Performance ...................................................................................................................................................... 11
The Baltimore Life Insurance Company - Opportunities........................................................................................................................................ 12
Opportunity - New Product Development........................................................................................................................................................ 12
Opportunity - Strategic Acquisition.................................................................................................................................................................. 12
Opportunity - Demand for Retirement Products in the US .............................................................................................................................. 12
The Baltimore Life Insurance Company - Threats ................................................................................................................................................. 12
Threat - Competition in the Insurance Industry ............................................................................................................................................... 12
Threat - Global Economic Imbalances ............................................................................................................................................................ 12
Threat - Tax Implications for US Life Insurance.............................................................................................................................................. 13
The Baltimore Life Insurance Company - Key Competitors ......................................................................................................................................... 14
Section 3 – Appendix ................................................................................................................................................................................................... 15
Methodology ...........................................................................................................................................................................................