| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
15 |
| Employees |
236 |
| Revenues (TTM) (Millions $) |
178 |
| Net Income (TTM) (Millions $) |
-14 |
| Cash Flow (TTM) (Millions $) |
8 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Vericity Inc. is a financial technology company based in the United States. Founded in 2012, the company focuses on providing insurance solutions and financial products to consumers, businesses, and financial institutions. Vericity operates in four segments: Consumer, Employee Benefits, Education, and HSA.
The Consumer segment provides life insurance and annuity products to consumers. The company's life insurance products offer financial protection to families and individuals, while their annuity products offer a steady stream of income during retirement. The Consumer segment also offers cancer, heart attack, and stroke insurance to customers.
The Employee Benefits segment provides life and disability insurance products to employers. The products offer financial protection to employees and their families. In this segment, the company also offers HRA/HSA/FSA administration services.
The Education segment offers products and services related to financial education. The company's financial education platform teaches customers about personal finance, retirement planning, investment strategies, and insurance solutions.
The HSA segment offers health savings account (HSA) solutions to individuals and employers. The HSA product offers tax-free savings for medical expenses and provides personalized support for account holders.
Vericity operates a technology-enabled platform that simplifies the process of purchasing and managing insurance products. The company's platform uses data analytics and machine learning to help customers choose the right insurance products and customize their coverage.
Vericity's mission is to provide financial protection and education to individuals and businesses. The company believes that everyone deserves access to affordable, personalized insurance and financial products. Through their innovative platform and products, Vericity is taking a customer-centric approach to the insurance industry.
Company Address: 1350 E Touhy Avenue Des Plaines 60018 IL
Company Phone Number: 288-0073 Stock Exchange / Ticker: NASDAQ VERY
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