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Genworth Financial, Inc. specializes in financial protection products, primarily focusing on long-term care and mortgage insurance. The company designs and delivers solutions that help individuals manage costs associated with aging and secure homeownership. It leverages extensive experience in the insurance sector to provide stability and support across life stages.
Genworth Financial traces its roots to The Life Insurance Company of Virginia, founded in 1871 in Petersburg, Virginia, by A.G. McIlwaine. This predecessor initially focused on life insurance and financial support for homeownership and aging. Genworth Financial, Inc. was formally established and spun off from General Electric in 2004, building upon a long history of insurance expertise.
The company serves families and individuals seeking to protect assets and plan for future care needs, alongside mortgage lenders and homeowners. Genworth's vision centers on empowering families to confidently navigate the complexities of aging and financial planning. It aims to offer solutions that foster security and peace of mind.
Key people at Genworth.
Genworth was founded in 1871 by Dave Reedy (Founder and President).
Genworth was founded in 1871 by Dave Reedy (Founder and President).
Key people at Genworth.