Genworth Financial
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About Genworth Financial
Industries
Social Impact
Financial Services
Healthcare
Company Size
N/A
Company Stage
IPO
Total Funding
N/A
Headquarters
Richmond, Virginia
Founded
2004
Overview
Simplify's Take
What believers are saying
- Increased demand for long-term care insurance boosts Genworth's market potential.
- New investments indicate confidence in Genworth's growth prospects.
- Leadership promotions may improve company performance and employee satisfaction.
What critics are saying
- Rising premiums may deter potential customers from purchasing long-term care insurance.
- Class action lawsuit could result in financial penalties and reputational damage.
- Financial insecurity among older adults may decrease demand for Genworth's products.
What makes Genworth Financial unique
- Genworth offers specialized long-term care insurance amid rising care costs.
- The company focuses on financial products for financially insecure older adults.
- Genworth's leadership changes aim to enhance internal capabilities and performance.
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Funding
Total Funding
$0
Below
Industry Average
Funded Over
3 Rounds
Benefits
Health Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Disability Insurance
Life Insurance
Wellness Program
Mental Health Support
Gym Membership
Tuition Reimbursement
Student Loan Assistance
Company News
A nursing home worker helps a resident get out of bed. SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Nursing home stays and long-term care can cost well over $100,000 per year. To pay for it, families often have to liquidate their assets either to raise cash or to meet Medicaid’s spend-down requirements. If you want to protect your assets against this result, long-term care insurance could be your best option. But if this type of coverage isn’t available to you, you may need to look to Medicaid and consider shielding your assets from the program’s strict requirements. A financial advisor can help you plan for retirement, including your long-term care needs
Richmond, Virginia, United States, December 2024 - Lindsey Fisher has been promoted to Director of Talent Development at Genworth.
Intech Investment Management LLC makes new $573,000 Investment in Genworth Financial, Inc. (NYSE:GNW).
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Former employees of Genworth Financial Inc. were granted a slightly narrowed class action status in Trauernicht et al. v. Genworth Financial Inc. et al., a lawsuit alleging the firm's retirement plan committee breached its fiduciary duty under the Employee Retirement Income Security Act by defaulting participants into and leaving participants in BlackRock LifePath Index Funds, as opposed to shopping for and choosing different funds.
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About Genworth Financial
Industries
Social Impact
Financial Services
Healthcare
Company Size
N/A
Company Stage
IPO
Total Funding
N/A
Headquarters
Richmond, Virginia
Founded
2004
Genworth Financial is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today