
Genworth Financial Inc
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Business profile
Genworth Financial Inc Genworth Financial, Inc. is a diversified financial services company specializing in insurance and retirement solutions. The company operates through three core segments: Enact, Long-Term Care Insurance, and Life and Annuities. Enact is a leading provider of mortgage insurance, offering primary mortgage insurance, contract underwriting services, and other related products designed to protect lenders and investors against borrower default. The Long-Term Care Insurance segment focuses on providing comprehensive insurance policies that help individuals manage the substantial and growing expenses associated with long-term care services, whether delivered at home, in assisted living facilities, or in nursing homes. The Life and Annuities segment offers a broad range of protection and retirement income products, including various forms of life insurance such as term, universal, and corporate-owned life insurance, alongside fixed and variable annuities designed to provide financial security and income during retirement. Genworth distributes its offerings through a multi-channel approach, leveraging its sales force, independent sales representatives, and robust digital marketing initiatives to reach a wide customer base. With a history dating back to 1871, Genworth has established a significant presence in the U.S. and select international markets, positioning itself as a key player in helping individuals and families achieve financial security.