Description
SWOT ANALYSIS OF GENWORTH FINANCIAL
Genworth Financial
Parent Company
Genworth
Category
Diversified Insurance
Sector
Banking and Financial Services
Tagline/ Slogan
Think it Possible
An extensive distribution network that helps to reach out and leverage USP on rich experience in their domain
STP
US Life Insurance, US mortgage, international mortgage, wealth Segment management
Target Group
Individuals, High net worth individuals
An insurance leader dedicated to helping people secure their financial Positioning lives and families and futures
SWOT Analysis
1. The company boasts of a presence in over 25 countries with a workforce of over 6300 employees. 2. The company is global leader in management of mortgage default risk. 3. The company has an extensive distribution network of intermediaries like FIs, BGAs, IMOs, retail, independent advisors and mortgage professionals. 4. It offers services like life and Long Term Care Insurance, Wealth Strength Management, Mortgage Insurance, Lifestyle Protection Insurance etc
1. The company has low investments in research and development in terms of products and services. 2. The company is facing the problems of a high cost structure with Weakness impending increase in interest.
1. The recovery in the housing and real estate of US will revive the business of the company. Opportunity 2. The global positive outlook for real estate and housing due to
growing economies pose as an opportunity to the company. 3. The company can practice new acquisitions to increase its foothold in the growing economies.
1. Credit market crisis and housing crisis pose the biggest threats to the company. 2. The company operates in a very intense competitive environment along with increasing costs and interest rates. 3. Government regulations and the complex framework can affect the Threats company’s performance.
Competition
1. Manulife Financial Corporation Competitors 2. MetLife Inc.
doc_624993481.docx
SWOT ANALYSIS OF GENWORTH FINANCIAL
Genworth Financial
Parent Company
Genworth
Category
Diversified Insurance
Sector
Banking and Financial Services
Tagline/ Slogan
Think it Possible
An extensive distribution network that helps to reach out and leverage USP on rich experience in their domain
STP
US Life Insurance, US mortgage, international mortgage, wealth Segment management
Target Group
Individuals, High net worth individuals
An insurance leader dedicated to helping people secure their financial Positioning lives and families and futures
SWOT Analysis
1. The company boasts of a presence in over 25 countries with a workforce of over 6300 employees. 2. The company is global leader in management of mortgage default risk. 3. The company has an extensive distribution network of intermediaries like FIs, BGAs, IMOs, retail, independent advisors and mortgage professionals. 4. It offers services like life and Long Term Care Insurance, Wealth Strength Management, Mortgage Insurance, Lifestyle Protection Insurance etc
1. The company has low investments in research and development in terms of products and services. 2. The company is facing the problems of a high cost structure with Weakness impending increase in interest.
1. The recovery in the housing and real estate of US will revive the business of the company. Opportunity 2. The global positive outlook for real estate and housing due to
growing economies pose as an opportunity to the company. 3. The company can practice new acquisitions to increase its foothold in the growing economies.
1. Credit market crisis and housing crisis pose the biggest threats to the company. 2. The company operates in a very intense competitive environment along with increasing costs and interest rates. 3. Government regulations and the complex framework can affect the Threats company’s performance.
Competition
1. Manulife Financial Corporation Competitors 2. MetLife Inc.
doc_624993481.docx