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Prudential Financial
-7.04%
Insurance and reinsurance / Insurance and Financial Services
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Prudential Financial, Inc. is a Fortune 500 company and one of the largest financial services institutions in the world. The company was founded in 1875 and is headquartered in Newark, New Jersey. It is a global company that provides a wide range of financial products and services, including life insurance, annuities, retirement-related services, mutual funds, and investment management. Prudential Financial serves over 100 million customers in more than 40 countries and has over $1.5 trillion in assets under management. The company's mission is to help people achieve financial security and peace of mind through its various products and services. Prudential Financial is committed to corporate responsibility, diversity and inclusion, and sustainability, and has been recognized for its efforts in these areas.
What is special about the company?
1. Long history: Prudential Financial was founded in 1875, making it one of the oldest and most established financial companies in the world.
2. Diverse range of products and services: The company offers a wide range of financial products and services such as life insurance, annuities, mutual funds, retirement planning, and investment management.
3. Global presence: Prudential Financial operates in over 40 countries worldwide, giving it a strong global footprint.
4. Strong financial stability: The company has a strong financial standing with a high credit rating and a track record of consistent and stable earnings.
5. Focus on sustainability: Prudential Financial has a strong commitment to sustainability and social responsibility, with initiatives focused on reducing their environmental footprint and promoting diversity and inclusion.
6. Innovation and technology: Prudential Financial has embraced technology and innovation to improve its products and services, leading to high customer satisfaction and loyalty.
7. Award-winning customer service: The company has been recognized for its exceptional customer service, winning awards from organizations like J.D Power and Associates and Fortune Magazine.
8. Diversity and inclusion: Prudential Financial promotes a diverse and inclusive work culture, with a strong focus on gender and racial equality.
9. Philanthropic efforts: The company has a long history of philanthropy and corporate social responsibility, with initiatives focused on education, disaster relief, and community development.
10. Strong leadership: Prudential Financial has a highly experienced and dynamic leadership team, with a strong track record of driving growth and serving the best interests of shareholders.
2. Diverse range of products and services: The company offers a wide range of financial products and services such as life insurance, annuities, mutual funds, retirement planning, and investment management.
3. Global presence: Prudential Financial operates in over 40 countries worldwide, giving it a strong global footprint.
4. Strong financial stability: The company has a strong financial standing with a high credit rating and a track record of consistent and stable earnings.
5. Focus on sustainability: Prudential Financial has a strong commitment to sustainability and social responsibility, with initiatives focused on reducing their environmental footprint and promoting diversity and inclusion.
6. Innovation and technology: Prudential Financial has embraced technology and innovation to improve its products and services, leading to high customer satisfaction and loyalty.
7. Award-winning customer service: The company has been recognized for its exceptional customer service, winning awards from organizations like J.D Power and Associates and Fortune Magazine.
8. Diversity and inclusion: Prudential Financial promotes a diverse and inclusive work culture, with a strong focus on gender and racial equality.
9. Philanthropic efforts: The company has a long history of philanthropy and corporate social responsibility, with initiatives focused on education, disaster relief, and community development.
10. Strong leadership: Prudential Financial has a highly experienced and dynamic leadership team, with a strong track record of driving growth and serving the best interests of shareholders.
What the company's business model?
The Prudential Financial company's business model is to provide insurance, investment management, and other financial products and services to individuals, businesses, and institutions. They primarily generate revenue through the sale of insurance policies, investment products, and annuities, while also earning fees and commissions for asset management and financial advisory services.
Interesting facts about the company
1. Prudential Financial was founded on May 30, 1875 by John F. Dryden.
2. In its early years, the company operated under the name The Widows and Orphans Friendly Society.
3. The iconic Rock of Gibraltar symbol was adopted by the company in 1896, representing strength, stability, and security.
4. Prudential Financial was the first company in the United States to make life insurance available to the general public.
5. After the Great Chicago Fire of 1871, Prudential Financial played a crucial role in helping to rebuild the city by providing insurance policies to homeowners and businesses.
6. In the 1920s, Prudential Financial became the largest life insurance company in the world.
7. During World War II, Prudential Financial sold savings bonds to support the war effort, raising over $3 billion.
8. In 1956, Prudential Financial introduced the first mass-marketed mutual fund and pioneered the use of computers in the insurance industry.
9. Prudential Financial has a long history of supporting women’s rights and was one of the first companies to employ women in professional roles.
10. In the 1980s, Prudential Financial expanded its services to include a broad range of financial products such as investment management, retirement planning, and real estate services.
11. In 2019, Prudential Financial ranked as the 48th largest company in the United States, based on total revenue.
12. Prudential Financial has a strong commitment to corporate social responsibility and has been recognized for its efforts in areas such as sustainability and diversity.
13. The company has a presence in more than 40 countries and serves over 100 million customers worldwide.
14. In 2020, Prudential Financial was named one of the World’s Most Ethical Companies by the Ethisphere Institute for the sixth consecutive year.
15. Prudential Financial has been the title sponsor of the Prudential RideLondon, a popular cycling event in the UK, since 2013.
16. The company has been awarded numerous accolades for its workplace culture, including being named one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign.
See Company Due Diligence:
2. In its early years, the company operated under the name The Widows and Orphans Friendly Society.
3. The iconic Rock of Gibraltar symbol was adopted by the company in 1896, representing strength, stability, and security.
4. Prudential Financial was the first company in the United States to make life insurance available to the general public.
5. After the Great Chicago Fire of 1871, Prudential Financial played a crucial role in helping to rebuild the city by providing insurance policies to homeowners and businesses.
6. In the 1920s, Prudential Financial became the largest life insurance company in the world.
7. During World War II, Prudential Financial sold savings bonds to support the war effort, raising over $3 billion.
8. In 1956, Prudential Financial introduced the first mass-marketed mutual fund and pioneered the use of computers in the insurance industry.
9. Prudential Financial has a long history of supporting women’s rights and was one of the first companies to employ women in professional roles.
10. In the 1980s, Prudential Financial expanded its services to include a broad range of financial products such as investment management, retirement planning, and real estate services.
11. In 2019, Prudential Financial ranked as the 48th largest company in the United States, based on total revenue.
12. Prudential Financial has a strong commitment to corporate social responsibility and has been recognized for its efforts in areas such as sustainability and diversity.
13. The company has a presence in more than 40 countries and serves over 100 million customers worldwide.
14. In 2020, Prudential Financial was named one of the World’s Most Ethical Companies by the Ethisphere Institute for the sixth consecutive year.
15. Prudential Financial has been the title sponsor of the Prudential RideLondon, a popular cycling event in the UK, since 2013.
16. The company has been awarded numerous accolades for its workplace culture, including being named one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign.
See Company Due Diligence:
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