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Lincoln National
-9.86%
Insurance and reinsurance / Insurance and Financial Services
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Lincoln National Corporation, also known as Lincoln Financial Group, is a Fortune 500 American holding company which operates multiple insurance and investment management businesses through its subsidiaries. It was founded in 1905 and is headquartered in Radnor, Pennsylvania.
The company offers a range of financial products and services, including life insurance, annuities, retirement planning, and investment management. They also provide employer-sponsored retirement plans, group benefits, and executive benefits programs. Their customer base includes individuals, businesses, and institutional clients.
Lincoln National Corporation has a strong financial standing, with over $325 billion in assets under management and $16 billion in annual revenues. They have been recognized for their financial stability and customer satisfaction, consistently receiving high ratings from independent rating agencies such as A.M. Best and Standard & Poor's.
In addition to their main headquarters in Pennsylvania, Lincoln National also has a strong presence in other major cities such as New York, Chicago, and Atlanta. The company employs over 9,000 people and serves customers in the United States, Canada, and the United Kingdom.
Lincoln National is committed to corporate social responsibility and is actively involved in philanthropic initiatives, including programs to support education, healthcare, and community development. They have also been recognized for their commitment to diversity and inclusion in the workplace.
In summary, Lincoln National Corporation is a leading financial services company with a long history of success and a strong commitment to its customers, employees, and the communities it serves.
The company offers a range of financial products and services, including life insurance, annuities, retirement planning, and investment management. They also provide employer-sponsored retirement plans, group benefits, and executive benefits programs. Their customer base includes individuals, businesses, and institutional clients.
Lincoln National Corporation has a strong financial standing, with over $325 billion in assets under management and $16 billion in annual revenues. They have been recognized for their financial stability and customer satisfaction, consistently receiving high ratings from independent rating agencies such as A.M. Best and Standard & Poor's.
In addition to their main headquarters in Pennsylvania, Lincoln National also has a strong presence in other major cities such as New York, Chicago, and Atlanta. The company employs over 9,000 people and serves customers in the United States, Canada, and the United Kingdom.
Lincoln National is committed to corporate social responsibility and is actively involved in philanthropic initiatives, including programs to support education, healthcare, and community development. They have also been recognized for their commitment to diversity and inclusion in the workplace.
In summary, Lincoln National Corporation is a leading financial services company with a long history of success and a strong commitment to its customers, employees, and the communities it serves.
What is special about the company?
The Lincoln National company, also known as Lincoln Financial Group, is one of the leading financial and insurance companies in the United States. It was founded in 1905 in Fort Wayne, Indiana and has since expanded to become a Fortune 250 company with over 17 million customers.
One of the main factors that make Lincoln National stand out is its long and successful history. The company has been in business for over 115 years, surviving two World Wars, the Great Depression, and numerous other economic crises.
Lincoln National is also known for its strong commitment to its customers and stakeholders. The company places a high value on integrity, honesty, and transparency, which has helped build and maintain trust with its clients over the years.
Additionally, Lincoln National has a diverse portfolio of products and services, including life insurance, retirement planning, and investment management. This allows the company to cater to a wide range of financial needs and goals for individuals and businesses.
Another area where Lincoln National excels is in innovation and technology. The company continuously invests in new technologies and strategies to improve its products and services and enhance customer experience.
Finally, Lincoln National has a strong corporate responsibility program, focusing on philanthropy, environmental sustainability, and diversity and inclusion initiatives. This commitment to social responsibility has earned the company numerous awards and recognition.
One of the main factors that make Lincoln National stand out is its long and successful history. The company has been in business for over 115 years, surviving two World Wars, the Great Depression, and numerous other economic crises.
Lincoln National is also known for its strong commitment to its customers and stakeholders. The company places a high value on integrity, honesty, and transparency, which has helped build and maintain trust with its clients over the years.
Additionally, Lincoln National has a diverse portfolio of products and services, including life insurance, retirement planning, and investment management. This allows the company to cater to a wide range of financial needs and goals for individuals and businesses.
Another area where Lincoln National excels is in innovation and technology. The company continuously invests in new technologies and strategies to improve its products and services and enhance customer experience.
Finally, Lincoln National has a strong corporate responsibility program, focusing on philanthropy, environmental sustainability, and diversity and inclusion initiatives. This commitment to social responsibility has earned the company numerous awards and recognition.
What the company's business model?
The Lincoln National company is a financial services and insurance provider. Their business model is focused on helping individuals and businesses achieve financial security and protection through various insurance and retirement planning products. They offer a wide range of products and services such as life insurance, annuities, group benefits, and wealth management solutions. Their business model is based on providing customized solutions and personalized service to their clients, as well as utilizing technology and digital tools to enhance the customer experience. They also have a strong focus on sustainability and corporate social responsibility, aiming to make a positive impact on society and the environment.
Interesting facts about the company
1. The company was originally founded as the Lincoln National Life Insurance Company in Fort Wayne, Indiana in 1905.
2. It was named after President Abraham Lincoln, who was known for his values of honesty, integrity, and fairness.
3. The company’s first president was Arthur Hall, who had previously worked for another life insurance company.
4. In its early years, the company primarily sold life insurance policies to middle- and low-income individuals.
5. In 1928, the company moved its headquarters to Philadelphia, Pennsylvania, where it remains today.
6. The company expanded into other areas of insurance in the 1960s, including group life and health insurance, annuities, and retirement plans.
7. In 1971, the company adopted the name Lincoln National Corporation to reflect its diversification into non-insurance businesses.
8. Today, the company offers a wide range of financial and retirement products and services, including annuities, life insurance, retirement plans, and investment management.
9. It is ranked among the largest insurance and investment management companies in the United States.
10. In 2019, the company had $304 billion in assets under management.
11. The company has received numerous awards for its workplace culture and diversity, including being named one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign.
12. Lincoln National Corporation was one of the first companies to commit to paying its employees a minimum wage of $15 per hour in 2016.
13. As part of its commitment to sustainability, the company has set multiple environmental, social, and governance (ESG) goals and focuses on responsible investing.
14. Lincoln National Corporation is the official sponsor of the Lucas Oil Stadium in Indianapolis, Indiana, home of the NFL’s Indianapolis Colts.
15. The company also has a long history of philanthropy and community involvement, supporting numerous charitable organizations and initiatives.
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2. It was named after President Abraham Lincoln, who was known for his values of honesty, integrity, and fairness.
3. The company’s first president was Arthur Hall, who had previously worked for another life insurance company.
4. In its early years, the company primarily sold life insurance policies to middle- and low-income individuals.
5. In 1928, the company moved its headquarters to Philadelphia, Pennsylvania, where it remains today.
6. The company expanded into other areas of insurance in the 1960s, including group life and health insurance, annuities, and retirement plans.
7. In 1971, the company adopted the name Lincoln National Corporation to reflect its diversification into non-insurance businesses.
8. Today, the company offers a wide range of financial and retirement products and services, including annuities, life insurance, retirement plans, and investment management.
9. It is ranked among the largest insurance and investment management companies in the United States.
10. In 2019, the company had $304 billion in assets under management.
11. The company has received numerous awards for its workplace culture and diversity, including being named one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign.
12. Lincoln National Corporation was one of the first companies to commit to paying its employees a minimum wage of $15 per hour in 2016.
13. As part of its commitment to sustainability, the company has set multiple environmental, social, and governance (ESG) goals and focuses on responsible investing.
14. Lincoln National Corporation is the official sponsor of the Lucas Oil Stadium in Indianapolis, Indiana, home of the NFL’s Indianapolis Colts.
15. The company also has a long history of philanthropy and community involvement, supporting numerous charitable organizations and initiatives.
See Company Due Diligence:
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