Bankers Life and Casualty Insurance SWOT Analysis, Competitors & USP

CNO Financial Group

Health Insurance

Banking & Financial Services

For the Life of your Retirement

Integrity, Customer-Focus, Excellence and Teamwork

Insurance needs of the retirement market

Middle Income group Americans(mostly focused on retirees)

Broad portfolio of life and health insurance retirement products

Below are the Strengths in the SWOT Analysis of Bankers Life and Casualty Insurance:

1. Customer centric approaches and actions
2. Affordable insurance for middle income Americans
3. One of the largest individual insurers in the health and accident field
4. Offers a comprehensive portfolio of insurance products and has the first mover advantage in Medicare Supplement plans

Here are the weaknesses in the Bankers Life and Casualty Insurance SWOT Analysis:

1. High amount of alleged complaints among long-term care clients, might question the credibility of the company
2.Competition from bigger players means limited market share

Following are the Opportunities in Bankers Life and Casualty Insurance SWOT Analysis:

1. Improve awareness about achieving financial security during retirement
2. Product and Geographical Expansion

The threats in the SWOT Analysis of Bankers Life and Casualty Insurance are as mentioned:

1. Regulatory requirements, might require updates to claim practices
2.Many existing and new players in the industry

3. Unfavorable economic conditions and changing govt policies can change

Below are the top 3 competitors of Bankers Life and Casualty Insurance:

1.American Income Life
2.Chicago Title Insurance Company
3.AAA Chicago