VALIC
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The Variable Annuity Life Insurance Company
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2929 Allen Pkwy. Houston, TX 77019 TX Tel. 713-522-1111 Toll Free 800-448-2542 |
Type: Subsidiary
On the web:
http://www.valic.com/VALIC_82_8630.html
Its name may make your eyes glaze over, but to the teachers and healthcare workers who depend on it for retirement security, The Variable Annuity Life Insurance Company (VALIC) is anything but boring. The firm is a major provider of group retirement plan services to elementary and high schools, colleges, and hospitals. It provides annuities and life insurance to more than 25,000 client groups (representing some 2 million investors) throughout the US. VALIC is part of AIG American General, the domestic life insurance operations of American International Group. Its products are distributed through both in-house and independent financial advisors.
Officers:
President and CEO: Bruce R. Abrams
SVP Corporate Communications, Retirement Services: Evelyn Curran
EVP and National Sales Manager: Shawn M. Duffy
Competitors:
CalPERS
Horace Mann
TIAA-CREF
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The Variable Annuity Life Insurance Company, or VALIC, a subsidiary of American International Group (AIG), is an insurance corporation that specializes in tax-qualified retirement plans, supplemental tax-deferred and after-tax investments.[1]. VALIC's CEO is Bruce R. Abrams.
VALIC's headquarters are in Houston, Texas. The company currently manages long-term investment programs for more than 28,000 education, healthcare, public sector and other organizations representing nearly 2 million investors in 41,000 locations in the US. VALIC ranks in the top 10 of all US and Canadian life insurance companies, based on its nearly $44 billion in assets. The company is a certified member of the Insurance Marketplace Standards Association (IMSA).
Competitors
- AXA Financial
- CalPERS
- Charles Schwab
- Fidelity
- ING
- Linsco/Private Ledger
- MetLife
- New York Life
- TIAA-CREF
- The Vanguard Group
See also
ING
External links
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- ^ http://www.times-herald.com/local/Grantvilles-insurer-breaking-ties-with-AIG-695060 Grantville's insurer breaking ties with troubled AIG
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