John Hancock Insurance

    annuities and mutual funds

     

    Headquarters: 601 Congress St., Boston, MA 02210-2805
    http://www.johnhancock.com/

    John Hancock Insurance operates as a wholly owned subsidiary of Manulife Financial (NASDAQ: MFC).

    Key Officers: Keith F. Hartstein, President and Chief Executive Officer, John Hancock Funds; James R. Boyle, President, John Hancock Financial Services; Steve Finch, President and General Manager, John Hancock Life Insurance

    2010 First Quarter Premiums and Deposits: $8.8 billion (53 percent of Manulife Financial’s overall premiums and deposits of $16.5 billion)

    John Hancock Insurance was formed in Boston in 1862 and named in honor of John Hancock, the first and third governor of the Commonwealth of Massachusetts. By 1918, the company had over $1 billion in life insurance policies. Today, their core products include life insurance, long-term care insurance, annuities and mutual funds.

    The company pledged $11.3 million and over 10,000 volunteer hours to support community programs in 2008. Its partnerships include the Boston Marathon, the Boston Red Sox, the Los Angeles Dodgers, and various institutions across the country.

    The New York Times listed John Hancock Insurance as one of the “100 Most Powerful Corporate, Media and Product Brands of the 20th Century.”

    Sources: johnhancock.com, Hoover’s

    Compiled by Life Quotes, Inc. staff

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Consumer Insurance Guide SM provides a wide selection of originally-authored articles and expert advice targeted to the self-directed insurance shopper. Our mission is to provide consumers with useful, money-saving information on all things having to do with making sound insurance purchase decisions.

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