About GILICO
GILICO is a company based in Baton Rouge (United States) founded in 1926 was acquired by Kuvare in October 2016.. GILICO has completed 1 acquisition, including Lincoln Benefit Life. GILICO offers products and services including Fixed Indexed Annuities and Fixed Annuities. GILICO operates in a competitive market with competitors including AIA Group, John Hancock, Globe Life And Accident Insurance, Western & Southern Financial Group and Nassau Financial Group, among others.
- Headquarter Baton Rouge, United States
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Guaranty Income Life Insurance Company
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
- Investments & Acquisitions
-
Acquired by
Kuvare
(Oct 03, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of GILICO
GILICO offers a comprehensive portfolio of products and services, including Fixed Indexed Annuities and Fixed Annuities. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Annuities linked to market indices for potential growth and income.
Guaranteed income products for stable retirement savings protection.
Unlock access to complete
Funding Insights of GILICO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GILICO
GILICO has secured backing from 1 investor. Prominent investors backing the company include Kuvare. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Diversified insurance products are distributed across multiple channels.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by GILICO
GILICO has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lincoln Benefit Life. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Life insurance coverage is provided to individuals and families.
|
1938 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - GILICO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gilico Comparisons
Competitors of GILICO
GILICO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AIA Group, John Hancock, Globe Life And Accident Insurance, Western & Southern Financial Group and Nassau Financial Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Life insurance and related services are offered across Asia-Pacific markets.
|
|
| domain | founded_year | HQ Location |
Offers life insurance products, investment advice, and retirement planning for individuals and businesses.
|
|
| domain | founded_year | HQ Location |
Life and accident insurance policies are provided by the company.
|
|
| domain | founded_year | HQ Location |
Life insurance, investments, and retirement solutions are provided to clients.
|
|
| domain | founded_year | HQ Location |
Diversified insurance brokerage services are provided from Hartford.
|
|
| domain | founded_year | HQ Location |
Annuities and life insurance products are offered by Brighthouse Financial.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Gilico
Frequently Asked Questions about GILICO
When was GILICO founded?
GILICO was founded in 1926.
Where is GILICO located?
GILICO is headquartered in Baton Rouge, United States. It is registered at Baton Rouge, Louisiana, United States.
Who is the current CEO of GILICO?
Joe Wieser is the current CEO of GILICO.
What does GILICO do?
GILICO was established in 1926 in Baton Rouge, United States, as a provider of life insurance. Operations focus on issuing policies and managing coverage for individuals and families across the country. Services include term life, whole life, and related financial protection options, with administration handled from the headquarters in Louisiana. The company serves policyholders through a network of agents and digital platforms.
Who are the top competitors of GILICO?
GILICO's top competitors include AIA Group, Brighthouse Financial and Globe Life And Accident Insurance.
What products or services does GILICO offer?
GILICO offers Fixed Indexed Annuities and Fixed Annuities.
How many acquisitions has GILICO made?
GILICO has made 1 acquisition, including Lincoln Benefit Life.
Who are GILICO's investors?
GILICO has 1 investor. Key investors include Kuvare.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.