Sumitomo Life Insurance
| Sumitomo Life Insurance Sumitomo Seimei Hoken
|
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|---|---|
 |
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| legal form | Sogo-gaisha |
| founding | 1907 |
| Seat | Osaka , Japan |
| management | Yoshio Sato (CEO) |
| Number of employees | approx. 42,000 |
| sales | approx. 44 million US dollars (2011) |
| Branch | Insurance |
| Website | www.sumitomolife.co.jp |
Sumitomo Life Insurance Company ( English ; short: Sumitomo Life ; Japanese 住友 生命 保 険 相互 会 社 , Sumitomo Seimei Hoken Sōgo-gaisha ) is a Japanese company with headquarters in Osaka .
The company offers various types of insurance for its customers. The insurance company is part of the Sumitomo Group .
history
The company was founded in 1907 under the name The Hinode Life Insurance Company . In 1925 the Sumitomo Group took over management and a year later the company was renamed Sumitomo Life Insurance Company .
In 1986 the subsidiary Sumitomo Life Insurance Agency America opened offices in New York and Los Angeles .
Sumitomo Life Insurance was the first Japanese insurance company to offer long-term care insurance (1999).
In 2011 it was announced that Sumitomo Life Insurance intends to expand into the Indian market.
meaning
Sumitomo Life Insurance is, alongside Nippon Life , one of the largest Japanese life insurance companies with annual sales of over 40 billion US dollars. It sells its products in Asia, North America and Europe. Over 40,000 employees work in around 80 branches and 2,000 branches.
Products
The company offers individual life insurance policies that, in addition to a payout in the event of death, can also include other insurance products, e.g. B. health, nursing care and accident insurance, coverage for specific illnesses and therapies, annual pensions in the event of illness, etc. In addition, it advises companies on setting up a company health insurance.
See also
Web links
- Sumitomo Life Balance Sheet (English)
- Sumitomo Life (Japanese)
- History of Sumitomo Life (English)