General Electric Financial
Company Ratings:
A+ from A.M. Best
AA from Standard & Poor's
Aa2 from Moody's
Find out what these ratings mean.
Company Web Page
www.gefn.com
GE Financial is a subsidiary of GE Insurance, a division of the General Electric Company. It is a global family of consumer-focused insurance and investment businesses that provides financial solutions, as well as education. GE Financial companies help consumers invest, protect, and retire with products that create and maintain personal wealth, preserve assets and improve lifestyles.
GE Financial offers a wide range of consumer financial products. This includes life insurance, annuities, mutual funds, long term care coverage, supplemental accident and health benefits, retirement plans, automobile coverage, and travel services and automobile clubs. Click Here for the full list of products.
GE Financial Company products are delivered through four primary channels:
- Intermediaries, such as brokerage agents, banks, securities brokerage firms, specialized brokers, and financial planning firms;
- Dedicated sales forces and financial advisors;
- Marketing through businesses;
- Direct and affinity-based marketing through e-commerce, telemarketing, direct mail, and the Internet.
Company History:
In 1892, The General Electric Company was formed by merging the Edison General Electric Company and the Thomson-Houston Company. In 1900, General Electric established the first laboratory in U.S. industry dedicated to scientific research. The Laboratory was located in Schenectady, NY.
The GE Credit Corporation was created in 1932 to help finance the sale of GE Appliances to American families. Consumer financing by the General Electric Contracts Corporation was made available to meet the widespread demand for the new variety of electric appliances.
In 1993, GE entered the consumer financial security market with the purchase of Seattle-based GNA Corp. After adding to its portfolio by purchasing AMEX Life Assurance - a leading provider of long term care insurance - and a number of smaller, strategically-positioned companies, GE significantly increased its market presence by purchasing Life of Virginia (now GE Life & Annuity), First Colony Life, and Union Fidelity in 1996. At that time, GE brought together all of its consumer insurance and investment businesses to create what is now GE Financial.
- Financial Synopsis and Brief History
- List of GE Financial Companies
- GE Company Officers
- GE Location/Contact Information
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*Some content is taken directly from the GE FInancial website, gefinancial.com