Expansion through Partnerships Security National Life Insurance Company has recently established strategic partnerships with financial institutions like Live Oak Bank and digital estate planning firms such as GoodTrust, opening avenues for cross-selling additional financial and estate planning services to existing policyholders.
Product Diversification The company offers a range of insurance products including preneed, final expense, and home service solutions, providing multiple entry points to engage different customer segments seeking affordable funeral and final expense coverage.
Regional Growth Focus Hires of Market Sales Managers in key regions such as New Orleans, Southern California, Southern Mississippi, Alabama, and Chicago indicate targeted efforts to expand local market penetration, creating opportunities for localized marketing and community engagement initiatives.
Digital Integration Utilizing online platforms and tools such as YouTube and contact forms alongside a tech stack that includes RSS feeds and web servers suggests readiness to enhance digital outreach, offering sales teams a way to reach tech-savvy customers more effectively.
Strong Revenue Potential With revenue estimates between 500 million to one billion dollars and a mid-sized employee base, the company presents substantial sales opportunities for partnerships or upselling within a financially robust organization focused on affordable final expense products.