NEW YORK–(BUSINESS WIRE)–Oct. 28, 2004–The Wall Street Transcript has published an in-depth interview with Richard Vie, Chairman and CEO of Unitrin, Inc. (NYSE:UTR) in which he talks at length about the Company.
The entire 2,500 word interview is available free online at http://www.twst.com/ceos.htm.
Unitrin is one of the nation’s leading financial services providers. Serving clients in markets across the United States, the Unitrin family of companies specializes in property and casualty insurance, life and health insurance, and consumer finance. More than 6 million policyholders and consumer finance customers have their insurance and financial needs met by a nationwide network of career and independent agents and loan representatives. With $8.8 billion in assets, Unitrin employs nearly 9,000 associates.
In describing the Company’s current position Mr. Vie states, “Unitrin’s property and casualty insurance operations rank in the top 50 largest property and casualty groups, and we are among the top 25 largest automobile insurers in the U.S. Approximately 85% of our property and casualty business is personal lines. Our life operation is in the top 100 life insurance groups in the country.”
Regarding the company’s growth strategy Mr. Vie states, “Our business will grow through our relationship with independent agents. Our focus is on making our independent agent more successful. Overall, Unitrin’s top line revenue has increased 50% in the last four years mostly through our acquisition of the personal lines business of the Kemper Insurance companies. We believe we are now well positioned to grow organically.”
The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call 800/246-7673.
CONTACT: Unitrin, Inc.
Ed Konar, 312-661-4930
SOURCE: Unitrin, Inc.