john alden life
John Alden Life is a privately held U.S. insurance carrier offering life, LTC, annuity, disability, and supplemental health products. All policies are 100% reinsured and administered by external TPAs under ownership of 21st Century Life and Health Company, Inc.
- Company typePrivate
- Founded-
- HeadquartersWoodland Hills, United States
- Headcount—
- GTM typeB2C
- OfferingServices
What john alden life does
John Alden Life Insurance Company is a California-domiciled, privately held insurance carrier headquartered in Woodland Hills, California. The company offers a portfolio of individual and group insurance products spanning long-term care, annuities, term and universal life, individual variable life, accident and health, guaranteed renewable health, supplemental health, Medicare supplement, disability income, and group long-term disability coverage.
Operationally, John Alden Life does not sell policies directly to consumers and does not maintain proprietary underwriting, claims, or policy administration systems. All policies are 100% reinsured and managed by third-party administrators, with each product line routed to a specialized partner: LifeCare Assurance Company for long-term care, Talcott Resolutions / AIG / Prudential for annuities, Cigna for accident and health, CUNA Mutual Group for guaranteed renewable health and disability income, Allstate Health Solutions for supplemental and universal life, DMS for group long-term disability, and USIC/CUNA for disability income.
John Alden Life was acquired effective April 1, 2022 by 21st Century Life and Health Company, Inc. from Interfinancial Inc., a subsidiary of Assurant, Inc. Under its current ownership, the company functions as a closed-block, run-off-style entity whose economic activity consists of administrative fees and reinsurance margins on the existing in-force book, with no disclosed new sales activity or expansion initiatives.
john alden life firmographics
Firmographics- Name
- john alden life
- Legal name
- John Alden Life Insurance Company
- Website
- https://johnaldenlife.com
- Company type
- Private
- Operating status
- Operating
- Short description
- John Alden Life is a privately held U.S. insurance carrier offering life, LTC, annuity, disability, and supplemental health products. All policies are 100% reinsured and administered by external TPAs under ownership of 21st Century Life and Health Company, Inc.
- Ownership category
- akta.pro rank
john alden life industry classification
Industry- Product category
- Insurance — Life, Health, Long-Term Care, and Annuities
- NAICS
- Direct Life Insurance Carriers (524113), Direct Life, Health, and Medical Insurance Carriers (52411)
- SIC
- Life Insurance (6311), Accident & Health Insurance (6321), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Level Term Life Insurance (FSAIAAAA)
- akta.pro secondary industries
- Traditional Long-Term Care (LTC) Insurance (FSAIAJAA), Whole Life / UL Policy Riders & Add-ons (e.g., Waiver of Premium, Accidental Death, Child Term, LTC/Chronic Illness) (FSAIABAK)
Keywords
Where john alden life is headquartered
LocationHeadquarters
- HQ city
- Woodland Hills
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
john alden life business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Others, Personnel, Marketing or Sales
Revenue model
- Insurance Premiums: John Alden Life historically provided individual and group life, accident and health insurance. The company collects premiums from policyholders and retains risk through reinsurance arrangements. Policies are 100% reinsured, with the company earning administrative fees and potential reinsurance margins.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
john alden life product offering
Product offeringCore offering
John Alden Life Insurance Company is a U.S. life and health carrier that provides individual and group life insurance (term, universal, and variable), annuities, long-term care insurance, accident and health coverage, disability income and group long-term disability insurance, and Medicare Supplement insurance. The company does not sell directly to consumers; all policies are 100% reinsured, and administration, claims, and customer servicing are outsourced to a dedicated network of third-party administrators.
Product overview
John Alden Life is an insurance company offering a portfolio of individual and group insurance products. The company operates as a carrier whose policies are 100% reinsured and managed by third-party administrators. Its core products include Long-Term Care Insurance (administered by LifeCare Assurance Company), Annuities (administered by Talcott Resolutions, AIG, and Prudential), Term and Universal Life Insurance, Accident and Health Insurance (including disability, Medicare Supplement, and dental coverage administered by Cigna, CUNA, and Allstate Health Solutions), and Group Long-term Disability Insurance (administered by DMS). The company is owned by 21st Century Life and Health Company, Inc. as of April 2022.
Differentiator
Problem solved
Functional benefit
Products and services
- Long-Term Care Insurance Long-term care insurance that helps policyholders live as independently and safely as possible when they can no longer perform everyday activities on their own. Designed for individuals and groups seeking coverage for extended care needs. Policies are administered by LifeCare Assurance Company (LCA) and 100% reinsured by John Alden Life.
- Annuities Annuities providing guaranteed lifetime income so policyholders will not outlive their assets. Includes deferred and annuitized annuity contracts administered by Talcott Resolutions, AIG, and Prudential, and reinsured by John Alden Life.
- Term Life Insurance Term life insurance providing financial protection for loved ones over a defined policy term. Designed for individuals seeking straightforward, temporary life coverage.
- Universal Life Insurance Universal life insurance providing lifetime protection with flexible premium and death benefit options. Administered by Allstate Health Solutions and reinsured by John Alden Life.
- Accident and Health Insurance Accident and health insurance covering disability, Medicare Supplement, dental, and other health insurance types. Designed for individuals and seniors needing supplemental medical and disability protection. Administered by Cigna and reinsured by John Alden Life.
- Guaranteed Renewable Health Insurance Guaranteed renewable health insurance policies that provide continuing coverage subject to policy terms. Administered by CUNA Mutual Group and reinsured by John Alden Life.
- Supplemental Health Insurance Supplemental health insurance that supplements primary insurance coverage, filling gaps in standard health plans. Administered by Allstate Health Solutions and reinsured by John Alden Life.
- Disability Income Insurance Disability income insurance replacing a portion of earned income for individuals unable to work due to disability. Administered by USIC/CUNA and reinsured by John Alden Life.
- Group Long-term Disability Insurance Employer-sponsored group long-term disability insurance providing income protection for employees unable to work for extended periods. Administered by Disability Management Services (DMS) and reinsured by John Alden Life.
- Individual Variable Life Insurance Individual variable life insurance that combines a life insurance death benefit with a cash value component tied to underlying investment performance. Reinsured by John Alden Life and serviced via dedicated administrator contact line.
- Medicare Supplement Insurance Medicare Supplement insurance covering out-of-pocket costs and coverage gaps not paid by Medicare. Designed for seniors and retirees with existing Medicare coverage. Administered as part of the Accident and Health line by Cigna and reinsured by John Alden Life.
Companies that use john alden life
Customer profileSegments3 records
Ideal customer profiles3 records
john alden life technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
john alden life partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- CignacoreJohn Alden Accident and Health Insurance policies are administered by Cigna. Contact: 800-441-2668, www.cignaglobalhealth.com.
- CUNA Mutual GroupcoreJohn Alden Guaranteed Renewable Health Insurance and Disability Income Insurance policies are administered by CUNA Mutual Group. Contact: 800-225-9707, www.cunamutual.com.
- Allstate Health SolutionscoreJohn Alden Supplemental Health Insurance, Universal Life Insurance, and Supplemental Life Insurance policies are administered by Allstate Health Solutions. Contact: 888-781-0585, www.allstatehealth.com.
- Talcott ResolutionscoreJohn Alden Annuities and Annuitized Annuities policies are administered by Talcott Resolutions. Contact: 800-862-6668, www.talcottresolution.com.
- AIGcoreJohn Alden Annuities policies are administered by AIG. Contact: 800-424-4990, www.aigdirect.com.
- PrudentialcoreJohn Alden Annuities policies are administered by Prudential. Contact: 800-243-5433.
- Disability Management Services (DMS)coreJohn Alden Group Long-term Disability Insurance policies are administered by DMS. Contact: 800-804-5342.
- LifeCare Assurance CompanycoreJohn Alden Long-Term Care Insurance (Individual and Group) policies are administered by LifeCare Assurance Company. Contact: 888-503-8104, www.lifecareassurance.com. This is the primary contact for LTC policy inquiries.
- USICcoreJohn Alden Disability Income Insurance policies are administered by USIC/CUNA.
Recent moves4 records
Expansion highlights3 records
john alden life competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
john alden life social profiles
Digital presencejohn alden life financial estimates
Financial estimateRevenue estimate
Valuation estimate
john alden life leadership team
Management profileNumber of profiles
john alden life funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
john alden life M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about john alden life
What does john alden life do?
John Alden Life Insurance Company is a U.S. life and health carrier that provides individual and group life insurance (term, universal, and variable), annuities, long-term care insurance, accident and health coverage, disability income and group long-term disability insurance, and Medicare Supplement insurance. The company does not sell directly to consumers; all policies are 100% reinsured, and administration, claims, and customer servicing are outsourced to a dedicated network of third-party administrators.
Is john alden life a public or private company?
john alden life is a private company. It is classified as corporate owned and is currently operating.
When was john alden life founded?
john alden life was founded in -1.
Where is john alden life based?
john alden life is headquartered in Woodland Hills, United States, in the North America region.
How does john alden life make money?
One revenue line is on record: insurance Premiums.
Does john alden life have an API?
No public API is recorded for john alden life.
What industry is john alden life in?
john alden life's product category is Insurance — Life, Health, Long-Term Care, and Annuities. Its primary akta.pro industry code is FSAIAAAA, Level Term Life Insurance, with a secondary code of FSAIAJAA, Traditional Long-Term Care (LTC) Insurance. Its NAICS code is 524113 and its SIC code is 6311.