Company Profile on Conseco Inc.

Conseco, Inc., through its subsidiaries, engages in the development, marketing, and administration of supplemental health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. The company operates in three segments: Bankers Life, Colonial Penn, and Conseco Insurance Group. The Bankers Life segment markets and distributes Medicare supplement insurance, life insurance, long-term care insurance, Medicare part D prescription drug program, Medicare advantage products, and certain annuity products through career agents and sales managers. The Colonial Penn segment markets primarily graded benefit and simplified issue life insurance directly to customers through television advertising, direct mail, Internet, and telemarketing. The Conseco Insurance Group segment markets and distributes specified disease insurance, Medicare supplement insurance, and various life and annuity products through independent marketing organizations. This segment markets its products under the Conseco and Washington National brand names. The company also offers reinsurance products. It also sells products through professional independent producers and direct marketing. Conseco, Inc. has a strategic alliance with Coventry Health Care. The company was founded in 1979 and is headquartered in Carmel, Indiana.