Changes
clarify
{{Infobox company
| name = Gerber Life Insurance Company
| logo =
| caption =
| type = [[Privately held company|Private]] (Subsidiary of [[Gerber Products Company]], which is a subsidiary of [[Nestlé]])
| genre =
| fate =
| predecessor =
| successor =
| foundation = {{start date and age|1967}}<br>[[Fremont, Michigan|Fremont]], [[Michigan]], [[United States|U.S.]]
| founder =
| defunct =
| location_city = [[White Plains, New York|White Plains]], [[New York (state)|New York]]
| location_country = U.S.
| location =
| locations =
| area_served =
| key_people =
| industry = Life Insurance
| products =
| services =
| revenue =
| operating_income =
| net_income =
| aum =
| assets =
| equity =
| owner =
| num_employees = 500
| parent = [[Gerber Products Company]], [[Nestlé]]
| divisions =
| subsid =
| homepage = {{URL|gerberlife.com}}
| footnotes =
}}
The '''Gerber Life Insurance Company''' was formed in 1967 as a subsidiary of the [[Gerber Products Company]], which itself is a subsidiary of [[Nestlé]], in [[Fremont, Michigan]].<ref>{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=6462500|title=Gerber Life Insurance Company: Private Company Information - Bloomberg|website=www.bloomberg.com|access-date=2017-11-16}}</ref> Gerber Life provides juvenile and family life insurance products to middle-income families along with medical insurance to small- and medium-sized businesses.<ref name="Cincinnati Business Courier"/>
==History==
Gerber Life is headquartered in [[White Plains, New York]] and has an operation center in [[Fremont, Michigan]].<ref>http://www.gerberlife.com/gl/view/index.jsp#product1 {{webarchive|url=https://web.archive.org/web/20101101185115/http://www.gerberlife.com/gl/view/index.jsp |date=2010-11-01 }}</ref> The company has $52 billion of life insurance in force with 3.6 million policies for individuals throughout the [[United States]], [[Puerto Rico]], and [[Canada]].<ref name="Investment News">{{cite news |last1=Iacurci |first1=Greg |title=Western & Southern buys Gerber Life Insurance in $1.55 billion deal |url=https://www.investmentnews.com/article/20180918/FREE/180919925/western-southern-buys-gerber-life-insurance-in-1-55-billion-deal |accessdate=16 October 2018 |publisher=Investment News |date=September 18, 2018}}</ref><ref name="Cincinnati Business Courier">{{cite news |last1=Caproni |first1=Erin |title=Western & Southern to make $1.5B acquisition |url=https://www.bizjournals.com/cincinnati/news/2018/09/17/western-southern-to-make-1-5b-acquisition.html |accessdate=16 October 2018 |publisher=Cincinnati Business Courier |date=September 17, 2018}}</ref>
In 2007, Nestle acquired the company.<ref name="Cincinnati Business Courier"/>
Nestle announced on September 17, 2018 that it would be selling the Gerber Life Insurance Company to [[Western & Southern Financial Group]] for $1.55 billion.<ref>{{cite web|url=https://www.wsj.com/articles/nestle-to-sell-gerber-life-insurance-to-western-southern-financial-1537222977|title=Nestlé to Sell Gerber Life Insurance to Western & Southern Financial|first1=Leslie|last1=Scism|first2=Robert|last2=Barba|date=17 September 2018|publisher=|via=www.wsj.com}}</ref>
==References==
<references />
==External links==
*[http://www.gerberlife.com Gerber Life Insurance corporate Web site]
{{Nestlé}}
[[Category:Companies based in Michigan]]
[[Category:American companies established in 1967]]
[[Category:Nestlé brands]]
[[Category:Newaygo County, Michigan]]
[[Category:1967 establishments in Michigan]]
[[Category:Companies based in White Plains, New York]]
| name = Gerber Life Insurance Company
| logo =
| caption =
| type = [[Privately held company|Private]] (Subsidiary of [[Gerber Products Company]], which is a subsidiary of [[Nestlé]])
| genre =
| fate =
| predecessor =
| successor =
| foundation = {{start date and age|1967}}<br>[[Fremont, Michigan|Fremont]], [[Michigan]], [[United States|U.S.]]
| founder =
| defunct =
| location_city = [[White Plains, New York|White Plains]], [[New York (state)|New York]]
| location_country = U.S.
| location =
| locations =
| area_served =
| key_people =
| industry = Life Insurance
| products =
| services =
| revenue =
| operating_income =
| net_income =
| aum =
| assets =
| equity =
| owner =
| num_employees = 500
| parent = [[Gerber Products Company]], [[Nestlé]]
| divisions =
| subsid =
| homepage = {{URL|gerberlife.com}}
| footnotes =
}}
The '''Gerber Life Insurance Company''' was formed in 1967 as a subsidiary of the [[Gerber Products Company]], which itself is a subsidiary of [[Nestlé]], in [[Fremont, Michigan]].<ref>{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=6462500|title=Gerber Life Insurance Company: Private Company Information - Bloomberg|website=www.bloomberg.com|access-date=2017-11-16}}</ref> Gerber Life provides juvenile and family life insurance products to middle-income families along with medical insurance to small- and medium-sized businesses.<ref name="Cincinnati Business Courier"/>
==History==
Gerber Life is headquartered in [[White Plains, New York]] and has an operation center in [[Fremont, Michigan]].<ref>http://www.gerberlife.com/gl/view/index.jsp#product1 {{webarchive|url=https://web.archive.org/web/20101101185115/http://www.gerberlife.com/gl/view/index.jsp |date=2010-11-01 }}</ref> The company has $52 billion of life insurance in force with 3.6 million policies for individuals throughout the [[United States]], [[Puerto Rico]], and [[Canada]].<ref name="Investment News">{{cite news |last1=Iacurci |first1=Greg |title=Western & Southern buys Gerber Life Insurance in $1.55 billion deal |url=https://www.investmentnews.com/article/20180918/FREE/180919925/western-southern-buys-gerber-life-insurance-in-1-55-billion-deal |accessdate=16 October 2018 |publisher=Investment News |date=September 18, 2018}}</ref><ref name="Cincinnati Business Courier">{{cite news |last1=Caproni |first1=Erin |title=Western & Southern to make $1.5B acquisition |url=https://www.bizjournals.com/cincinnati/news/2018/09/17/western-southern-to-make-1-5b-acquisition.html |accessdate=16 October 2018 |publisher=Cincinnati Business Courier |date=September 17, 2018}}</ref>
In 2007, Nestle acquired the company.<ref name="Cincinnati Business Courier"/>
Nestle announced on September 17, 2018 that it would be selling the Gerber Life Insurance Company to [[Western & Southern Financial Group]] for $1.55 billion.<ref>{{cite web|url=https://www.wsj.com/articles/nestle-to-sell-gerber-life-insurance-to-western-southern-financial-1537222977|title=Nestlé to Sell Gerber Life Insurance to Western & Southern Financial|first1=Leslie|last1=Scism|first2=Robert|last2=Barba|date=17 September 2018|publisher=|via=www.wsj.com}}</ref>
==References==
<references />
==External links==
*[http://www.gerberlife.com Gerber Life Insurance corporate Web site]
{{Nestlé}}
[[Category:Companies based in Michigan]]
[[Category:American companies established in 1967]]
[[Category:Nestlé brands]]
[[Category:Newaygo County, Michigan]]
[[Category:1967 establishments in Michigan]]
[[Category:Companies based in White Plains, New York]]
