Mr. McInerney has been our President and Chief Executive Officer and a director since January 2013. He has also been responsible for the U.S. Life Insurance Division since July 2014. Before joining our company, Mr. McInerney had served as a Senior Advisor to the Boston Consulting Group from June 2011 to December 2012, providing consulting and advisory services to leading insurance and financial services companies in the United States and Canada. Prior to that, Mr. McInerney served in a variety of senior roles in the insurance industry, including 30 years working with ING Groep NV and Aetna Inc. He was a member of ING Groep's Management Board for Insurance, where he was the Chief Operating Officer for ING's insurance and investment management businesses worldwide. Prior to that, he served in many leadership positions with Aetna, where he began his career as an insurance underwriter in June 1978. Mr. McInerney is a member of the Board of the American Council of Life Insurers, and has been active with the Financial Services Roundtable ("FSR"), having served on FSR's board and Chief Executive Officer Committee. Mr. McInerney received a B.A. in Economics from Colgate University and an M.B.A. from the Tuck School of Business at Dartmouth College.
Genworth Financial is a Fortune 500 insurance company. The firm was founded as The Life Insurance Company of Virginia in 1871.[1] In 1986, Life of Virginia was acquired by Combined Insurance, which became Aon plc in 1987. In 1996, Life of Virginia was sold to GE Capital.[2] In May 2004, Genworth Financial was formed out of various insurance businesses of General Electric in the largest IPO of that year.[3]
The Genworth Financial family of companies has three segments: Retirement Protection, US Mortgage Insurance, and International. Products and services include life and long-term care insurance, wealth management, mortgage insurance, lifestyle protection insurance, and annuities. Its legal structure is set up as six separate companies.
