Case Study: Met Life

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Met life is a public holding company, which was founded in 1868. It is one of the oldest companies in the insurance industry. The firm has about 66,000 employees as of 2010 that specialize in Insurance, Annuities, Employee Benefits, and Banking. Furthermore, as of 2010, these services created about US$ 48.996 billion in equity for Met Life. Moreover, the firm is part of the fortune 100 companies, and has over 10 subsidiaries and affiliates worldwide. In addition, Met life is headquartered in New York but has offices, subsidiaries and affiliates in every continent. MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs. Through its subsidiaries and affiliates, MetLife holds leading …show more content…
Moreover, the company tries to define their work as what shapes the culture for their employees, shareholders and communities. They are relentless in their search for new and better ways of doing things. As a leader in their industry, they constantly raise the bar, take calculated risks and learn quickly from their mistakes.
Met life stresses on the importance of finding innovative ways of working on their product to connect customers to the best solutions because they understand that most products in the insurance industry aren’t always easy to understand.
They illustrate this idea even more in their mission statement by pointing out, “By doing this, we aim to exceed their expectations and build trust. United by our purpose, we live by a collective commitment to honesty, integrity and diversity. We are open and inclusive, proudly taking and applying the best ideas from every part of our
…show more content…
As of 2013, the company received an award from the Human Rights Campaign for hiring people from the LGBT community or for having a large number of LGBT employees. Moreover, they also received an award from a few Hispanic organizations for being the Best Company for Diversity and Latinas. In addition, they also received a G.I award for being military friendly. Not to mention that they also got labeled the best 100 companies for mothers by Working Mother Magazine. Finally, they also received an award for being the top 50 Fortune companies that are Green Power Users. I’ve learned that the company has been labeled “too big to fail” by the federal government. Met life are currently fighting back the label because they believe that the label will hurt the company in the competitive market. Moreover, it will make getting to the capital market a much harder procedure for the firm. With that being said, I like the fact that the company is capable of fighting back the Federal Government. In addition, that implies that the company is a financial powerhouse that could hold its own even against

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