Company Overview
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), and stands as one of the largest global providers of insurance, annuities, and employee benefit programs. With around 90 million customers in over 60 countries, MetLife has established itself as a cornerstone of the financial services industry. The company's extensive portfolio includes life insurance, dental and vision insurance, retirement solutions, and comprehensive employee benefit programs that serve both individual consumers and corporations worldwide.
Founded in 1868 during the post-Civil War era, MetLife has evolved from a small insurance company serving disabled sailors and soldiers into a financial services giant with annual revenue of $70.986 billion as of 2024. The company completed a historic transformation from a mutual company to a publicly traded entity in 2000, marking 85 years as a mutual organization before its initial public offering. Today, MetLife operates through six distinct business segments: Group Benefits, Retirement and Income Solutions (RIS), Asia, Latin America, EMEA, and MetLife Holdings, providing tailored solutions to diverse markets across the globe.
MetLife's commitment to innovation and customer care has positioned it as a leader in the insurance industry. In 2024, CEO Michel A. Khalaf launched the "New Frontier" strategy, marking a bold evolution aimed at accelerating growth through digital transformation, enhanced customer experiences, and strategic acquisitions in asset management. The company earned recognition as a Great Place to Work® in 2024 and was named among Fortune's World Best Workplaces™, reflecting its dedication to fostering a purpose-driven, inclusive culture. With 45,000 employees worldwide, MetLife continues to help individuals and organizations navigate life's challenges while building financial security for the future.
The company has demonstrated resilience and strategic vision through major acquisitions, including the $1.2 billion acquisition of PineBridge Investments in December 2024 and the acquisition of investment teams from Mesirow managing $6 billion in assets in January 2025. These moves align with MetLife's strategic priority to expand its asset management capabilities and strengthen its position as a comprehensive financial services provider serving millions of customers globally.
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MetLife is an established challenger with significant market presence and competitive offerings in Insurance Tech.
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