About Genworth Financial

Genworth Financial, Inc. is a leading insurance holding company, serving the lifestyle protection, retirement income, investment and mortgage insurance needs of more than 15 million customers, and has operations in 24 countries, including the United States, Australia, Canada, Japan, Mexico, New Zealand, the United Kingdom and 17 other European countries.

We are dedicated strategically to helping people succeed financially at different stages of their lives. We do this through innovative products solutions that position us as leaders in focused market segments, including life and long term care insurance, payment protection insurance, small group benefits, mortgage insurance, individual and group annuities and investment products. These complementary market opportunities are powerfully aligned with compelling social goals and demographic trends – increasing home ownership, enabling people to live in financial security and providing them retirement tools.

As a publicly traded Fortune 500 company, we are building businesses today to address where the markets are headed, not where they have been. Our 7,000 Genworth associates believe in what we are doing – finding solutions with heart to help people lead successful and secure lives.

Genworth is a leading global provider of PPI and has been providing specialist PPI products and services for more than 34 years. Globally, our experience of underwriting PPI is unmatched. We have significant market diversification; relationships with more than 200 major financial institutions in 18 countries, and our products help manage capital reserving requirements and provide financial protection for consumers.

Payment Protection insurance (PPI) helps consumers meet their payment obligations on outstanding financial commitments, including mortgages, personal loans or credit cards in the event of involuntary unemployment, temporary disability (due to accident or sickness), permanent disability or death. For financial institutions, PPI serves as an additional source of revenue, as well as a marketing tool that broadens and differentiates core loan offerings. The product also helps financial institutions reduce the risk of their loan portfolios and eventually manage reserves and capital needs.