Utg

UTG is a solid, secure and growing company providing life insurance and administrative services. The foundation of the company's business is a commitment to excellence in customer service and ensuring profitability through administrative efficiency. The company's group of companies has a history of acquiring business spanning as far back as the 192... 0's. ur enthusiastic and energetic staff currently services over 1,500 plans of insurance with more than 4.5 billion dollars of individual insurance in force. The company's customer base, consisting of policyholders, fraternal members, securities and shareholders numbers nearly 550,000 people and is located in all 50 states. In addition, the company provides administrative services for several companies, including a Fortune 500 company, a fraternal and both on and off-shore reinsurers. Click hereto view a list of the life insurance companies in the company's group. In November, 1998 the company became affiliated with First Southern National Bank through the common ownership of Jess Correll (Correll Group) of central Kentucky. Today the Correll Group is the majority stockholder of both UTG and First Southern Bancorp. Click hereto learn more about First Southern National Bank. First Southern was started with assets of 21 million dollars. As of December 2011, the two companies combined had assets in excess of 1.1billion dollars. Together the company has formed an organization that covers the full range of financial services including banking, life insurance, annuities and asset management. The company's focus for the future includes growing the administrative service portion of the company's business. The company's staff has expertise in the areas of acquisitions, mergers, investments and marketing. They have been involved in more than 15 physical administrative mergers and over 30 system conversions.Read More