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  September 5, 2001
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Home > Company Index > Insurance > Multiline Insurance > Alfa Corporation

Alfa Corporation
Nasdaq: ALFA
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 PROFILE
Alfa is top dog in the Alabama insurance pack. The corporation is part of a mutual holding company structure whose foundation is the Alfa Mutual companies, which own 51% of the corporation. The structure allows Alfa Mutual Insurance and Alfa Mutual Fire policy holders to retain control of the company. It also allows the company to engage in non-insurance operations that include consumer lending, real estate investment and sales, and construction. Alfa provides life, auto, homeowner, and other property/casualty insurance in Alabama, Georgia, and Mississippi. President and chairman Jerry Newby is also president of the Alabama Farmers Federation.

 COMPETITION
The Allstate Corporation (ALL)
Atlantic American Corporation (AAME)
Cotton States Life Insurance Company (CSLI)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 510.30
1-Yr. Sales Growth: 5.8%
Employees: 576
Revenue per employee: $885,937.50

 KEY PEOPLE
• Jerry A. Newby
    CEO
• Stephen G. Rutledge
    CFO

 CONTACT INFO
2108 E. South Blvd.
Montgomery, AL 36191
US
Phone: 334-288-3900
Fax: 334-288-0905
Online: Web Site

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