Company Overview of United Services Automobile Association
United Services Automobile Association provides financial products and services to the military and their families in the United States. The company offers banking products and services comprising checking and savings accounts, certificates of deposit, credit cards, home mortgages, home equity products, and auto loans; and auto insurance, home and property insurance, life insurance, medicare solutions, annuities, and other insurance solutions. It also provides investment products and services in the areas of mutual funds, IRAs, brokerage services, college savings plans, and annuities; and retirement planning, money management, and youth banking solutions. In addition, the company offers fina...
9800 Fredericksburg Road
San Antonio, TX 78288
Founded in 1922
Key Executives for United Services Automobile Association
Chief Financial Officer and Executive Vice President
President of USAA Federal Savings Bank
President of USAA Financial Advice & Solutions Group
President of USAA Property & Casuality Insurance Group
Compensation as of Fiscal Year 2013.
United Services Automobile Association Key Developments
USAA Investments Launches Two New Mutual Funds
Jul 15 13
USAA Investments announced the launch of two new mutual funds -- the USAA Target Retirement 2060 Fund (URSXX) and USAA Flexible Income Fund (USFIX) -- to investors with solutions tailored to specific life stages and investment objectives. The USAA Target Retirement 2060 Fund, the sixth fund in the USAA Target Retirement Funds suite, has a low minimum investment of $500 and offers an actively managed retirement solution targeted to the millennial generation entering the workforce. The USAA Flexible Income Fund is designed to generate total return through both income and capital appreciation for investors with a moderate tolerance for risk.
Progressive Insurance Enters into Licensing Agreement with United Services Automobile Association for Intellectual Property
Jul 3 13
Progressive Insurance is entering into a licensing agreement with United Services Automobile Association (USAA) for intellectual property related to usage-based car insurance programs. According to a release, Progressive has current implementation of UBI, Snapshot, accounts for more than $1 billion in premiums and is currently available in 44 states and the District of Columbia. Progressive announced its licensing program in December 2012, making its intellectual property available to companies interested in implementing UBI programs, subject to the following terms like Term of Agreement: Commences the date license is executed through April 2022. Waiting Period: Licensees will not rate insurance based on its customers' driving habits prior to April 1, 2015. Licensing Fee: Annual royalty payment equal to licensee's countrywide Private Passenger Auto insurance direct written premiums for the most recently reported year, multiplied by two basis points (0.02%). Progressive also has the right to licensor recognition. Application for Licensing under these terms is open through June 2013, with payments commencing with usage on or after April 2015.
United Services Automobile Association Presents at 18th Annual Best Practices in Retail Financial Services Symposium, Mar-13-2013
Dec 13 12
United Services Automobile Association Presents at 18th Annual Best Practices in Retail Financial Services Symposium, Mar-13-2013. Venue: Park Hyatt Aviara Resort, 7100 Aviara Resort Drive, Carlsbad, CA 92011, United States. Presentation Date & Speakers: Mar-14-2013, Neff Hudson, Emerging Channels Executive.
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