RALEIGH, NC, October 9, 2013 – Genworth U.S. Mortgage Insurance (USMI), the Raleigh, NC-based unit of Genworth Financial Inc. (NYSE: GNW), recently provided checks totaling $7,900 to five local nonprofit organizations after giving participants in a customer survey the option to donate their survey incentive payments to charity.
In late September, the Genworth Foundation presented checks in varying amounts to the American Cancer Society, Big Brothers/Big Sisters, Boys and Girls Club of America, Habitat for Humanity of Wake County, and Stop Hunger Now. Genworth USMI contributes about $175,000 annually to support local nonprofit organizations through the Genworth Foundation.
Late this summer, Genworth conducted one of its regular customer surveys to gain feedback on its products and services. As is customary when administering surveys, Genworth USMI offered customers a small incentive payment to encourage, and thank them for, their participation. For the first time, Genworth USMI also gave survey respondents the option to donate their $50.00 incentive to one of several local charities supported by the Genworth Foundation. One-third of the 475 customers surveyed agreed to donate their incentive payment.
“This was a creative way to extend our commitment to local partners working to improve the lives of residents in our Raleigh community and throughout the state of North Carolina,” said Brian Doyle, USMI vice president of marketing and a Genworth Foundation board member. “We’re grateful that so many customers took advantage of the opportunity to support these worthy causes.”
Genworth USMI is headquartered in Raleigh, NC, and operates in all 50 states and the District of Columbia. Genworth USMI has been providing mortgage insurance products and services in the U.S. since 1981. Private mortgage insurance makes it possible for consumers to purchase a home with a smaller down payment, and sooner than they otherwise could. Genworth also works with lenders and servicers to help borrowers in financial difficulty remain in their homes.
About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 insurance holding company dedicated to helping people secure their financial lives, families and futures. Genworth has leadership positions in offerings that assist consumers in protecting themselves, investing for the future and planning for retirement -- including life insurance, long term care insurance, and financial protection coverages -- and mortgage insurance that helps consumers achieve home ownership while assisting lenders in managing their risk and capital.
Genworth operates through three divisions: U.S. Life Insurance, which includes life insurance, long term care insurance and fixed annuities; Global Mortgage Insurance, containing U.S. Mortgage Insurance and International Mortgage Insurance segments; and the Corporate and Other division, which includes the International Protection and Runoff segments. Products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth, headquartered in Richmond, Virginia, traces its roots back to 1871 and became a public company in 2004. For more information, visit genworth.com. From time to time, Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of genworth.com.
Media – Alfred King (Genworth U.S. Mortgage Insurance), 1.919.846.3018