Financial Strength

Financial

 

With approximately $6.3 billion of assets under management, Global Bankers continues to deliver on a unique investment strategy with sustainable and profitable growth. We’ve committed to a buy-and-hold philosophy that judiciously empowers our member companies by increasing their yield while managing existing assets diligently. All of our member companies are highly capitalized.

 

Global Bankers Insurance Group is dedicated to providing its clients with sustainable, long-term profitability and risk management solutions.

Global Bankers Insurance Group is part of Eli Global, LLC, founded by Chairman Greg Lindberg

Greg LindbergThe Eli Global companies are a federation of separate, distinct portfolios, each with vision and expertise in a particular market sector. Each portfolio contains independent, autonomous, and separately managed companies serving a broad range of diverse market sectors globally. The independence, autonomy, and legal separation of each operating company is maximized to drive maximum management autonomy and accountability, as well as to enhance risk management and diversification.

Greg started the company that would become the Eli Global group of companies in 1991 while he was a student at Yale. He launched Home Care Week, a reimbursement newsletter for home health agencies that one Eli Global company still publishes today. Greg graduated from Yale Phi Beta Kappa with an honors economics degree in 1993. By the year 2000, the company he’d bootstrapped from scratch had $5 million in revenue—all with no outside equity capital.

Eli Global acquired its first company in 2001. Since then we have closed more than 90 acquisitions in diverse industries such as life insurance, financial services, health care services, information technology, market research, publishing, business information, collections, distribution and logistics, utilities, automotive services, niche manufacturing, credit management services, and more.

Eli Global acquired its first life insurance company, Southland National, in 2014. We have since acquired and completed more than a dozen acquisitions and reinsurance treaties globally and have total life insurance assets of $6 billion.

From one employee in 1993, the Eli Global federation of independent companies has grown to more than 7,000 employees today. We have companies in Europe, the United States, the United Kingdom, Central America, Hong Kong, Australia and the Middle East. Since our beginnings, we’ve achieved a 35 percent compound annual growth rate on equity capital—through both organic growth and acquisitions.

With a group of talented portfolio and business leaders at the helm, the Eli Global companies have always done things differently. Our leaders keep a low profile, always challenging their teams to learn and grow even as we challenge ourselves to do the same. For Eli Global companies, the customer is always at the forefront. Any leader’s highest and best use is to serve the customer optimally. “We don’t crow about our success: our success speaks for itself,” Lindberg says. As a rule, we don’t do a lot of publicity and prefer to keep the focus on our customers and the people who serve them.

The Eli Global Model

Since its beginnings, Eli Global has embraced a contrarian, decentralized business model. “We partner with great leaders and step out of their way,” says Lindberg. Eli Global companies are autonomous and independent. That way, decisions are made by the experts who are closest to customers—not by some remote bureaucrat in ‘HQ’ who doesn’t understand the business. Eli Global sets high expectations for leaders, and they meet them. Our Eli Global corporate headquarters, under Greg Lindberg’s leadership, is small and will stay that way. “We don’t want our businesses looking to ‘HQ’ for leadership,” says Greg Lindberg. “We want to empower leadership and ownership thinking at all levels: sales person as leader, telemarketer as leader, customer service rep as leader.”

Eli Global invests for the long term. We never sell companies and we will not go public. We will continue to invest capital in growth industries around the world with the proprietary investment origination capacity we’ve built in house. With our life insurance businesses, we invest permanent capital and never take dividends from these insurance businesses in order to maximize financial strength and retain capital for future growth.

We use this buy and hold, long-term permanent capital model to invest a significant percentage of our capital in companies that add to the greater good with an emphasis in health care, technology, life insurance and financial services. From our roots as a publishing company, we are strong believers in the freedom of the press and the freedom of the people in the jurisdictions where we operate.