Private company

Vericity, Inc.

American life insurance company based in Chicago, incorporated in Delaware. Summary from the record

Last updated Oct 19, 2026.

Overview

$177.6MRevenue, fiscal 2023³

-$9.9MNet income, fiscal 2023³

IndustryLife Insurance²
HeadquartersChicago, United States²
Incorporated inDE⁴
Business address1350 E Touhy, Suite 205W, Des Plaines, Il 60018⁴
Filer category, Emerging growth company⁴
Legal formCorporation²
LEI54930055SYK2XRDURZ39²
StatusActive²
LEI statusLapsed (not renewed)²
Registered addressc/o THE CORPORATION TRUST COMPANY, CORPORATION TRUST CENTER 1209 ORANGE ST, 19801 Wilmington, United States²
Registered withDivision of Corporations, Department of State, 5228996²

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We conduct our business through our two operating subsidiaries, Fidelity Life Association, an Illinois-domiciled life insurance company chartered in 1896 (“Fidelity Life”), and Efinancial, LLC, a call center-based insurance agency (“Efinancial”). Fidelity Life distributes life insurance products through Efinancial and other unaffiliated agents and is licensed in the District of Columbia and every state except New York and Wyoming. A.M. Best has assigned our rating is under review with developing implications with a financial strength rating as "A-" (Excellent). Fidelity Life is located in Des Plaines, Illinois.⁵ From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

-5.6%Net margin³

8.3%Revenue growth, 2023³

-9.0%Return on equity³

0.36×Debt to equity³

Where the money goes

Where each dollar of revenue went, fiscal 2023

Other costs

Other costs98¢$174.1M
Interest1¢$2.5M
Income tax1¢$959.0K

Out of $177.6M in revenue.³ The company lost money this year.

Where each dollar of operating cash went, fiscal 2023

Kept or used elsewhere

Kept or used elsewhere100¢$4.8M

Out of $4.8M of cash from operations.³

Financial statements

Revenue⁶⁷⁸⁹³$177.6M in 2023+43% since 2018

Net income⁶⁷⁸⁹³-$9.9M in 2023−29% since 2018

Fiscal year	2018	2019	2020	2021	2022	2023
Revenue	$124.0M⁶	$135.3M⁷	$147.8M⁸	$176.6M⁹	$163.9M³	$177.6M³
Interest	$514.0K⁶	$998.0K⁷	$1.4M⁸	$1.5M⁹	$1.6M³	$2.5M³
Income before tax				-$17.0M⁹	-$22.6M³	-$10.9M³
Income tax	-$2.4M⁶	-$872.0K⁷	-$2.3M⁸	-$378.0K⁹	-$2.1M³	-$959.0K³
Net income	-$13.8M⁶	-$19.3M⁷	-$25.0M⁸	-$16.7M⁹	-$20.5M³	-$9.9M³
Earnings per share	-$0.93⁶	-$1.30⁷	-$1.68⁸	-$1.12⁹	-$1.38³	-$0.67³
Earnings per share (diluted)	-$0.93⁶	-$1.30⁷	-$1.68⁸	-$1.12⁹	-$1.38³	-$0.67³
Shares (weighted, basic)				14.9M shares⁹	14.9M shares³	14.9M shares³
Shares (weighted, diluted)				14.9M shares⁹	14.9M shares³	14.9M shares³

Total assets⁶⁷⁸⁹³$822.8M in 2023+26% since 2018

Total liabilities⁶⁷⁸⁹³$712.6M in 2023+48% since 2018

Shareholders’ equity⁶⁷⁸⁹³$110.2M in 2023−36% since 2018

Cash⁶⁸⁹³$8.0M in 2023−62% since 2018

Long-term debt⁶⁷⁸⁹³$39.8M in 2023+286% since 2018

Fiscal year	2018	2019	2020	2021	2022	2023
Cash	$21.0M⁶	$37.8M⁶	$36.2M⁸	$22.4M⁹	$9.8M³	$8.0M³
Intangible assets				$1.6M⁹	$1.6M³	$1.6M³
Total assets	$655.0M⁶	$721.8M⁷	$768.8M⁸	$788.0M⁹	$770.1M³	$822.8M³
Short-term debt				$4.0M⁹	$7.0M³	$9.2M³
Long-term debt	$10.3M⁶	$16.6M⁷	$24.9M⁸	$22.4M⁹	$30.2M³	$39.8M³
Total liabilities	$482.8M⁶	$509.4M⁷	$573.5M⁸	$615.1M⁹	$658.7M³	$712.6M³
Retained earnings				$122.1M⁹	$101.7M³	$91.6M³
Shareholders’ equity	$172.2M⁶	$212.4M⁷	$195.2M⁸	$172.9M⁹	$111.3M³	$110.2M³
Shares outstanding		14.9M shares⁷	14.9M shares⁸	14.9M shares⁹	14.9M shares³	14.9M shares³

Cash from operations⁶⁷⁸⁹³$4.8M in 2023+15% since 2018

Fiscal year	2018	2019	2020	2021	2022	2023
Cash from operations	$4.2M⁶	-$2.8M⁷	$5.3M⁸	-$794.0K⁹	-$7.4M³	$4.8M³
Depreciation and amortization				$3.3M⁹	$4.1M³	$5.4M³
Cash from investing				-$1.3M⁹	-$8.8M³	-$6.7M³
Cash from financing				-$11.8M⁹	$3.5M³	$115.0K³

Compare Vericity, Inc. with another company

Leadership

Who has led Vericity, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

James E. Hohmann2019–2024

President

James E. Hohmann2019–2024

20202025

Chief executive officerJames E. Hohmann Jun 20, 2019 to Jun 28, 2024¹³
PresidentJames E. Hohmann Jun 20, 2019 to Jun 28, 2024¹³

Board members and other officers (12)

OfficerChris S. Kim Jun 20, 2019 to Jun 28, 2024¹⁴
Executive Vice PresidentChristopher Campbell Jun 20, 2019 to Aug 7, 2019¹⁵
Executive Vice PresidentJames C. Harkensee Jun 20, 2019 to Jun 28, 2024¹⁶
OfficerJohn E. Buchanan Jun 20, 2019 to Jun 28, 2024¹⁷
OfficerLaura R. Zimmerman Jun 20, 2019 to Jun 28, 2024¹⁸
Board memberLaura R. Zimmerman Jun 28, 2024 to Jun 28, 2024¹⁹
Board memberJames E. Hohmann Jun 20, 2019 to Jun 28, 2024¹³
Board memberJames W. Schacht Jun 20, 2019 to Aug 7, 2019²⁰
Board memberRichard A. Hemmings Jun 20, 2019 to Jun 28, 2024²¹
Board memberCalvin Dong Aug 7, 2019 to Jun 28, 2024²²
Board memberEric C. Rahe Aug 7, 2019 to Aug 7, 2019²³
Board memberNeil Ashe Aug 7, 2019 to Aug 7, 2019²⁴

Timeline

Jun 20, 2019New chief executive James E. Hohmann becomes CEO¹³
Feb 14, 2013Founded Vericity, Inc. is founded²

Filings

33 filings to the SEC since October 2021: 3 annual reports, 8 quarterly reports, 6 major events, 8 insider forms, 1 large holders, 7 other. The latest 20:

Jul 12, 202415-12G EDGAR
Jul 2, 2024SC 13D/A EDGAR
Jul 2, 20244 EDGAR
Jun 28, 20244 EDGAR
Jun 28, 20244 EDGAR
Jun 28, 20244 EDGAR
Jun 28, 20244 EDGAR
Jun 28, 20244 EDGAR
Jun 28, 20244 EDGAR
Jun 28, 20244 EDGAR
Jun 28, 20248-K EDGAR
May 15, 202410-Q EDGAR
Apr 1, 202410-K EDGAR
Nov 15, 2023DEFM14C EDGAR
Nov 14, 202310-Q EDGAR
Nov 1, 2023PREM14C EDGAR
Oct 3, 20238-K EDGAR
Aug 14, 202310-Q EDGAR
Aug 7, 20238-K EDGAR
Jun 20, 2023DEFA14A EDGAR

The 33 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.

Date	Who	Trade	Shares	Price	Value	Filing
Jun 28, 2024	JCF Associates IV Ltd.10% owner	Sale	11,373,352	$11.43	$130.0M	Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Apex Holdco L.P.SC 13D/A, 1 filing Jul 2, 2024²⁵

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARVericity, Inc. filings on SEC EDGAR
2
GLEIFVericity, Inc. LEI record (54930055SYK2XRDURZ39)
3
SEC EDGARVericity, Inc. 10-K for fiscal 2023
4
SEC EDGARVericity, Inc. filings on SEC EDGAR
5
SEC EDGARVericity, Inc. annual report, Item 1 (Business)
6
SEC EDGARVericity, Inc. 10-K for fiscal 2018
7
SEC EDGARVericity, Inc. 10-K for fiscal 2019
8
SEC EDGARVericity, Inc. 10-K for fiscal 2020
9
SEC EDGARVericity, Inc. 10-K for fiscal 2021
10
SEC EDGARVericity, Inc. 10-Q for fiscal 2023
11
SEC EDGARVericity, Inc. 10-Q for fiscal 2023
12
SEC EDGARVericity, Inc. 10-Q for fiscal 2024
13
SEC EDGARJames E. Hohmann, Chief executive officer
14
SEC EDGARChris S. Kim, Officer
15
SEC EDGARChristopher Campbell, Executive Vice President
16
SEC EDGARJames C. Harkensee, Executive Vice President
17
SEC EDGARJohn E. Buchanan, Officer
18
SEC EDGARLaura R. Zimmerman, Officer
19
SEC EDGARLaura R. Zimmerman, Board member
20
SEC EDGARJames W. Schacht, Board member
21
SEC EDGARRichard A. Hemmings, Board member
22
SEC EDGARCalvin Dong, Board member
23
SEC EDGAREric C. Rahe, Board member
24
SEC EDGARNeil Ashe, Board member
25
SEC EDGARApex Holdco L.P. SC 13D/A on Vericity, Inc.