 Founded by Edwin Horner in 1955, the company grew from a local term life insurance company in Lynchburg, Virginia, specializing in impaired risk underwriting into a national provider of life insurance and annuity products.Beginning in 1996 GE Capital’s acquired the company and First Colony Life experienced accelerated growth and expansion.Employment nearly doubled from 800 employees in 1996 to more than 1,500 employees in 1999, including more than 750 employees at a new separate Customer Service Center facility in Lynchburg.