Overview
Member Companies
Growth
Ownership
MEMBER COMPANIES
Midland National
: In business since 1906, Midland National Life Insurance Company is one of the leading insurance companies in the United States with a broad range of products to meet a variety of needs. Throughout the company's history, Midland National has enjoyed steady growth, stability of leadership and industry success. Midland National's executive offices and its life operations are located in Sioux Falls, South Dakota; its annuity division, Sammons Annuity Group, is located in West Des Moines, Iowa; and its corporate markets division, Sammons Corporate Markets, is located in Fargo, North Dakota. Midland National operates in 49 states: the District of Columbia, Puerto Rico, Guam, the Virgin Islands, the island of Anguilla, and on several overseas military installations.
North American
: In business since 1886, North American Company for Life and Health Insurance has established a tradition of producing quality insurance products that strive to provide protection oriented life insurance of superior value to the consumer. Competitive rates and value place North American among the industry's insurance leaders. North American's executive offices are located in Chicago, Illinois; its life operations are located in Sioux Falls, South Dakota; and its annuity operations are located in West Des Moines, Iowa. North American operates in 49 states and the District of Columbia.
Sammons Annuity Group
: A division of Midland National based in West Des Moines, Iowa, Sammons Annuity Group offers a full range of fixed and indexed annuity products for Midland National and North American. In addition, Sammons Annuity Group manages production, product development, operations, and sales through more than 30,000 agents nationwide in 49 states and the District of Columbia. Since its beginnings in 1999, Sammons Annuity Group has grown to over 300 employees.
Sammons Corporate Markets Group
: A division of Midland National based in Fargo, North Dakota, Sammons Corporate Markets Group specializes in Bank-Owned Life Insurance (BOLI). In 1982, Sammons Corporate Markets Group, which was then known as Western States Life Insurance Company and later became part of Midland National, became the first company to provide BOLI products. Since then, BOLI revenue has grown consistently with over 1,500 commercial bank customers. Sammons Corporate Markets Group is devoted to understanding the needs of banks and providing them with innovative, state-of-the-art products. Sammons Corporate Markets Group is a stand-alone division from the retail life insurance and annuity divisions of Midland National.
Sammons Securities Company
®
, LLC
: Located in Ann Arbor, Michigan, Sammons Securities Company
®
(SSC) is an independent full-service broker/dealer offering a comprehensive financial services platform including an array of investment choices, high quality trade executions, a full range of retirement services, fee-based managed accounts, as well as services in research, investment analysis, and client portfolio reviews.