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Mutual of Omaha Insurance Company

Mutual of Omaha Insurance Company
Mutual of Omaha Plaza
Omaha, NE 68175-0001
402-351-5810
402-351-2176

The Mutual of Omaha Insurance Company is an established insurance provider supplying insurance plans and services for more than a century. Founded in 1909, Mutual of Omaha is one of the first companies to cover women after World War One. In 1929, the company became one of the largest corporations in the United States. There were two divisions in the company—the Mutual Benefit company and United of Omaha. After the Pearl Harbor bombing, the company decided to change policies from partial to full coverage of war victims.

The company did not change its name to what it is known today until the 1950s. Expansion and growth swiftly followed until the 1970s. Aside from providing quality insurance products and services, Mutual of Omaha is also known to have a solid commitment to the community. The company donates and matches amounts, cooperates in assistance programs and disaster relief programs, and sponsors activities such as food and gift programs. Community outreach programs, grants, and community corporate involvement is part of Mutual of Omaha’s service to the people. Aside from these, the company is also active in environmental conservation since the 1960s. In 1962, the company created a wildlife program called Mutual of Omaha Wild Kingdom to further its conservation efforts.

A full-service, multi-line supplier of insurance and financial services products, Mutual of Omaha offers products and services that provide financial protection to assist families, individuals, businesses and groups in achieving their goals. Individual products include Medicare supplement insurance, long-term care insurance, annuities, investments, life insurance, disability insurance, and critical illness insurance. The company also provides group benefits and retirement solutions, including life Insurance, disability insurance, DentaBenefits, employee assistance program, retirement services, group annuities, special risk insurance, TPA stop loss insurance, and institutional investments.

Mutual of Omaha have earned strong ratings from three major rating services: A.M. Best, Moody’s and Standard & Poor’s. A.M. Best rated the company with A+ or superior, for its overall financial strength and ability to meet ongoing obligations to policyholders. Moody’s provided a rating of Aa3 or excellent, for its current financial strength and ability to withstand financial stress in the future, while Standard & Poor’s gave a rating of AA- or very strong, for its financial strength to meet obligations to policyholders.

Mutual of Omaha and its affiliates do their best to honor the promises they make to their policyholders through their business practices and customer service. The company have been accredited with the Better Business Bureau since February of 1940 with a rating of A+.

Daniel Neary has been Chairman of the Board and Chief Executive Officer of Mutual of Omaha since December 2004. The company’s Board of Directors include Robert Clarke, Gary Gates, Jeffrey Heller, Derek McClain, James McFarlane, Paula Meyer, Admiral Richard Mies, and Anthony Principi.

The company’s senior officers are Richard Anderl as Executive Vice President and general counsel; David Diamond as Executive Vice President, Chief Financial Officer and Treasurer; Daniel Martin as Executive Vice President, Group Benefit Services; Madeline Rucker as Executive Vice President, Customer Service; Jeffrey Schmid as President and Chief Executive Officer of Omaha Financial Holdings, Inc.; Stacy Scholtz as Executive Vice President, Corporate Services; Michael Weekly as Executive Vice President and individual Financial Services President of United World Life Insurance Company; Richard Witt as Executive Vice President and Chief Investment Officer; and James Blackledge as Executive Vice President, Information Services division.

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