Jackson National Life Insurance Company

Jackson National Life Insurance Company
Lansing, MI 48909-4068

Jackson National Life Insurance Company creates tools, products, services and support systems which are designed to give its customers effective and high quality retirement solutions. They provide advisers to help match these solutions to the respective clients who want to avail of them. It is included in the list of the biggest life insurance companies located in the United States with total assets amounting to an estimate of $77 billion. It is a market leader in offering customers with fixed, variable, and fixed index annuities. The firm also provides institutional products and life insurance. Asset management and retail brokerage services are available through its subsidiaries.

In the past 10 years, especially from the years 2000 to 2008, the firm’s growth has been very prominent. It has been the most rapid compared to any other carrier in the industry.

Jackson was established in 1961. This family-owned insurance firm has since progress into a diversified retirement services provider. It has a rich history and was named after the 7th president of the United States of America, Andrew Jackson.

The year that marked the development of the first type of universal life insurance was 1975. This was eight years before any other provider started offering the same type of coverage. The company also started to introduce flexible premium annuities to the industry and after three years it was able to achieve almost $8 million in sales. Its first billion in sales was surpassed in 1987 and by the year 2002, it had reached $50 billion. The procurement of Life Insurance Company of Georgia enabled the growth of its policy count to three million.

The current president and Chief Executive Officer of Jackson National Life Insurance Company is Clark P. Manning, Jr. His duties include overseeing the progress of different business strategies of the firm and its associates in the United States.

Jackson takes pride in the numerous awards and recognition that have been given by various organizations. The different divisions have received appreciation for their excellence. Its customer service has been a consistent performer under the World Class Customer Satisfaction award given by the Service Quality Measurement Group. It has also received the Highest Customer Satisfaction compared to other providers in the Financial Sector. When it comes to Jackson’s advisors, they rank #1 in the Financial Research Corporation’s Advisor Insight Series which was released in 2009. This tackled marketing effectiveness paired with sales support satisfaction ratings.

In 2010, the company was part of the list for the 101 Best and Brightest Companies to Work For by West Michigan. In 2009, it was named the most outstanding corporation through the Lansing Association of Fundraising Professionals. This was in line with the different charitable activities and community service initiatives of the company. Jackson was also honored by the Lansing Regional Chamber of Commerce for its investment in the community and contribution to regional growth, in the same year. The firm boasts of a team of professionals who are the most talented in the industry.