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Knutson National Life Insurance {Organization|Business|Firm} (often referred to as simply Jackson) is a U. S. company that offers annuities for {selling|full|price tag} investors and fixed income products for institutional {traders|buyers|shareholders}. Jackson subsidiaries and {affiliate marketers|internet marketers|web marketers} provide specialized asset management and retail brokerage services. Jackson is {a part|a branch|a subordinate company} of the British {insurance provider|insurance company|insurance firm}, Prudential plc, which {obtained|attained|bought} {the organization|the business|the corporation} for $608 {mil|, 000, 000} in year 1986. That company is unrelated to the American insurance conglomerate, Prudential Financial.
Founded in 1961, Jackson is based in Lansing, Michigan. {The organization|The business|The corporation} and its affiliates also have offices in {Denver colorado|Colorado|Hawaii}, Colorado; Nashville, Tennessee; {Este|Un|El siguiente} Segundo, California; Chicago, The state of illinois; Tampa, Florida; Appleton, Wisconsin; Purchase, {Nyc|Ny|New york city}; and Bismarck, North Dakota.
Jackson {market segments|trading markets|stores} its products in {forty-nine|forty nine} states and the {Area|Region|Section} of Columbia through {impartial|self-employed|3rd party} and regional broker-dealers, wirehouses, financial institutions and {impartial|self-employed|3rd party} insurance agents. A {part|branch|subordinate company} of Jackson, Jackson {Country wide|State|Domestic} {Life insurance coverage|Insurance coverage|A life insurance policy} Company of Fresh York, markets products {likewise|in the same way} within your New You are able to.
Jackson was given {the|their|it is} name Andrew Jackson, the 7th President of the United States.[1] Jackson was founded in 1961 in Jackson, The state of michigan, and moved to {the|their|it is} headquarters in Lansing, The state of michigan in 1976. In the early years, {the organization|the business|the corporation} {concentrated|centered|targeted} on offering term insurance to individuals as an alternative to whole life products. Jackson was an early adopter of the independent distribution model, {removing|getting rid of|reducing} its captive agency sales force in 1970 {to market|to offer|to trade} products through independent {brokers|providers|real estate agents}. By 1984, Jackson {experienced|got|acquired} grown to $1 {billion dollars|million} in assets. The {industry’s|provider's|business} growth attracted the attention of Prudential plc, which acquired Jackson in {12 months|yr|season} 1986.
Since the mid-1990s, Jackson has focused on diversification of products and distribution channels. In 95, the company launched {the|their|it is} first variable annuity and {started|started out|commenced} selling guaranteed investment contracts and funding {contracts|deals|negotiating} through its Institutional {Items|Goods} Department. In 1996, Knutson introduced its first {set|preset|predetermined} index annuity (FIA). In 1998, National Planning {Coopération|Loge|Coalition} (NPH), Jackson's affiliated {impartial|self-employed|3rd party} broker-dealer network, was {created|shaped|produced} with the launch of National Planning Corporation and the acquisition of SII Investments, Inc. In {2k|2150|2050}, NPH acquired INVEST {Monetary|Economic|Economical} Corporation and Investment Centers of America.
In {Mar|Drive|Walk} 2003, Jackson entered the registered investment adviser {route|funnel|port} with the launch of Curian Capital LLC. Jackson's acquisitions of Life Insurance Company of Georgia in 2005 and SRLC America Holding Corp. (SRLC) in 2012 each added {you|one particular}. 5 million in-force life insurance and annuity {guidelines|plans|procedures} to Jackson's books. SRLC is the Swiss {keeping|having|possessing} company of Reassure America Life Insurance Company, {that was|that has been|which has been} the US primary {working|functioning} company of Swiss Re's Admin Re business {device|product}.
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