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{Jackson|Knutson} National Life Insurance {Company|Organization|Business} (often referred to as simply Jackson) is a U. S. company that offers annuities for {retail|selling|full} investors and fixed income products for institutional {investors|traders|buyers}. Jackson subsidiaries and {affiliates|affiliate marketers|internet marketers} provide specialized asset management and retail brokerage services. Jackson is {a subsidiary|a part|a branch} of the British {insurer|insurance provider|insurance company}, Prudential plc, which {acquired|obtained|attained} {the company|the organization|the business} for $608 {million|mil|, 000, 000} {in 1986|in year 1986}. That company is unrelated to the American insurance conglomerate, Prudential {Financial|Monetary|Economic}.
Founded in 1961, {Jackson is|Knutson is} headquartered in Lansing, Michigan. {The company|The organization|The business} and {its|the|their} affiliates also have {offices|office buildings} in Denver, Colorado; Nashville, Tennessee; El Segundo, {California|Washington dc|Cal}; Chicago, Illinois; Tampa, {Florida|Fl|California}; Appleton, Wisconsin; Purchase, {New York|Nyc|Ny}; and Bismarck, North Dakota.
Jackson markets its products in 49 states and the District of Columbia through independent and {regional|local|territorial} broker-dealers, wirehouses, financial {institutions|organizations|establishments} and independent insurance {agents|brokers|providers}. A subsidiary of {Jackson|Knutson}, Jackson National {Life Insurance|Life insurance coverage|Insurance coverage} {Company|Organization|Business} of New York, {markets|marketplaces|market segments} products similarly within {the state of|your} New York.
Jackson was {named after|given its name} Andrew Jackson, the 7th President of the United States.[1] Jackson was founded in 1961 in Jackson, {Michigan|The state of michigan}, and moved to {its|the|their} headquarters in Lansing, {Michigan|The state of michigan} in 1976. In the early years, {the company|the organization|the business} {focused|concentrated|centered} on offering term insurance to individuals as an alternative to whole life products. Jackson was an early adopter of the independent distribution model, {eliminating|removing|getting rid of} its captive agency sales force in 1970 {to sell|to market|to offer} products through independent {agents|brokers|providers}. By 1984, Jackson {had|experienced|got} grown to $1 {billion|billion dollars|million} in assets. The {company's|industry’s|provider's} growth attracted the attention of Prudential plc, which acquired Jackson {in 1986|in year 1986}.
{Since|Seeing that|As} the mid-1990s, Jackson has focused on diversification of products and distribution {channels|stations|programs}. In 1995, the company launched its first {variable|adjustable|varying} annuity and {started|started out|commenced} {selling|offering|providing} guaranteed investment contracts and funding agreements through {its|the|their} Institutional Products Department. In 1996, Jackson introduced {its|the|their} first fixed index {annuity|pension|premium} (FIA). In 1998, {National|Country wide|State} Planning Holdings (NPH), Jackson's affiliated independent broker-dealer network, was formed with the launch of National {Planning|Arranging|Preparation} Corporation and the {acquisition|purchase|buy} of SII Investments, {Inc|Incorporation}. In 2000, NPH {acquired|obtained|attained} INVEST Financial Corporation and Investment Centers of America.
In March 2003, {Jackson|Knutson} entered the registered investment adviser channel 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 1. 5 {million|mil|, 000, 000} in-force life insurance and annuity policies to Jackson's books. SRLC is the Swiss holding company of Reassure America Life Insurance Company, {which was|that was|that has been} the US primary operating company of Swiss Re's Admin {Re|Lso are|Re also} business unit.
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