life health insurance



life health insurance

Life health insurance
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Northwestern Mutual
Image:NorthwesternMutualLogo.gif
TypeMutual
Founded1857
HeadquartersMilwaukee, Wisconsin, USA
Key peopleEdward J. Zore, CEO
IndustryInsurance: Life & Health
Revenue$19.7 Billion USD (2006)
Net income$829 Million USD (2006)
Employees5,000 (2005)
Websitewww.nmfn.com

The Northwestern Mutual is a large mutual company based in Milwaukee, Wisconsin. It is marketed as the Northwestern Mutual Financial Network. Founded in Janesville in 1857, it is one of the nation's largest direct provider of individual life insurance in the United States. According to the company, "Northwestern Mutual exists for the benefit of its policyowners and clients," helping them protect against financial risk and achieve financial security. The company earned the highest customer satisfaction score among U.S. life insurers in the 2005 University of Michigan's American Customer Satisfaction Index survey. The company has consistently been named "America's Most Admired" life/health insurance company by Fortune Magazine for the last 24 years.

For many years, Northwestern Mutual did not engage in advertising. Its campaigns of recent years referring to it as "The Quiet Company" are meant to emphasize that fact. Northwestern is generally highly rated by analysts of insurance companies and their business practices such as A.M. Best, Moody's, Standard & Poor's and Fitch Ratings.

Products and services for the personal, business, estate and pension markets include permanent and term life insurance, disability income insurance, long-term care insurance, annuities, trust services, mutual funds and advisory services.

References

  • 150 Years of Quiet Strength, brochure to Northwestern Mutual policyholders (April 2007)
  1. ^ a b c Facts for 2006 (pdf). Northwestern Mutual. Retrieved on 2007-01-09.
  2. ^ Company Overview (html). Northwestern Mutual. Retrieved on 2007-01-09.



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