About Midland National®
A Leading Provider of Annuities and Life Insurance
Today, Midland National is one of the leading insurance companies in the U.S. Our proud history dates back more than 100 years when we were founded in 1906 under the name of Dakota Mutual Life Insurance Company. The company grew steadily during the early years, even as it faced the economic challenges of World War I, the Great Depression and World War II. In 1925, the company assumed its current name - Midland National® Life Insurance Company. In 2006, Midland National celebrated its 100th year of providing quality service, financial strength, and life insurance and annuity products that are proven performers. With its continued emphasis on providing quality products and excellent service, the Company looks forward to celebrating many more milestones in the years to come.
Privately Owned - Customer Focused
Midland National is a member of Sammons Financial Group, Inc. (SFG), the parent of a group of member companies under the Insurance Holding Company Act made up of several successful financial services companies offering a variety of financial and retirement products through multiple distribution channels. The ultimate parent of SFG, Sammons Enterprises, Inc., is a multi-faceted, diversified international holding company that owns and operates businesses across a range of industries. Headquartered in Dallas, Texas, Sammons Enterprises, Inc., ranks among the largest privately owned companies in the United States.1 These consist of retirement products, annuities, and life insurance (including bank, corporate, and credit union-owned life insurance). Because we are a privately-held company, we can maintain a long-term strategic view of our operations and keep our focus on our customers rather than short-term earnings.
Better Business Bureau (BBB) Accredited
Since January 30th, 2017, Midland National has been a BBB Accredited Business, indicating that the company has met BBB accreditation standards. The standards include a commitment to resolve consumer complaints with good faith effort.
Sammons Financial Group is comprised of North American Company for Life and Health Insurance®, Midland National® Life Insurance Company (including its divisions, Sammons Annuity Group℠ and Sammons® Corporate Markets Group), Sammons Retirement Solutions®, Inc. and Sammons Financial Network®, LLC, member FINRA.
1Ranked No. 123 on Forbes' 2013 List of America's Largest Private Companies. The list includes 24 closely held corporations that had sales of more than $2 billion.