Jackson National Life Insurance
Company (Jackson) is one of the largest
life insurance companies in the US and
provides retirement savings and income
solutions in the mass and mass-affluent
segments of the US market, primarily to
retirees and those nearing retirement.
Headline figures
— APE retail sales at £392 million for the first half in 2009
— In 2008, we ranked fourth in variable annuity net
flows in the US, and experienced a very low level of
outflows as a proportion of inflows compared to the
rest of the industry
— In the first half of 2009, we ranked second in
variable annuity net flows in the US and had the
lowest level of outflows as a proportion of inflows
compared to the rest of the industry
— Overall new business APE sales in the US increased
by 10 per cent to £392 million in the first half of 2009
— In the first half of 2009, we ranked in the top five for
sales of variable annuities and fixed index annuities
Awards
In 2008, Jackson earned its fourth World Class
Customer Satisfaction award from the Service Quality
Measurement (SQM) Group and also received
SQM's award for Highest Customer Satisfaction by
Industry for having the highest rate of customer
satisfaction in the financial services industry.
Products
— Variable annuities
— Fixed and fixed index annuities
— Term and permanent life insurance
— Institutional products
Through its affiliates and subsidiaries, Jackson
also provides asset management and retail
brokerage services.
Distribution:
Jackson markets products in 50 states and the
District of Columbia (in the State of New York
through Jackson National Life Insurance Company
of New York) through independent broker-dealers,
independent agents, banks, regional broker-dealers
and the registered investment advisor channel.
Jackson National Life Distributors is responsible
for marketing and distributing Jackson's retail
products to independent broker-dealers, regional
broker-dealers, independent agents and financial
institutions. These products include variable, fixed
and fixed index annuities and life insurance products.
JNL Southeast Agency was formed after Jackson's
acquisition of Life Insurance Company of Georgia
in 2005. The JNL Southeast Agency consists of more
than 100 career agents who sell Jackson's traditional
life insurance, fixed annuity and fixed index annuity
products directly to customers residing in the
southeastern United States.
Jackson's Institutional Products department markets
guaranteed investment contracts (GICs), funding
agreements, and medium term notes (MTNs) to
institutional investors.
Curian Capital is a registered investment adviser that
provides a fee-based separately managed account
(SMA) platform to financial professionals. Curian
expands Jackson's access to advisers and allows the
organisation to deliver innovative products and services
that complement its core annuity product lines.
US Affiliates:
National Planning Holdings (NPH) is Jackson's
affiliated network of independent broker-dealers.
NPH serves as the holding company for four
individual firms: INVEST Financial Corporation,
Investment Centres of America, Inc., National
Planning Corporation, and SII Investments, Inc.
Jackson's investment portfolio manager, PPM
America Inc., manages over £41 billion of assets.
Customers: Over 2.8 million
Staff: 3,000 +
Locations: Headquartered in Lansing, Michigan
Correct at 30 June 2009 unless otherwise stated.