National Western Life

#4511

Rank

$1.82B

Marketcap

United States

Country

Leadership team

Mr. Ross Rankin Moody (Chairman, Pres & CEO)

Mr. Brian Mark Pribyl (Sr. VP, CFO & Treasurer)

Mr. Reynaldo Perez Jr., J.D. (Sr. VP)

Products/ Services

Insurance

Number of Employees

100 - 500

Headquarters

Austin, Texas, United States

Established

1956

Company Registration

SEC CIK number: 0001635984

Net Income

100M - 500M

Revenue

500M - 1B

Traded as

NWLI

Social Media

URL

https://www.nwlgi.com

Overview

Location

Recognition and Award

References

Summary

National Western Life Group, Inc., through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company. It operates through Domestic Life Insurance, International Life Insurance, Annuities, and ONL and Affiliates segments. The company provides life products, including universal life insurance, interest-sensitive whole life, and traditional products, such as term insurance coverage; and annuity products comprising flexible premium and single premium deferred annuities, equity-index annuities, and single premium immediate annuities. The company also engages in the real estate and other investment activities. It markets and distributes its insurance products primarily through independent national marketing organizations. The company was founded in 1956 and is based in Austin, Texas.

History

The company was founded in 1956, and as of 2019 it has about 275 employees and 25,200 contracted independent agents and operates in 49 US states.

On 1 January 2020, National Western Life Insurance Company confirmed the formation of The Sterling Group, a strategic partnership between itself and six large regional marketing organizations. Such strategic marketing agencies include Excel Advisors, CreativeOne, Financial Independence Group, Gradient Insurance Brokerage, Impact Partnership and M&O Marketing.

Products

The company offers individual universal life plans, term insurance plans, and whole life plans as well as offering annuities and life insurance products for foreign nationals.

Mission

The mission of National Western Life is to create innovative and competitive financial solutions for our customers and to provide a level of personalized service that will establish lasting relationships.

Vision

National Western Life is committed to delivering our customers' financial future through innovative and competitive life insurance, annuity and investment products; specialized service, program and benefit consulting; and strategic advice.

Key Team

Ms. Gina Byrne Miller (Sr. VP, Chief Legal Officer & Sec.)

Mr. James John Ryan Sr. (Sr. VP & Head of Sales)

Patrick D. Johnson (VP of HR)

Recognition and Awards

National Western Life has been recognized by the International Center of Excellence in Financial Services, earning an International Quality Award and Best in Class Award, as well as receiving multiple Best Life Insurance Company of the Year awards from distinguished magazines and organizations.