Midland National's Commitment to Communities

Midland National In Your Community Life Insurance History

Midland National takes great pride in how we have grown across the country for over a century. We have helped local families blossom year after year through time tested, financially strong offerings. This gives us a sense of fulfillment that keeps us showing up to the office every day. As we look back, we find examples, such as the photo above, that remind us of how we began to support our communities. In the beginning, we focused most of our involvement on investing in our local communities.

Esfand Dinshaw, chairman and CEO of Sammons Financial Group parent company of Midland National accepts Outstanding Corporate Philanthropist award
Esfand Dinshaw, chairman and CEO of Sammons Financial Group (parent company of Midland National), accepts Outstanding Corporate Philanthropist award

Over the years, our focus has evolved to include giving back to our local communities. Our organization is fortunate to be able to donate our dollars and time spent volunteering by our generous employees. We’ve receive notable recognition for our efforts, including having our parent Sammons® Financial Group, Inc., a holding company whose member companies1 include Midland National, named Outstanding Corporate/Foundation by the Central Iowa Chapter of the Association of Fundraising Processionals in 2015.
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Sammons® Financial Group is comprised of Midland National® Life Insurance Company, North American Company for Life and Health Insurance®, Sammons Retirement Solutions® Inc. and Sammons Financial Network® LLC, member FINRA.

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The Backbone of Midland National – Our Employees


Midland National 1950 South Dakota Employees
Employees in the former Watertown, South Dakota home office circa 1950

From day one, in 1906, our employees have served as the backbone of the company. Midland National employees have worked tirelessly to deliver top notch service to our clients nationwide. And while the office décor may have changed, the work ethic has not. Our staff is “heads-down” during business hours, ready to respond to the questions and concerns of valued customers across the nation. Their dedication, in turn, has contributed to the success, sustainability and longevity of Midland National.  

Midland National Top Workplace Award in Iowa
Esfand Dinshaw,  CEO of Sammons Financial Group and Anne Cooper, Senior Vice President and Chief Human Resources Officer, receive 2016 Top Workplace Award.
 

Midland National takes pride in our hard work and dedication. We strive to show each and every one of our employees how much they are valued and appreciated. In 2016, Sammons® Financial Group, Inc.,  of which Midland National is a member company1, was awarded a Top Workplaces honor by the Des Moines Register. The award, which is generated based on employee feedback, serves as an indicator of organizational strength and a substantial belief in a company’s future. Thank you to all of our employees, new and long-term, for your relentless pursuit of excellence. For those interested in a career at Midland National, see what life is like at the company through the Sammons Financial Group Glassdoor page, or join us through our career pages on LinkedIn and Indeed.

1 Sammons® Financial Group is comprised of Midland National® Life Insurance Company, North American Company for Life and Health Insurance®, Sammons Retirement Solutions® Inc. and Sammons Financial Network® LLC, member FINRA.
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Over 110 Years of Stability, Strength, and Service


Midland National prides itself on quality service, financial strength, and competitive life insurance and annuity products. These values are born from a long legacy of commitment to service and customers. MidlandNational.Life is an online archive that details the company’s 110-plus year heritage. It functions both as a repository of formative events, and catalog of company milestones throughout the 2010s and beyond.

From its founding in 1906 and its naming in 1925 to its joining of Sammons Enterprises in 1958, MidlandNational.Life details the company’s history decade-by-decade:


For information about Midland National, visit the Midland National Member Company page.

Midland National, Other Sammons Member Companies, Earn ‘A+ Stable’ Rating by Fitch Ratings


Midland National, as reported by the Illinois Business Daily, earned an Insurer Financial Strength (IFS) rating of ‘A+’ by Fitch Ratings, a global leader in financial information services and credit ratings. IFS ratings speak to the likelihood that policyholder obligations will be paid in full and on a timely basis, and are only assigned to insurance and reinsurance companies. This rating is the fifth highest of 19 possible rating categories. Read the Fitch Ratings report for more information.



Midland National continues to receive high ratings based on its financial strength and operating results. Independent rating agencies are indicators of an insurance company's ability to meet its obligations. Midland National’s ratings show dedication to customers through prudent investments, strong capital position and delivery of services.

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LIMRA Ranks Sammons Financial Group Member Companies in Top 10 for Life Insurance Sales

LIMRA ranking ratings logo
LIMRA, a worldwide research, consulting and professional development organization for life and health insurance companies, ranked Sammons Financial Group member companies – which includes Midland National® Life Insurance Company – in its list of the top 10 companies for life insurance sales in the year 2016. The ranking is measured by annual premiums plus excess, and surveys sales among 83 major life and health insurance companies.

LIMRA is a trusted source for industry knowledge; helping more than 850 insurance and financial services companies in 73 countries increase their marketing and distribution effectiveness. Learn more about LIMRA at www.limra.com.

For more details on Midland National’s history of success, stability and financial strength, visit its heritage site.


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Midland National’s Financial Ratings

For more than 110 years, Midland National has been trusted by families and has stood for strength and stability.

Today, Midland National Life Insurance Company currently holds more than 1.1 million life insurance and annuity policies, with assets over $55 billion.*

But, don’t take our word for it. Independent ratings agencies ratings for Midland National are below and can also be found on the Sammons Retirement Solutions site as well as the AM Best site.

*Statutory Basis as of December 31, 2016


For more information on Midland National, visit the Midland National Member Company page.



Midland National Accredited by Better Business Bureau

From a March 6, 2017 Midland National Press BBB announcement press release:
Midland National® Life Insurance has been affirmed as a Better Business Bureau accredited business.
Throughout Midland National’s long history, we have delivered quality products and exceptional service. Check out our ratings, awards and accreditation’s below.
“We are very proud to be accredited by the Better Business Bureau (BBB),” said Steve Palmitier, president and chief operating officer of Midland National Life Insurance Company. “For more than 110 years, Midland National has been an industry leader because of our commitment to stability, innovation and dedicated customer service.”

To mark the occasion, Midland National has launched the “Trust Midland National” website which contains details on the accreditation.
 
Learn more company history at the Midland National History website. 
To be an accredited business means that the BBB has determined that Midland National Life Insurance Company meets BBB accreditation standards, including a commitment to make good faith efforts to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.
Visit and view the Midland National BBB profile page to learn more.