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We are American National

Get to know Us

We are American National - Celebrating 112 Years

Our Vision

Be a leading provider of financial products and services for current and future generations.

Our Mission

Earn the trust of our customers and of our diverse distribution partners by always acting with integrity and fairness, and by working to exceed expectations.

Our History

We are committed to teamwork and continuous improvement in all that we do. We are prudent stewards of our assets, conservative navigators of risk, and steadfast in our resolve to preserve and enhance our reputation for enduring strength and success.

 

A Company is Formed: 1905-09

1905-09:

American National Insurance Company is chartered for 500 years with capital of $100,000 and a surplus of $20,000 on March 17, 1905, in Galveston, Texas. The company began with 10 employees in the original Moody Bank building at 22nd Street and The Strand.

At the End of the Decade

Assets: $1 million

Life insurance in force: $22 million

Expansion: Licensed in Arkansas, Louisiana and Oklahoma.

Company Builds New Home Office, Expands into more states: 1910-19

1911:

The first cash dividend is declared.

1912:

Capital raised to $250,000 through stock sales. American National moves to an 11-story office building at 21st and Market streets in 1913. The company employs about 70 in the home office and 700 field representatives.

At the End of the Decade

Assets: $7.3 million

Life insurance in force: $102 million

Expansion: Licensed in Alabama, California, Florida, Georgia, Kansas, Mississippi, Missouri, New Mexico, North Carolina, South Carolina, Tennessee, Virginia and Washington D.C.

Company stands tall during the Great Depression: 1930-39

1930-35:

During the Great Depression, American National’s assets increased by approximately 37% and capital and surplus is almost doubled, while sales on life insurance and policy lapses caused a decline of 3% of insurance in force. No employees are dismissed due to the Depression.

At the End of the Decade

Assets: $82 million

Life insurance in force: $777 million

Expansion: Licensed in Arizona, Nebraska, Nevada, Oregon, Pennsylvania, Utah, Wyoming and Puerto Rico

American National is tops in Texas: 1940-49

1942:

American National reaches the $10 million mark in assets, the first Texas life insurance company to do so.

1943:

Life insurance in force passes the $1 billion mark.

1944:

W.L. Vogler, a leading field representative is Utah, is brought into the home office.

1946:

Vogler is named executive vice president

1949:

A major acquisition is the purchase of Conservative Life Insurance Company of West Virginia.

At the End of the Decade

Assets: $300 million

Life insurance in force: $2 billion

Expansion:  Licensed in Delaware.

Founder Dies: Life insurance in force reaches $5 billion: 1950-59

1950:

American National acquired the Commonwealth Life and Accident Company of St. Louis. It also entered into the health, hospitalization and credit insurance fields in the purchases of operating companies in St. Louis and Dallas, respectively.

1954:

W.L. Moody Jr., 89, dies on July 21. Mary Moody is named the company’s second president. 

At the End of the Decade

Assets: $807 Million

Life insurance in force: $5 billion

Expansion: Licensed in Alaska, Maryland, Montana, North Dakota, Wisconsin and Guam.

New Faces, New Places: 1960-69

1961:

W.L. Volger is named company president.

1963:

R.A. Furbish is named president

1967:

Securities, Management & Research Inc., a Florida-based operation, is purchased to enter the mutual fund field.

1968:

Payments are made to life policy owners since the company’s inception passed the $1 billion figure.

1969:

Phil B. Noah is named president. Home office employees grow to more than 1,000 and field representatives totaled more than 7,000.

At the End of the Decade

Assets: $1.4 billion

Life insurance in force: $11 billion

Expansion: Licensed in Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, Rhode Island and Vermont. Transworld Life Insurance Company of New York was acquired to fill the void of not being in that state. American National opened a European operation branch in Brussels, Belgium to serve markets where the United States had armed forces installations.

Company Moves into One Moody Plaza; ANPAC formed: 1970-79

1970:

Glendon E. Johnson is named president.

1972:

The home office moves to the American National Tower at One Moody Plaza. That same year, American National becomes a multiple-line company with the formation of American National Property and Casualty Company with its home office in Springfield, MO. The idea of forming the company comes from Glendon Johnson, president, American National; and E.E.”Johnny” Johnson, senior vice president, Marketing, American National.

1975:

American National Property and Casualty Company begins selling automobile and homeowners coverage in Missouri.

1976:

Standard Life & Accident Company of Oklahoma, OK is acquired.

1977:

Orson C. Clay is named president.

At the End of the Decade

Consolidated assets: $2.7 billion

Consolidated life insurance in force: $18.3 billion

Company Branches Out: 1980-89

1981:

American National General Insurance is formed as a subsidiary of American National Property and Casualty Company.

1983:

American National sells its 10-millionth life insurance policy.

1985:

American National’s Credit Life Insurance Division in Dallas relocates to the home office in Galveston.

1986:

American National purchases three companies and their affiliates, doubling the size of its credit insurance division.

At the End of the Decade

Consolidated assets: $4.5 billion

Consolidated life insurance in force: exceeded $28.5 billion

American National Heads toward the Millennium: 1990-99

1990:

American National acquires American Security Life Insurance Company of San Antonio, which brings its president, G. Richard Ferdinandtsen, to the home office to oversee and refocus the group and health insurance departments.

1992:

American National purchases Garden State Life.

1994:

American National Lloyd’s Insurance Company is formed as a subsidiary of American National Property and Casualty Company.

1996:

Robert L. Moody is named president.

1997:

Standard Life and Accident Company’s headquarters are moved to Galveston.

At the End of the Decade

Consolidated assets: $9 billion

Consolidated life insurance in force: $46.9 billion

Expansion: American National – Mexico began operations in Monterrey, Mexico.

Merger Made with Farm Family Holdings: 2000-09

2000:

G. Richard Ferdinandtsen is named president

2001:

American National announces its merger with Farm Family Holdings. The deal is reported to be valued at approximately $280 million.

2005:

The American National Service Center at South Shore Harbour in League City, TX opens.

2008:

American National opens the ANICO Processing Center in San Antonio. The home office in Galveston makes a temporary move the South Shore Harbour in League City, due to Hurricane Ike. 

At the End of the Decade

Consolidated assets: $20.2 billion

Consolidated life insurance in force: $69.4 billion.

New Companies Formed in New York: 2010-15

2010:

American National announces the formation of two new companies: American National Life Insurance Company of New York and ANICO Direct. ANICO Financial Services, Inc. is formed to distribute variable products.

2012:

James E. Pozzi is named president.

At the End of the Decade

Consolidated assets: $23.6 billion
Consolidated life insurance in force: $85.6 billion

 

We place our values "FIRST"!

Financial Strength - We are dedicated to financial stability and profitable growth to honor our promises to our insured, to create opportunities  for our employees and business partners, and to provide a fair return to our shareholders.
 
Integrity - "Do What's Right!" is our motto - Always! We adhere to and place great importance on ethics, integrity and compliance. We are individually accountable for demonstrating the highest standards of each to earn our client's trust.
 
Respect - The golden rule! We will treat all people with empathy, compassion and dignity. We view business as one of relationships - not transactions. We are committed to making a meaningful difference in the lives of our clients and our team.
 
Service - We have the ability and responsibility to live a life of significance through service and commitment to understanding our customer's expectations and striving to exceed them with our outstanding service.
 
Teamwork - We are all in this together. Our success depends on the unique contributions of all our employees and business partners. We do this by meeting our commitments, being accountable and transparent, and making continuous improvements. We are committed to the success of our employees and our customers.

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