Growth and Experience
Midland National is one of the leading insurance companies in the country.
The Company has enjoyed steady growth, stability of leadership, and industry
success over the course of its history. With Life Operations located in Sioux
Falls, South Dakota, and the Annuity Division located in West Des Moines, Iowa,
Midland National operates in 49 states, the District of Columbia, Puerto Rico,
Guam, the Virgin Islands, and on overseas military installations through its
12,000 licensed sales professionals.
Midland National was 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 2007, 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.
Midland National Corporate Objectives Lead to Success
Two major corporate objectives guide operations at Midland National. One is
to be a provider of affordable life insurance and annuity products by keeping
administrative costs low and maintaining a high-quality investment portfolio.
The second objective is to remain a leader in developing new and innovative
products that meet consumer needs throughout the ever-changing insurance industry
and economic environment.
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