National Western Life

[2][3] 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 (NWLIC) 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.[1][5] On 9 October 2023, the company announced an agreement where S. USA Life Insurance Company, Inc., an affiliate of Prosperity Life Group, will acquire National Western in an all-cash transaction valued at approximately $1.9 billion.[6] The merger was completed in July 2024 with its stock being delisted from the Nasdaq.
Traded asNasdaqRussell 2000 ComponentLife insuranceFinancial servicesAustin, TexasAnnuitiesFinancial productsforeign nationalsAmerican National Insurance CompanyPR NewswireAssociated PressBloomberg BusinessweekAustin Business Journalinsurance company