| Mutual of Omaha Insurance Company | |
| Type: | Mutual company |
| Location City: | Omaha, Nebraska |
| Location Country: | U.S. |
| Key People: | James Blackledge |
| Industry: | Finance, Insurance |
| Products: | Life insurance Medicare supplement insurance Annuities Long-term care insurance |
| Revenue: | billion |
| Num Employees: | 6,314 [1] |
| Num Employees Year: | 2018 |
| Homepage: | Mutual of Omaha |
Mutual of Omaha is a Fortune 500 mutual insurance and financial services company based in Omaha, Nebraska. Founded in 1909 as Mutual Benefit Health & Accident Association, Mutual of Omaha is a financial organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States.[2]
The company provides a variety of financial services, including Medicare Supplement, life insurance, long-term care coverage and annuities, as well as group coverage including life, disability and 401(k).[3]
Mutual of Omaha has multiple subsidiaries including:
Founded in 1909, this company provides life insurance, pension and annuity products for groups and individuals.[4]
Through direct marketing and independent agent networks, this company has offered health and accident coverage and specialty life plans since 1983.
Mutual funds are offered to individuals through the company's agents and Retirement Plans brokers.
East Campus Realty, LLC was established to develop Midtown Crossing at Turner Park, which is directly to the east of Mutual of Omaha's headquarters.
Mutual of Omaha was founded in 1909 by a medical student at Omaha's Creighton University and his wife, Dr. C.C. Criss and Mabel Criss. It has grown into a Fortune 500 company offering insurance and financial solutions for individuals, businesses and groups throughout the United States.
In 1927, V. J. Skutt joined their team and was named president in 1949. With a license to sell insurance in all 48 states, an abbreviated name and distinctive Native American symbol, the company gained nationwide prominence in the 1950s.
In 1963, the company began sponsoring Mutual of Omaha's Wild Kingdom, a wildlife program hosted by Marlin Perkins and Jim Fowler that remained on television for more than 20 years. The company was one of the first companies to provide disability insurance to non-professional workers, and in 1966 was among the first companies to provide supplementary coverage for people enrolled in Medicare.
As of 2020, Mutual of Omaha holds the 300th rank on Fortune 500's top companies. The current CEO is James T. Blackledge. The company and its affiliates have more than 5,000 employees plus a network of sales advisors. The home office remains in Omaha, NE, with satellite or sales offices in most states. The company holds an A+ rating from A.M. Best and AA− rating from Standard & Poor's.
| 1964 - 1983 | V. J. Skutt | |
| 1984 - 1996 | Thomas Skutt | |
| 1998 - 2004 | John Weekly | |
| 2005 - 2015 | Dan Neary | |
| 2015 - present | James Blackledge |
| 1949 - 1953 | Dr. C.C. Criss | |
| 1953 - 1985 | V.J. Skutt | |
| 1986 - 1996 | Thomas Skutt | |
| 1998 - 2004 | John Weekly | |
| 2005 - 2018 | Dan Neary | |
| 2018 - present | James Blackledge |
In 1963, Mutual of Omaha introduced a wildlife television program, Mutual of Omaha's Wild Kingdom. The original show ran from 1963 to 1988, and their toll-free phone number of (800) 228-9800 was mentioned so frequently that many people still remember the number decades later.[11] The show has been since relaunched several times, with its current iteration running as a Saturday morning offering as part of NBC's The More You Know and produced by Hearst Media Production Group[12]
Mutual of Omaha sponsors 7 PGA Tour golfers and 2 LPGA golfers, including Russell Knox, Henrik Stenson, Pádraig Harrington, Paula Creamer, Jessica Korda, Bud Cauley, Brandon Hagy, Robby Shelton and David Leadbetter.[13]