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Prudential Financial is based in Newark, New Jersey, United States. It began as The Widows and Orphans Friendly Society in 1875, and for a short time it was called the Prudential Friendly Society. For many years after 1877 it was known as the Prudential Insurance Company of America, [1] a name still widely in use.
Prudential ranked No. 52 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. [37] As of 2019, Prudential is the largest insurance provider in the United States with $815.1 billion in total assets. [38] See also the article on the Prudential Spirit of Community Award.
2 Gateway is a Class A office building on the corner of Market Street and McCarter Highway in the heart of Newark's "Billion Dollar Triangle". The 18-story building was completed in 1972 and underwent renovations in 1994 and 2015 [ 17 ] It totals 832,550 square feet and is the first building in New Jersey to earn the Platinum certification from ...
The number for this office will likely also be a 1-800 or 866 number, but rest assured this is your actual local office where you can speak to a real live person. Hours will vary by location.
In October 2004, Prudential launched a new subsidiary, PruHealth, a joint venture with Discovery Holdings of South Africa selling private medical insurance to the UK market. [28] In April 2008, Prudential outsourced its back office functions to Capita: about 3,000 jobs were transferred (1,000 in Stirling, 750 in Reading and 1,250 in Mumbai). [29]
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One Prudential Plaza (formerly known as the Prudential Building) is a 41-story structure in Chicago completed in 1955 as the headquarters for Prudential's Mid-America company. It was the first skyscraper built in Chicago since the Great Depression of the 1930s and the Second World War.
Newark is the third-largest insurance center in the United States, behind New York City and Hartford, Connecticut. [137] Prudential Financial, Mutual Benefit Life, Fireman's Insurance, and American Insurance Company all originated in the city, while Prudential still has its home office in Newark. [138]