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The former Germania/Guardian Life Insurance Building in Union Square, Manhattan. Guardian founder Hugo Wesendonck, a German civil rights lawyer, participated in the 1848-49 revolution and helped draft a constitution for a united Germany. Accused of treason, he fled post-revolution Europe and landed in the U.S.
National Guardian Life Insurance Company (NGL) was founded in 1909 under the name The Wisconsin State Life Insurance Company as a stock company in Madison, Wisconsin. In August 1910 the company changed their name to Guardian Life Insurance Company and a month later the first life insurance policy - policy #1 with a face amount of $5,000 - was sold.
Guardian Holdings Limited started in 1847 when Standard Life of Edinburgh, Scotland entered the market and started a branch office in Trinidad. [1] Over time, Standard Life of Edinburgh closed operations and merged its Trinidad and Tobago portfolio with the portfolio of Jamaica Mutual Life Assurance Society on the 15th November, 1972.
She was also in charge of leading Guardian's Berkshire Life Insurance Company during that time. [4] Mulligan was CEO of Guardian Life from July 2011 until October 2020. [5] She was made director of Guardian in 2013. [2] In 2012, she was awarded the Israel Bonds Neil Levin Memorial Award for "professional accomplishments in support of Israel."
Unlike most insurance companies at the time, the Guardian offered both fire insurance and life assurance from the outset, but it was life that made the greater contribution to profits. The important task of constructing mortality tables was entrusted to Griffith Davies ; along with Benjamin Gompertz , Davies was considered one of the pioneers ...
The company was established through the merger of the Guardian Assurance Company and Royal Exchange Assurance in 1968. [1] In February 1998 it acquired PPP Healthcare, a private healthcare insurer, for £435m. [2] In February 1999 it was acquired by Axa of France for $5.7bn and integrated into its Sun Life & Provincial Holdings division. [3]
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
In 1917, when the company became the Guardian Life Insurance Company of America, the building was renamed the Guardian Life Insurance Company Building. A four-story annex to the east was designed by Skidmore, Owings & Merrill and was completed in 1961. Guardian Life moved its offices out of the building in 1999, and the W New York Union Square ...
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