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North American Company History

You can have confidence in North American.

With over 130 years of business under our belt, North American’s continued and consistent financial strength is a result of our conservative and disciplined investment strategy, our private ownership structure, and doing what’s right for our distribution partners and policyowners.

Man playing with a boy and a girl

1800's


1886
Founded as North American Accident Association.

1890
A.E. Forest purchased the company for $2,000 and appointed the company’s first general agent.

Man and a women sitting in the grass with two kids

1900's


1918
First company to offer a disability insurance policy for women.

1981
North American actively entered the brokerage marketplace.

Woman holding a small dog

2000's


2001
Sammons Annuity Group, North American’s Annuity Division, was founded.

2011
North American celebrated its 125th anniversary.

2000 – 2019
Leader in fixed index annuity sales: According to WINK Sales and Market reports, Sammons Financial Companies consistently ranked among the top 10 largest writers of fixed index annuities.1

2000 – 2019
Leader in fixed index annuity sales: According to LIMRA, Sammons Financial Companies has consistently ranked among the top seven largest writers of fixed index annuities.2

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The term financial professional is not intended to imply engagement in an advisory business in which compensation is not related to sales. Financial professionals that are insurance licensed will be paid a commission on the sale of an insurance product.

1. Source: Wink Sales and Market Reports. Wink, Inc. is the company behind the most comprehensive life insurance and annuity due-diligence tools, AnnuitySpecs and LifeSpecs at www.WinkIntel.com. Wink, Inc. is the distributor of the quarterly Wink’s Sales & Market Report. Serving as the insurance industry’s #1 resource of indexed insurance product sales since 1997, this report provides sales by product, company, crediting method, index, distribution, surrender charge period, and more. Wink’s Sales & Market Report expanded to cover all deferred annuity products in 2015, all deferred variable annuity products in 2019 and all non-variable cash value life insurance products in 2017.

2. Source: Life Insurance Marketing and Research Association (LIMRA) Secure Retirement Institute. LIMRA conducts research on distribution systems for the financial services industry.

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