New York Life Insurance
51 Madison Ave.
New York, NY 10010
CEO: Ted Mathas
New York Life is the largest mutual life insurance company in the United States and one of the largest life insurers in the world.
The company's clients include The NY Bar Association, American College of Surgeons, the Air Line Pilots Association, and The American Institute of Architects. The company has also insured many U.S. Presidents, entertainers and professional athletes.
On the investment side, New York Life's affiliates provide institutional asset management and trust services and, through a subsidiary, NYLIFE Securities LLC, provide an array of securities products and services such as institutional and retail mutual funds, including 401(k) products.
The company was founded in 1845 as Nautilus
Insurance and became New York Life in 1849. The company is mutually
held, not publicly-traded.
New York Life has 10,000 employees and 12,250 licensed agents.
In 2013, the company reported total revenues of $24.78 billion. Insurance premiums were $12.8 billion.
The company had total assets of $259.5 billion at the end of 2013.
* Tuition assistance
* 401(k) with company-matched contributions and retirement plan
* Choice of health plans – medical and dental
* Life insurance and long-term disability
* On-site health and fitness centers, free of charge to employees
* Back-up child care centers at various locations
* Subsidized cafeterias