Securian Financial Group
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Securian Financial Group is an American
financial service Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns finan ...
group that provides a range of financial products and services such as
insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...
and investments. It is structured as a mutual holding company that operates a number of subsidiaries. As of 2018, Securian Financial provided insurance, investment retirement products and trust services to more than 19 million clients in the
United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
,
Puerto Rico ; abbreviated PR), officially the Commonwealth of Puerto Rico, is a Government of Puerto Rico, self-governing Caribbean Geography of Puerto Rico, archipelago and island organized as an Territories of the United States, unincorporated territo ...
and
Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...
.


History

The company was founded in
St. Paul, Minnesota Saint Paul (often abbreviated St. Paul) is the capital city of the U.S. state of Minnesota and the county seat of Ramsey County. As of the 2020 census, the city had a population of 311,527, making it Minnesota's second-most populous city a ...
, by Russell Dorr on August 6, 1880. Robert Senkler was the CEO from 1994 to 2014. After Senkler, Chris Hilger became the chairman, president and CEO. By 2018, the company managed $78.6 billion in assets and had nearly $1.2 trillion in insurance in force.


Corporate Organization

Minnesota Mutual Companies, Inc. is the parent holding company headquartered in St. Paul, MN with a mutual ownership model that operates under the name "Securian Financial". It is the parent of Securian Financial Group, Inc. (which is technically a stock subsidiary, but is not publicly owned or traded), as well as several other companies that provide a broad range of financial services, including: * Minnesota Life Insurance Company * Securian Life Insurance Company * Securian Financial Services * Securian Trust Company * Allied Solutions * Securian Asset Management * Asset Allocation & Management Company (AAM) * Securian Casualty Company * American Modern Life Insurance Company * Southern Pioneer Life Insurance Company


References


External links


Securian Home Page
Financial services companies of the United States Financial services companies established in 1880 1880 establishments in Minnesota Companies based in Saint Paul, Minnesota Mutual companies of the United States {{US-finance-company-stub