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AEGON Direct Marketing Services, Inc. history
AEGON Direct Marketing Services, Inc. company history timeline
In 1997, AEGON purchased the Dutch funeral insurance company Levob Uitvaartverzekering N.V., a nod to their burial fund origins.
By 1998, Aegon had taken full control of Scottish Equitable.
Aegon acquired Transamerica in 1999.
In March 2001, Aegon announced it was expanding its United States health and life-insurance business by buying United States retailer J.C. Penney Co.'s direct-marketing services division for EUR 1.4 billion in cash.
Spain was also a focus: from 2002 onwards, several partnerships and joint ventures with Spanish savings banks were announced, since these were the primary distribution channel for life insurance in the country.
In 2008, Aegon expanded in Asia with the launch of its Aegon Religare Life Insurance Company joint venture in India.
Aegon closed its Taiwan business in 2009.
In 2014, this successful partnership was extended to Portugal.
Aegon also offered a USD 100 million US affordable housing debt fund, by Aegon USA Realty Advisors LLC (AURA), and announced in January 2018 which quickly was fully subscribed.
In April 2022, Aegon completed the sale of its business in Turkey to VIG.
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AEGON Direct Marketing Services, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| PEMCO Insurance | 1949 | $458.4M | 674 | 4 |
| Royal Neighbors of America | 1895 | $590,000 | 50 | - |
| Rio National Insurance Services | 2003 | $450,000 | 6 | 3 |
| Esurance | 1998 | $1.0B | 3,000 | - |
| Homesite Insurance | 1997 | $840.0M | 35 | 2 |
| IAnet | 1999 | $7.3M | 63 | - |
| Armed Forces Insurance | 1887 | $69.1M | 350 | - |
| Farm Bureau Insurance Michigan | 1949 | $50.0M | 100 | 43 |
| ARAG Legal Insurance | 1973 | $1.3M | 7 | 1 |
| Medical Card Systems,Inc. | 1983 | $2.3B | 3,000 | - |
AEGON Direct Marketing Services, Inc. history FAQs
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AEGON Direct Marketing Services, Inc. may also be known as or be related to AEGON Direct Marketing Services, AEGON Direct Marketing Services Inc, AEGON Direct Marketing Services, Inc. and Aegon Direct Marketing Services Inc.