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Midland Company (The) history
Midland Company (The) company history timeline
1947 Frank L. Bramble was named President.
1956 The company's 50th anniversary was celebrated on May 23, 1956—also its president’s birthday.
In 1961, William A. Rigsbee was named president of Midland National.
1978 In 1978, Charles Sammons established an Employee Stock Ownership Plan (ESOP). The Sammons ESOP was designed to provide more than a retirement benefit.
Gillis died November of 1983 and Rigsbee returned as president.
1989 Midland National achieves $25 billion of life insurance in force.
1996 1996 marked Midland National’s 90th Anniversary.
2002 Sammons Financial Holdings was renamed Sammons Financial Group (SFG), naming Mike Masterson president and CEO. Under Masterson's leadership, SFG concentrated on sharing resources and services of its member companies.
2004 Midland National exceeded $100 billion of in force life insurance.
2009 After 30 years in its downtown location, Midland National's administrative office moved into a new environmentally friendly SFG building in February, 2009, providing space for over 500 employees with room for further expansion.
2011 After a successful career with Sammons Enterprises, Inc., Mike Masterson retired from his position of chairman of SFG.
2014 Midland National continued to grow, and 2014 was noted as the #1 company in the Personal Producing General Agent (PPGA) distribution by sales.1 SFG also sold its ownership interest in Sammons Securities Company.
2017 Sammons Institutional Group was formed, offering individual retirement products4 ranging from mutual fund IRAs to variable annuities, as well as a limited fixed annuity product series.
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Midland Company (The) competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Mercer Insurance Group | 1844 | $52.8M | 200 | - |
| Protective Insurance | 1954 | $468.7M | 3,200 | - |
| Highlands Insurance Group, Inc. | 1990 | $360.0M | 629 | - |
| Transatlantic Holdings, Inc. | 1986 | $4.4B | 596 | 5 |
| Great Western Insurance | 1983 | $1.1M | 6 | - |
| Golden Eagle Insurance | 1995 | $1.1M | 100 | 4 |
| Smith Brothers Insurance | 1971 | $3.5M | 20 | 21 |
| Kentucky | 2003 | $1.6M | 15 | 2 |
| Alps Corporation | - | $1.2M | 50 | - |
| Dalton Corporation | 1910 | $370,000 | 10 | 19 |
Midland Company (The) history FAQs
Zippia gives an in-depth look into the details of Midland Company (The), including salaries, political affiliations, employee data, and more, in order to inform job seekers about Midland Company (The). The employee data is based on information from people who have self-reported their past or current employments at Midland Company (The). The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Midland Company (The). The data presented on this page does not represent the view of Midland Company (The) and its employees or that of Zippia.
Midland Company (The) may also be known as or be related to Midland Company (The), The Midland Co. and The Midland Company.