Jackson National Life Insurance Company Of New York

Jackson National Life Insurance Company, often referred to as simply Jackson, is a U.S. company that provides annuities for retail investors and fixed income products for institutional investors. Jackson’s subsidiaries and affiliates offer specialized asset management and retail brokerage services. The company was previously a subsidiary of the British insurer, Prudential plc, which acquired Jackson for $608 million in 1986. However, it was spun off in 2021 and is now unrelated to the American insurance conglomerate, Prudential Financial. Founded in 1961, Jackson is headquartered in Alaiedon Township, Lansing, Michigan. The company was named after Andrew Jackson, the seventh President of the United States. Jackson was an early adopter of the independent distribution model, eliminating its captive agency sales force in 1970 to sell products through independent agents. The company has grown significantly since its inception, launching its first variable annuity in 1995 and its first fixed index annuity in 1996. Jackson also entered the registered investment adviser channel in 2003 with the launch of Curian Capital LLC.