About Minnesota Life Insurance Company
Minnesota Life Insurance Company is a company based in Saint Paul (United States) founded in 1880. It operates as a Subscription Services, and Commission-Based. Minnesota Life Insurance Company has completed 2 acquisitions, including Capital Financial Group and H. Beck. Minnesota Life Insurance Company offers products and services including Life Insurance, Annuities, and Accident & Illness Insurance.
- Headquarter Saint Paul, United States
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Sectors
Financial Services
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Website
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Social
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Annual Revenue
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Net Profit
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Investments & Acquisitions
Capital Financial Group
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Products & Services of Minnesota Life Insurance Company
Minnesota Life Insurance Company offers a comprehensive portfolio of products and services, including Life Insurance, Annuities, and Accident & Illness Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Life insurance products are offered for protection needs.
Annuities are provided for retirement income planning purposes.
Accident and illness coverage is offered for security.
Funding Insights of Minnesota Life Insurance Company
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Minnesota Life Insurance Company
Minnesota Life Insurance Company has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Capital Financial Group and H. Beck. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Fee-based financial planning and investment services are provided to clients.
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1985 | ||||
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Investment advisory and broker services are provided to clients.
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1984 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Minnesota Life Insurance Company
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Minnesota Life Insurance Company Comparisons
Competitors of Minnesota Life Insurance Company
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Minnesota Life Insurance Company
Frequently Asked Questions about Minnesota Life Insurance Company
When was Minnesota Life Insurance Company founded?
Minnesota Life Insurance Company was founded in 1880.
Where is Minnesota Life Insurance Company located?
Minnesota Life Insurance Company is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.
What does Minnesota Life Insurance Company do?
Minnesota Life Insurance Company, a subsidiary of Securian Financial Group, is involved in offering a range of insurance and financial products. Life insurance solutions, including term, whole, and universal policies, are provided alongside annuities for retirement planning. Supplemental health insurance, accident, and critical illness coverage are also offered. The company serves individuals, employers, financial professionals, and institutions across various markets such as associations, auto dealers, and credit unions. With a history dating back to 1880, operations are focused on building secure financial futures for clients in the United States.
What products or services does Minnesota Life Insurance Company offer?
Minnesota Life Insurance Company offers Life Insurance, Annuities, and Accident & Illness Insurance.
How many acquisitions has Minnesota Life Insurance Company made?
Minnesota Life Insurance Company has made 2 acquisitions, including Capital Financial Group, and H. Beck.