Life history: the roots of Indiana's life & health insurance companies go back more than a century.
By Beck, Bill
Indiana Business Magazine
Date: Thursday, September 1 1994
AMERICAN UNITED LIFE INSURANCE CO.
One of the identifying landmarks of downtown Indianapolis is the A ul Tower., named for this major insurance player. American United Life Insurance Co. has been at home in downtown Indianapolis since 1877, making it perhaps the oldest insurance company still domiciled in the state. Back then, it was organized to sell policies to Hoosier members of the Knights of Pythias.
Today, American United Life is licensed to do business in 45 states and the District of Columbia. The company has almost $5.5 billion in assets, with more than $3.5 billion of group annuity and pension assets under management.
Jerry D. Semler is chairman, president and CEO of American United Life.
In July, American United Life and cross-town competitor The State Life Insurance Co. announced a strategic alliance enabling them to share resources while maintaining the flexibility of individual companies. The two companies wo uld remain separate legal entities but wo uld have common boards of directors and one CEO; the deal specifies that Semler wo uld be that CEO. The deal requires approval of State Life policyholders.