Lansing area Jackson National Life Insurance Company reported a 22 percent increase in sales during 2007.
The company also reported more than $14.5 billion in sales and deposits during 2007. Variable annuity sales (VAs) and record deposits from its separately managed 
accounts (SMA) subsidiary, Curian Capital, were largely responsible for the jump in sales.
“Jackson has been able to achieve double-digit sales growth in each of the past four years because we have had the right products in the right channels at the right time,” says Clark Manning, Jackson National’s president and chief executive officer. “By tailoring our products and services to the needs of advisers and their Baby Boomer clients, Jackson has established strong positions in advice-based distribution channels, which has allowed us to grow faster than the market.”
Source: Thomas Kelleher, Jackson National Life
Ivy Hughes, development news editor, can be reached here.
All Photographs © Dave Trumpie
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