American Fidelity Assurance

    tax deferred annuity insurance

    Headquarters: 2000 N. Classen Blvd., Oklahoma City, OK 73106-6013
    http://www.afadvantage.com/

    2009 Total Revenue: $739 million

    Key Officers: Bill Cameron, Chairman, President and Chief Executive Officer; Robert Brearton, Executive Vice President and Chief Financial Officer

    American Fidelity Assurance (AFA) is still run very much like a family company, started in 1960 by current executive Bill Cameron’s father and grandfather. Although the company saw rapid growth in its early years, tragedy struck in 1977 when a plane crash killed Cameron’s father and severely injured his family and their friends.

    Despite the loss, AFA continued on; Cameron’s grandfather continued to run the company until his death in 1991, and in 1998, Cameron became the chairman of the board.

    Today, AFA provides tax-deferred annuity, flexible spending programs, and life and health insurance products and services to more than 1 million customers.

    In 2000, the company acquired Mid-Continent Life and American Public Life, and has established the Latin American Life Division, Pacific World Group, and Asset Services/InvestTrust.

    AFA is committed to keeping the company private and independent, and is planning on also remaining family-run.

    Sources: afadvantage.com, Hoover’s


    Compiled by Life Quotes, Inc. staff

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