Headquarters: 600 Dresher Road, Horsham, PA 19044
www.pennmutual.com

Total 2009 revenue: $1.4 billion

Key officers: Robert E. Chappell, Chairman & Chief Executive Officer, Eileen McDonnell, President, David M. O’Malley, Executive Vice President & Chief Financial Officer

As the country’s second-oldest mutual life insurance company, Penn Mutual can claim a great deal of professional experience. The company and its subsidiaries specialize in providing life insurance and other investment products and services throughout the United States.  Its life insurance products include term life, whole, universal, and universal variable coverage. As of 2009, it had $67 billion of individual life insurance in force.

Some quick facts about Penn Mutual:

Penn Mutual was founded in a room of the Mutual Exchange of Philadelphia in 1847 and named in honor of William Penn.

According to Best’s Review, the company is one of only 15 life and health insures in the country to have sustained an A.M. Best Financial Strength Rating of “A” or higher for at least 75 years.

Penn Mutual recently received an “A+” (superior) rating from A.M. Best for financial strength.

Source: Pennmutual.com, Hoovers.com

Compiled by Life Quotes, Inc. staff