Guardian has been selling life policies since it was founded by Hugo Wesendonck as the Germania Life Insurance Company of New York in 1860. Company officials changed its name to The Guardian Life Insurance Company of America in 1917 and became a mutual company owned by and paying dividends to its policyholders in 1925.
Guardian officials reported having gross revenues of $7.4 billion and $41.3 billion in assets in 2007 and services more than six million policies. Its financial strength earned the company an A+ “Superior” rating from A.M. Best, an independent company rating insurers based on their ability to pay potential claims. Guardian has 80 agencies in the United States operated by 3,000 financial representatives.
Guardian is led by President and Chief Executive Officer Dennis J. Manning, who joined the company as a general agent in 1983. His agency quickly became one of Guardian’s leading sales offices, and he first joined the company’s executive ranks as a vice president in 1991. Manning was named company president in 1996 and chief executive officer in 2003. He earned a bachelor’s degree in business administration from Notre Dame University.
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