Nationwide Financial Services, Inc. - Company Profile
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Nationwide Financial Services, Inc. (NFS), a subsidiary of Nationwide Mutual Insurance Company, is a provider of long-term savings and retirement products. The company offers annuities such as fixed annuities, variable annuities, fixed indexed annuities and fixed immediate annuities. Its life insurance products include universal life insurance, whole life insurance, variable life insurance, term life insurance and long-term care insurance. The company sells a wide range of products including private and public-sector group retirement plans, mutual funds, investment advisory services, and other investment products. It provides products and services to businesses and individuals through a diverse distribution network. NFS is headquartered in Columbus, Ohio, the US.
Nationwide Financial Services, Inc. premium industry data and analytics
Products and Services
| Products |
|---|
| Annuities: |
| Variable |
| Fixed Immediate |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In January, the company signed an agreement to acquire Group Health from Allstate for US$1.25 billion. |
| 2021 | Corporate Awards | In October, the company was recognized for outstanding customer satisfaction among annuity providers from J.D. Powers. |
| 2021 | New Products/Services | In May, the company launched a new investment product which helps clients with professional guidance and a tax-efficent investing option, in partnership with J.P. Morgan. |
Competitor Comparison
| Key Parameters | Nationwide Financial Services, Inc. | Massachusetts Mutual Life Insurance Company | Jackson National Life Insurance Co | Symetra Life Insurance Co | Heritage Insurance Group Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Columbus | Springfield | Lansing | Bellevue | Johnson City |
| State/Province | Ohio | Massachusetts | Michigan | Washington | Tennessee |
| No. of Employees | 10,000 | - | - | - | - |
| Entity Type | Private | Private | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jeffrey Zellers | Chairman - Nationwide Mutual Insurance Company | Executive Board | 2020 | - |
| Kirt Walker | Director - Nationwide Mutual Insurance Company; Chief Executive Officer - Nationwide Mutual Insurance Company | Executive Board | 2019 | - |
| Tim Frommeyer | Chief Financial Officer; Executive Vice President | Senior Management | - | - |
| John L. Carter | Chief Operating Officer; President | Senior Management | 2019 | - |
| Mark Berven | President - Nationwide Property & Casualty; Chief Operating Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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