About the Company

About the Company...

Tracing its roots back to 1892, IA American Life Insurance Company is a progressive special markets insurer. The Company offers innovative life insurance and annuity products developed to target the individual needs of protection, wealth creation and estate preservation.

The Company continues to grow and prosper and has consistently maintained a solid financial position. Historically anchored on a foundation of financial integrity, responsible management, and a strong commitment to every policyholder, IA American Life Insurance Company looks to the future with great enthusiasm.

FINANCIAL STRENGTH

A.M. Best Rating:

A Excellent

A Excellent, the third highest rating out of 15 categories, was assigned by A.M. Best to IA American Life Insurance Company on February 13, 2015.

A.M. Best is a large third-party independent reporting and rating company that rates an insurance company on the basis of the company's financial strength, operating performance and ability to meet its ongoing obligations to policyholders.

IA American’s total investment portfolio is well-diversified and provides a proper mix between risk and reward. Consistent with our philosophy of managing money wisely, the Company invests only in investment grade bonds, mortgage loans diversified geographically and by property type, and common stocks of large companies that offer attractive dividends. This philosophy enables us to successfully operate a financially stable, highly competitive insurance business.

Consider All The Facts,

And Then Make Your Own Decision.

With more than 100 years of insurance experience, the American-Amicable group of companies consists of:

American-Amicable Life Insurance Company of Texas

IA American Life Insurance Company

Occidental Life Insurance Company of North Carolina

Pioneer American Insurance Company

Pioneer Security Life Insurance Company

All five companies have a financial strength rating of A Excellent (the third highest rating out of 15 categories) from A.M. Best (a large third-party independent reporting and rating company that rates an insurance company on the basis of the company’s financial strength, operating performance and ability to meet its ongoing obligations to policyholders) and are a part of the Industrial Alliance Insurance and Financial Services Inc. (IA).

About Industrial Alliance Insurance & Financial Services Inc.

Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. is a life and health insurance company that offers a wide range of financial products and services. The company has operations across North America. IA contributes to the financial well-being of over four million individuals, employs more than 5,000 people and manages and administers over $109.5 billion in assets.

Find out more by visiting the new IA Financial Group website! http://ia.ca/individuals

AMERICAN-AMICABLE LIFE INSURANCE CO.

CENTENNIAL ANNIVERSARY

Celebrating 100 Years of Service

In 1910, Amicable Life Insurance Company (ALICO) was founded in Waco, Texas. The year 2010, Amicable Life, presently known as American-Amicable Life Insurance Company of Texas celebrated 100 years of doing business at the historic landmark. All employees at the time were given a box containing a glass replica statue of the ALICO Building and fact sheet about the Waco skyscraper.

American-Amicable Life is part of the American-Amicable group of companies which also consists of IA American Life Insurance Company, Occidental Life Insurance Company of North Carolina, Pioneer American Insurance Company & Pioneer Security Life Insurance Company.

Company History

In the early months of 1909, an insurance company was formed in Waco, Texas that embarked on a mission of which changed the face and skyline of that city forever. An accomplishment to leave such a mark for the entire world to hear about and marvel well into the 21st Century.

On February 2, 1909, Amicable Life Insurance Company was chartered and began business on April 2, 1910.

The ALICO Building still remains a tower of strength and stability…remains an edifice all alone standing straight as a soldier in the skyline of Waco. A city with charm, a building with character…a city and a building waiting for new discoveries….

To Wacoans, the ALICO Building became a landmark for their city…to the policyholders, it became a tower of strength…to the stockholders, it was a constant awareness of pride in ownership.

First photograph of the construction of the ALICO building. Photograph taken by Gildersleeve on August 8, 1910.

Construction of the ALICO basement.

Photograph taken by Gildersleeve on October 17, 1910.

Spectators look on as the frame goes up.

Photograph taken by Gildersleeve on December 19, 1910.

Construction of the pillars.

Photograph taken by Gildersleeve on February 6, 1911.

The framework is almost complete.

Photograph taken by Gildersleeve in March 1911.

Amicable Life Insurance Company Building complete.

Photograph taken by Gildersleeve on August 5, 1911.

Front corner of the ALICO on 5th and Austin Ave.

Photograph taken by Gildersleeve in 1912.

ALICO Building

Elevator lobby after remodeling in the late 1940's.

Original elevator lobby. Entrance at Austin Ave.

Photograph taken in 1911.

Elevator lobby with passengers 1911.

Photograph provided to us by James Jasek.

ALICO Building

Issuing policies in the early teens.

Policy Services hard at work in 1915.

Photograph taken by Gildersleeve in March 1915.

Lou Ella Wylie Barrett - Elevator Dispatcher/Receptionist.

Photograph taken in the late 1940's.

Policy Issue Department in the early 1950's was on the 20th floor of the ALICO.

Florine Moulder - Elevator Dispatcher.

Photograph taken by Whayne H. Farmer.

Artemas R. Roberts - One of Amicable's founders, served as the first President of Amicable Life Insurance Company from 1909 to 1920. Photograph taken by Gildersleeve circa 1911

A.R. Wilson - Served as the second President of Amicable Life Insurance Company from 1920 to 1946.

Photograph taken by Gildersleeve.

The ALICO Building after the tornado

Ornately decorated top of the ALICO.

Photograph taken by Adrian Huff in the summer of 1999.

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Today, the ALICO Building remains a vital part of the downtown business community. Providing the home office for IA American Life Insurance Company and its corporate family, as well as providing rental office space. Through the years, as business office functions changed, the interior floors were altered to meet the market needs and the building continues to remain an attractive and viable office building.

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