Company Overview Visit mutualofomaha.com website
Mutual of Omaha Insurance is a company based out of Omaha, Nebraska. It started as Mutual Benefit Health and Accident Association in 1924 by Karl M. Guerard and William L. Peregrine. In 1925 they added life insurance to their repertoire with the help of Dr. Joseph H. Kitchin who joined them as a founding partner and president of the association, which changed its name to Mutual Benefit Life Insurance Company that same year (Mutual of Omaha nd).
In 1955, this once small start up was bought out by an even smaller business called Mutual of New York led by Joe McGrath McNulta Sr until he retired in 1984 (Mutual of New York nd). In 1985 it merged with American General Corporation from Houston, Texas which is still the parent company. In 1993 it started selling online and in 2000 they became mutual of Omaha Corporation (Mutual of Omaha nd). Since then they have remained an insurance provider with a focus on life and supplemental health coverage.