The parent company of Securian, commonly known as Securian Financial, is Securian Holding Company. This structure is typical for large financial organizations, separating the operational entity from the overarching corporate governance.
Understanding Securian Financial
Securian Financial is a well-established financial services company offering a broad range of products and services. With a history stretching back over 140 years, it has evolved into a comprehensive provider for individuals, families, and businesses. Its core offerings generally include:
- Life Insurance: Providing financial protection and security for beneficiaries.
- Retirement Solutions: Helping individuals plan and save for their post-employment years through annuities and other investment vehicles.
- Investment Products: Offering various options for wealth accumulation and management.
- Group Benefits: Providing employers with solutions such as life, disability, and dental insurance for their employees.
Securian Financial's commitment lies in helping its clients build secure financial futures through robust and reliable solutions.
The Role of Securian Holding Company
Securian Holding Company serves as the parent organization for Securian Financial and its various subsidiaries. This type of corporate structure, where a holding company owns the majority or all of the stock of other companies, is a common practice in the financial industry. Its primary functions often include:
- Strategic Oversight: Guiding the overall direction, vision, and long-term strategy for all entities under its umbrella.
- Capital Management: Managing the financial resources and capital allocation across the group, ensuring stability and growth.
- Risk Management: Implementing comprehensive risk management frameworks to protect the entire organization from various financial and operational risks.
- Corporate Governance: Establishing and maintaining high standards of governance, compliance, and ethical conduct.
Corporate Structure at a Glance
A simplified view of the relationship can be understood as follows:
| Entity | Role in Structure | Primary Function |
|---|---|---|
| Securian Holding Company | Parent Organization | Strategic oversight, capital management, corporate governance |
| Securian Financial | Operating Subsidiary | Provides financial products and services to customers |
This setup allows Securian Financial to focus on its core business operations while the holding company manages the broader corporate framework and strategic direction.
A Legacy of Financial Strength
Securian Financial has built a strong reputation for financial stability and reliability. Its long-standing presence in the financial sector underscores its ability to adapt and thrive through various economic cycles. The strategic guidance provided by Securian Holding Company contributes significantly to the overall resilience and sustained success of the entire Securian enterprise.
For more information about Securian Financial and its services, you can visit their official website at Securian.com.
