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Sanlam Limited company has been expanding its investment business through segments including Sanlam Investment Management, its Octane hedge fund of funds, and its SIM Emerging Markets, which focuses on African economies. Charlize Theron may have run away to Hollywood, but the Sanlam Group keeps its star power at home in South Africa. Targeting middle-market and affluent clients, the company provides insurance and wealth management services. Major segments are life insurance (including annuities and other investment products) and short-term insurance (property and casualty coverage sold through majority-owned Santam).

SBLI USA Mutual Life Insurance Company began life in 1939 as The Savings Banks Life Insurance system, which had been promoted by former Supreme Court Justice Louis Brandeis as a means to provide "ordinary working people" with life insurance sold through more than 20 savings banks in New York. Today SBLI USA and subsidiary S.USA Life Insurance serve 300,000 policyholders across the US. The company has stuck to its original mandate and sells individual and group life insurance and other products through banks, though its primary source is direct marketing. In addition to life insurance, SBLI USA's offerings also include accident insurance and annuities.

Founded in 1815 as Scotland's first mutual life insurer, Scottish Widows provides life insurance and pension plans, as well as annuities and health insurance coverage. The company's Scottish Widows Bank branch offers savings accounts and mortgage loans, and its Scottish Widows Investment Partnership segment manages over $180 billion in client funds under management. The company is a subsidiary of theLloyds Banking Group. Its products are sold through direct and independent sales representatives and advisers, as well as through affiliated banks and the Internet.

Securian Financial Group, Inc. was founded in 1880 and restructured as a mutual holding company in 2005. After 125 years of being in business, Minnesota Mutual felt secure enough to change its name to Securian Financial Group and serve the entire US. The company still operates through its subsidiary Minnesota Life which offers individual and group life and disability insurance and annuities, as well as retirement services. Other subsidiaries include its brokerage network, Securian Financial Services, and its Allied Solutions business which distributes Securian products. Its Advantus Capital Management provides institutional asset management. It also offers a small amount of property/casualty coverage nationwide.

Security Mutual Life Insurance Company of New York (SMLINY) offers more than just life insurance and it offers it in 49 states in addition to New York. The company, founded in 1886, markets individual and group life, accident, and disability coverage. Its Secure Benefits Solutions unit sells worksite benefits to businesses and credit union members. It also offers third-party administration to businesses that sponsor their own pensions. SMLINY holds 20% of National Security Life and Annuity Company and markets its products in New York, while Ohio National Financial Services holds the remainder of the business.

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