The insurance providers most frequently used by independent broker-dealers

May 23, 2012 @ 5:02 pm (Updated 11:30 am) EST

  

Fixed annuities

Company# of IBDs*Market share
Allianz Life Distributors3314.3%
Jackson National3013.0%
MetLife198.3%
Prudential Financial198.3%
Lincoln Financial Group146.1%
Based on 86 responses. In case of a tie, products are listed in alphabetical order.

Life insurance

Company# of IBDs*Market share
Lincoln Financial Group3012.2%
MetLife239.3%
Pacific Life228.9%
Prudential Financial176.9%
John Hancock166.5%
Based on 90 responses.

Variable annuities

Company# of IBDs*Market share
Prudential Financial8028.5%
Jackson National7225.6%
MetLife5419.2%
Nationwide134.6%
Allianz Life Distributors103.6%
Based on 95 responses.

*Number of independent broker-dealers that indicated which company was one of the three most frequently used insurance companies.

Source: InvestmentNews Data, 2012 Independent Broker-Dealer Survey

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