Real Estate

Aug 31 2017

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Helping families and businesses take small, manageable steps toward financial security since 1859






Henry Hyde leaves the Mutual Life Insurance Company of New York to start his own firm, then known as Equitable Life Assurance Society of America. In its tenth year, Equitable writes more new business than any other company in the world.

The company’s new headquarters is the first office building with steam elevators, paving the way for future skyscrapers. By 1879, it will expand to be the tallest office building in the world at that time.

Equitable markets the first joint and survivor annuity and pioneers the practice of paying death claims immediately. Miss Ray Wilner appointed Equitable’s first woman agency manager.

Equitable supported the American College in launching the CLU professional designation program. Equitable started new agent training classes in 1902.

Equitable introduces its first line of individual variable annuity products and in 1976 pioneers variable life insurance, an investment-oriented policy that commands significant market share.

With a $1 billion investment from the AXA Group, Equitable completes the largest-ever conversion from a mutual to a stock company at that time and soon becomes a member of the Global AXA Group.

AXA celebrates its eighth consecutive year as the #1 insurance brand in the world as measured by the Interbrand annual report.

“AXA” is the brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (NY,NY), MONY Life Insurance Company of America (AZ stock company, administrative office: Jersey City, N.J.), AXA Advisors, LLC (member FINRA, SIPC), and AXA Distributors, LLC (member SIPC). AXA S.A. is a French holding company for a group of international insurance and financial services companies, including AXA Equitable Financial Services, LLC. The obligations of AXA Equitable Life Insurance Company and MONY Life Insurance Company of America are backed solely by their claims-paying ability.


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