With the approval of National Guardian Life Insurance Company’s board of directors, its policyholders and the Wisconsin Office of the Commissioner of Insurance, NGL has converted to a mutual holding company, effective Jan. 1, 2026. The regulatory and policyholder approval converts the organization to a stock insurer and a subsidiary of the mutual holding company.
In June 2025, after thoughtful consideration and strategic planning, NGL filed a plan with the Wisconsin Office of the Commissioner of Insurance to form a mutual holding company.
Restructuring as a mutual holding company enhances NGL’s ability to grow, innovate and serve customers better, while preserving the core values that come with being a mutual insurance company. Policyholders will maintain ownership and control of the insurance holding company while providing NGL greater financial flexibility…