Clock

100+

years of trust

About New Era Life Insurance Companies

Here at New Era, we’ve been delivering Americans quality insurance solutions with standout service since 1924.

About New Era Life Insurance Companies

Here at New Era, we’ve been delivering Americans quality insurance solutions with standout service since 1924.

Welcome to New Era

We’re the company behind quality, affordable, and forward-thinking insurance and financial solutions for Americans. Since our founding in 1924 - and especially following our leadership shift in 1989 - we’ve kept consumers at the heart of everything we do. Our name, New Era, was inspired by a bold vision to redefine the insurance experience with the consumer front and center.

A Fresh Perspective on Healthcare & Insurance

Handing someone an insurance card and sending them on their way just doesn't cut it. We're focused on giving our members the knowledge, tools and support they need to take charge of their healthcare spending. Our mission is to put control back into the hands of our members, helping them make informed decisions and avoid inflated costs from providers and facilities.

Independent & Strong

As a privately held company, our independence gives us the freedom to focus on what really matters - you. And with an A- (Excellent) rating from A.M. Best, our financial strength isn’t just solid, it’s certified. Our policyholders can rest easy knowing they're in solid hands.

Creating a Better Healthcare Experience

We Help Make It Make Sense

We understand that healthcare can be complicated. That's why we aim to make it simpler.
 

Affordable Coverage Options

We offer budget-friendly options and work to keep costs manageable.
 

Here for You

Our members' experience is important to us. We support them with quality care options, personalized solutions and guidance at every step.

One Big Family of Companies

New Era Life Insurance Company
New Era Life Insurance Company of the Midwest
Philadelphia American Life Insurance Company

Our Locations


Home Office

Houston, TX


Satellite Office

Omaha, NE


Satellite Office

Dallas/Forth Worth TX


Satellite Office

Denver, CO

A Look Back at 100+ Years

2026Still Leading the Way Under Our Parent Name

Today, we’re proud to still operate under our original parent name, New Era Life – a name that stands for integrity, innovation and impact. With creative leadership and our mission to help Americans control their healthcare spending, we continue designing health insurance solutions that give Americans more control, more choice and more confidence.

2024Cheers to 100 Years

We hit the century mark - a major milestone fueled by decades of service, education, innovation, and unwavering focus on putting consumers first.

2022Rated Excellent (Officially!)

We earned a prestigious A- rating from AM Best, a respected credit agency known for its rigorous standards. It’s a badge of honor and a big win for our policyholders knowing that their carrier of choice is financially secure.

2010A New Take on “Bundling” Health Plans

When the Affordable Care Act (ACA) arrived, we introduced an alternative option - “bundled” health insurance solutions. By combining indemnity plans with other ancillary products and healthcare savings tools, we created flexible, affordable coverage – especially to those without ACA subsidies and those who wanted to maintain their freedom of choice. Our concept is now a go-to model adopted across the industry.

2007Smarter Underwriting, Stronger Stability

To help stabilize premiums for our insureds, we introduced telephone interview and non-tobacco rates – underwriting practices that set new industry standards and are still widely used today.

2005Securing Wealth With Annuities

As our Med Supp business thrived, we saw the need for guaranteed income solutions for seniors. So, we added annuities to the mix giving seniors smart, secure ways to grow their savings. What began as an innovative CD annuity evolved into today’s trusted MYGAs.

Mid 90sEnter Medicare Supplement

We launched our Medicare Supplement line bringing competitive pricing and standout service to a market that needed both – and so, we quickly became a top choice. Within a decade, we grew to be one of the largest Medicare Supplement carriers in the nation.

Early 90sGiving Policyholders a Lifeline

As other carriers faltered during an economic downturn, we stepped up - acquiring insolvent insurers and keeping thousands of policyholder protected. It wasn’t just good business, it was the right thing to do and set the stage for acquisitions industry wide.

1991A Fresh Start

With $3 million in capital and a single Texas license, we officially reopened our doors under new management. Our guiding philosophy to put the consumer first, has helped reshape the industry over time and still holds true today.

1989A “New Era” Begins

New leadership stepped in with a vision to put consumers at the heart of insurance plans. That idea sparked a “New Era” of insurance for American consumers and gave us our name!

1924Incorporated in Texas

Founded in 1924, our doors originally opened in Texas, offering life and health products.

 

Connect With Us

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