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Employers Modern, National Travelers Merge

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NU Online News Service, July 1, 2003, 10:45 a.m. EDT – Employers Modern Life Company, Des Moines, Iowa, has merged with National Travelers Life Company, Des Moines, to form EMC National Life Company, Urbandale, Iowa.

The combined company has about $500 million in assets, $120 million in annual premium revenue and a network of 5,000 independent insurance agents.

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National Travelers had more experience with worksite marketing, and Employers Modern had a broader selection of individual products, EMC says.