Ameritas Life Insurance Corp.
In 1887 there were no local insurance companies in Lincoln, Nebraska. Five local businessmen saw that as an opportunity, and on April 6, 1887, Old Line Bankers Life Insurance Company of Nebraska (Bankers Life) was formed.
During the first half of the 20th century, Bankers Life grew from a small company serving a limited Midwest geographical area to one of the 100 largest insurance companies with operations extending to both coasts. By the 1950s, Bankers Life had outgrown its home office and purchased 17 acres for a new location, which was completed in 1959.
In the 1980s and 1990s, subsidiaries were formed to offer and underwrite variable insurance products; security and investment products; and dental, individual and low-load products in New York. In 1988, Bankers Life changed its name to Ameritas Life Insurance Corp. (Ameritas) to reflect its broad product line and national scope. The American bison was chosen as the new logo. A widely recognized image, it suggests strength and represents a Midwestern heritage and work ethic. In 1998, Ameritas Mutual Insurance Holding Company was formed, then merged in 1999 with Acacia Mutual Holding Corporation to form Ameritas Acacia Mutual Holding Company (The Ameritas Acacia Companies) – the first ever merger of two mutual holding companies.
From 1999 through 2005 Ameritas Life, Acacia Life and their affiliates operated as The Ameritas Acacia Companies. On January 1, 2006, Union Central formed a mutual holding company, which in turn merged with Ameritas Acacia Mutual Holding Company to establish UNIFI Mutual Holding Company (UNIFI Companies).