Related Research Articles
Foresters Financial is a fraternal benefit society headquartered in Toronto, Ontario, Canada that provides life insurance and other financial solutions in Canada, the United Kingdom, and the United States. Since 2018, Jim Boyle has served as the company’s President and CEO.
Knights of the Maccabees was a fraternal organization formed in 1878 in London, Ontario, Canada. Most active in the U.S. state of Michigan, the group's fraternal aspects took a backseat to providing low-cost insurance to members. In the society's early years it also provided other final-expense related benefits such as society cemeteries.
A friendly society is a mutual association for the purposes of insurance, pensions, savings or cooperative banking. It is a mutual organization or benefit society composed of a body of people who join together for a common financial or social purpose. Before modern insurance and the welfare state, friendly societies provided financial and social services to individuals, often according to their religious, political, or trade affiliations. These societies are still widespread in many parts of the developing world, where they are referred to as ROSCAs, ASCAs, burial societies, chit funds, etc.
Thrivent is a Fortune 500 not-for-profit financial services organization headquartered in Minneapolis, Minnesota, and Appleton, Wisconsin, and founded by Lutherans. As a member-owned fraternal benefit society, it operates under a chapter system, serving nearly 2.3 million members.
A benefit society, fraternal benefit society, fraternal benefit order, friendly society, or mutual aid society is a society, an organization or a voluntary association formed to provide mutual aid, benefit, for instance insurance for relief from sundry difficulties. Such organizations may be formally organized with charters and established customs, or may arise ad hoc to meet unique needs of a particular time and place.
Industrial Development Bank of India was established in 1964 by an act to provide credit and other financial facilities for the development of the fledgling Indian industry. It is a development finance institution and a listed subsidiary of LIC of India. Many national institutes find their roots in IDBI like SIDBI, India Exim Bank, National Stock Exchange of India and National Securities Depository Limited.
Insurance in India refers to the market for insurance in India which covers both the public and private sector organisations. It is listed in the Constitution of India in the Seventh Schedule as a Union List subject, meaning it can only be legislated by the Central Government only.
The Financial Consumer Agency of Canada (FCAC) is an agency of the Government of Canada that enforces consumer protection legislation, regulations and industry commitments by federally regulated financial entities. It also provides programs and information to help consumers understand their rights and responsibilities when dealing with financial institutions and promotes financial literacy.
The Foresters Friendly Society is a British friendly society which was formed in 1834 as the Ancient Order of Foresters. As of 31 December 2016, the society had approximately 75,000 members. Its head office is located in Southampton, England.
Modern Woodmen of America (MWA) is one of the largest fraternal benefit societies in the United States, with more than 750,000 members. Total assets reached US$15.4 billion in 2016. Though it shares the same founder, it is not affiliated financially in any way with another, similarly-styled fraternal benefit society, WoodmenLife, and despite the name "Modern" is actually older than its counterpart.
The Canadian Fraternal Association (CFA) was a trade association based in Waterloo, Ontario, for fraternal benefit societies in Canada which engaged in advocacy on their behalf as well as provided services.
Catholic Financial Life (CFL) is a Milwaukee-based life insurer and fraternal organization. It is one of the largest Catholic not-for-profit financial services organizations in the United States, second only to the Knights of Columbus. Fraternal benefits societies are nonprofit membership organizations that designate a portion of their income for charity.
The Ancient Order of United Workmen (AOUW) was a fraternal organization in the United States and Canada, providing mutual social and financial support after the American Civil War. It was the first of the "fraternal benefit societies", organizations that would offer insurance as well as sickness, accident, death and burial policies.
The Insurance Regulatory and Development Authority of India (IRDAI) is a regulatory body under the jurisdiction of Ministry of Finance, Government of India and is tasked with regulating and licensing the insurance and re-insurance industries in India. It was constituted by the Insurance Regulatory and Development Authority Act, 1999, an Act of Parliament passed by the Government of India. The agency's headquarters are in Hyderabad, Telangana, where it moved from Delhi in 2001.
The Gleaner Life Insurance Society, originally the Ancient Order of Gleaners, is a fraternal benefit society based in Adrian, Michigan.
The American Fraternal Alliance (AFA) is an umbrella group of fraternal orders in the United States. It was founded as the National Fraternal Congress of America in 1913, in Chicago and adopted its current name in 2011.
The Order of Chosen Friends was a fraternal benefit order that existed in North America in the late nineteenth and early twentieth centuries. The group suffered a number of splits during its lifetime, leading scholar Alan Axelrod to call it "almost a parody" of fraternal benefit societies of the time.
FaithLife Financial, formerly the Lutheran Life Insurance Society of Canada, is a Christian fraternal benefit society which provides insurance and investment services to its members. Originally established to serve the Lutheran community, membership eligibility was expanded to all Christians in 2004.