Letter from our CEO
Deeper relationships, strong performance, refocused energy…twenty fifteen was all about building on our momentum.
This year, Nationwide’s “N and Eagle” logo proudly returned to our offices across the country as we moved all of our brands under the Nationwide banner. Our united culture was recognized as one of Fortune’s 100 Best Companies to Work For in 2015. We launched new products and reached significant milestones in financial services while also seeing solid growth in key areas in our property and casualty business. And, the power of our diverse portfolio was realized during a time of challenging market conditions.
With the transition of our products and services to the Nationwide brand, members are now better able to experience the multitude of ways we can help protect what matters most: their families, properties, businesses and financial futures. Nationwide’s financial services offerings continued to innovate and perform with the successful launch of the New Heights® Fixed Indexed Annuity suite; a focused approach to the business life insurance market; and a continued focus on building strength in core markets, including individual life, mutual funds and retirement plans. In property and casualty, Nationwide maintained the No. 1 position in the small commercial and farm business segments, while continuing to provide outstanding coverage for our members’ homes and automobiles as we have since our founding in 1926.
In 2015, we helped farmers and ranchers—whose businesses and homes we have insured for years—plan for their retirement and the ultimate transition of the family business through the Land As Your Legacy program. And valued commercial members, who for decades entrusted Nationwide to protect their automobile fleet, looked to Nationwide to add 401(k) plans to help protect their employees’ future. These are just two of many examples of how our members trusted us to provide more complete and holistic solutions under our robust Nationwide brand.
While our products and services continue to evolve, our commitment to building relationships and making a difference remains steadfast. This shows with our claims response, the launch of the Make Safe Happen® initiative, and associate volunteerism, among many examples. For our members, partners and communities, we continued to demonstrate Nationwide’s More Than a Business® commitment.
Although we generated a strong sense of momentum across Nationwide in 2015, we have only just begun. Our strong financial performance resulted in Nationwide continuing to advance on the Fortune 500 list, moving up to position No. 85. As we celebrate our 90th year in 2016, I’m confident we have the right mix of services and products to meet our members’ needs for years to come.
Chief Executive Officer