History
About MONY
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1842: A great idea and a great company come to life. The Mutual Life Insurance Company of New York receives its charter.
1843: Strong Beginnings. MONY sells the first mutual life insurance policy in the U.S.
1874: From one innovator to another. MONY insures the life of inventor Thomas Edison.
1918, 1940: Til it was over over there. MONY invests $24 million in World War I Liberty Bonds.
1953: Harbingers of the digital age. MONY adopts the first "electronic brains" to process business data.
1961: Continued technological leadership. MONY utilizes the first computers that use magnetic tape instead of punch cards.
1970: Real estate innovation. MONY Mortgage Investors becomes the first REIT sponsored by a mutual life insurance company.
1988: Another computer breakthrough. MONY introduces computer-assisted underwriting techniques.
1994: Revolutionary idea in financial sales - people MONY increases its field agent force while many other life insurance companies reduce theirs.
1998: Recognition for a heritage of high ethical standards. MONY qualifies for charter membership in the Insurance Marketplace Standards Association (IMSA).
1998: An energized MONY demutualizes. Taking a strong position as a financial services provider for the 21st Century, MONY demutualizes and becomes a stock company.
1998: October - Similar Focus Trusted Securities Advisors Corp. becomes a member company of The MONY Group.
1998: November - A Strategic Alignment. MONY Life Insurance Company acquires U.S. Financial Life Insurance Company.
1999: Rising Ratings. 1999: Rising Ratings.MONY receives upgraded ratings from Fitch, A.M. Best, Moody's, and Standard & Poors.
2000: A Positive Combination. The MONY Group agrees to acquire The Advest Group in a stock-and-cash transaction.
2001: Expanding Service. The MONY Group acquires Matrix Capital Markets Group.
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