Founded in 1845, the New York Life Insurance Company is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. Headquartered in New York City, its family of companies offers life insurance, annuities and long-term care insurance. Its division, New York Life Investment Management, provides institutional asset management and retirement plan services. The New York Life Insurance Company s affiliates provide a wide range of institutional and retail mutual funds. It is a leader in the association group insurance field, providing life and health insurance plans for membership associations. New York Life Insurance Company is licensed to transact business throughout the U.S., Puerto Rico and Canada. It provides services through a network of more than 13,000 employees and over 32,000 licensed agents. It maintains an office in Austin, Texas.