Company Profile

Principal affiliates

Our family of principal affiliates enhances our strength, reinforces our capabilities, and contributes to our ongoing success. Through them, we offer a full range of life insurance and annuity products, and investment services.

The Penn Insurance and Annuity Company

The Penn Insurance and Annuity Company (PIA) is a wholly owned life insurance subsidiary of The Penn Mutual Life Insurance Company (Penn Mutual). Domiciled in Delaware, PIA maintains its operations in Horsham, Pa., and is licensed to do business in 49 states and the District of Columbia. It markets its products with a focus on universal life insurance through Penn Mutual's distribution systems and has its in-force business serviced by the parent company.

The Penn Insurance and Annuity Company of New York

The Penn Insurance and Annuity Company of New York (PIA-NY) is a wholly owned life insurance subsidiary of Penn Mutual. PIA-NY is domiciled and only licensed in New York. It markets its products through Penn Mutual's distribution systems and has its in-force business serviced by Penn Mutual.

Vantis Life Insurance Company

Vantis Life Insurance Company is a wholly owned subsidiary of Penn Mutual. Vantis Life was established in 1942 and became part of the Penn Mutual family in 2016. From its inception, Vantis Life’s primary focus has been to provide families life insurance and annuity products that provide protection and guarantees. Vantis Life prides itself on providing simple, easy-to-afford products with convenient service.

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Janney Montgomery Scott LLC

Janney Montgomery Scott LLC (Janney) is one of the largest, full-service securities broker-dealers in the country, serving customers through a comprehensive network of branch offices. Janney offers clients a complete range of investment vehicles, from individual securities to mutual funds, insurance, money management and other financial service products. Janney also provides investment banking services to corporations and institutional clients. Janney is a member of all major U.S. exchanges, the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).

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Hornor, Townsend & Kent, LLC

Hornor, Townsend & Kent, LLC (HTK) is a wholly owned subsidiary of Penn Mutual. HTK is a broker-dealer and registered investment adviser supporting independent financial professionals across the U.S. For more than 50 years, HTK has been committed to offering financial professionals the independence to build their practice their way through the delivery of a flexible platform, leading solutions and personalized service. HTK is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).

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Penn Mutual Asset Management, LLC

Penn Mutual Asset Management, LLC (PMAM) is a registered investment adviser and wholly owned subsidiary of Penn Mutual, and is dedicated to creating value through a prudent, thoughtful and rigorous investment decision-making process. PMAM serves as investment adviser and manager of managers for the Penn Series Funds, Inc., a proprietary fund complex, with approximately $10 billion in assets. PMAM is also responsible for the management of the investment portfolios of Penn Mutual and its subsidiaries' $21 billion general account.

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