Venerable is a privately held company specializing in the acquisition, management, and administration of legacy variable annuity contracts from other insurance providers. The firm operates within the insurance and annuity management sector of the financial services industry.
A key subsidiary is Venerable Insurance and Annuity Company (VIAC), which was founded in 1973. This entity owns and manages variable annuity business acquired from other companies. The company utilizes patient, long-term capital and is backed by strategic investors with experience in building and growing insurance businesses.
Venerable maintains operational offices in West Chester, Pennsylvania; Des Moines, Iowa; and New York, NY.
