Prior to being spun off in 2021, Jackson was a subsidiary of the British insurer, Prudential plc, which acquired the company for $608 million in 1986.

[5] In the early years, the company focused on offering term insurance to individuals as an alternative to whole life products.

[6] In 1995, the company launched its first variable annuity and began selling guaranteed investment contracts and funding agreements through its Institutional Products Department.

[5] In March 2003, Jackson entered the registered investment adviser channel with the launch of Curian Capital LLC.

[7] Prudential announced on 28 January 2021 its intention to demerge Jackson, resulting in two separately listed companies.