What Is The Relationship Between Berkshire and Guardian?
In July of 2001 The Berkshire Life Insurance Company completed a merger with The Guardian Life Insurance Company of America (Guardian). Berkshire Life Insurance Company of America (Berkshire) is now a wholly owned stock subsidiary of The Guardian. Berkshire has a primary focus on the disability insurance product line for Guardian. The merger made a lot of sense because up until July of 2001 Berkshire and Guardian were competitors in the own-occupation disability insurance marketplace. Both companies before the merger were also mutual companies, which meant that they both acted in the best interest of their policyholders instead of the stock price.
