MLC is an Australian asset and wealth management company. MLC is the second largest provider of superannuation and the first provider of personal insurance with market shares respectively 16.4% and 14.1%. It was founded in 1886 as The Citizens’ Assurance Company Limited and changed its name later on. In 2000 it was acquired by National Australia Bank. It offers its customers services such as financial planning and advice, life insurance, illness insurance, disability insurance, income protection insurance, accidental death insurance, premium waiver insurance, superannuation and much more.