Unum Group - Company Profile
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Unum Group (Unum) is a provider of financial protection benefits. It offers life insurance, individual disability insurance, short-term and long-term disability coverage, long-term care protection, voluntary benefits, critical illness insurance and accident insurance. It also offers individual and group income protection, dental insurance, cancer coverage, supplemental health covers, employee benefits and group pension plans. Unum provides its products to individual and group customers in the US, the UK, and Poland. The company sells its products through a network of field sales personnel, independent brokers, consultants, and independent contractor agent sales force. Unum is headquartered in Chattanooga, Tennessee, the US.
Unum Group premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Short Term and Long Term Disability Coverage | Fee-Based Leave Management Services | Unum |
Individual Disability Insurance | Administration Services | Colonial Life |
Voluntary Benefits | ||
XYZ | ||
XYZ | ||
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Corporate Awards | In March, the company was included in the World’s Most Ethical Companies list by Ethisphere. |
2023 | Plans/Strategy | In November, the company announced its plan to introduce two guaranteed lifetime income options to its 401(k) plan. |
2023 | Corporate Awards | In November, the company received Compliance Leader Verification from Ethisphere. |
Competitor Comparison
Key Parameters | Unum Group | Prudential Financial Inc | The Northwestern Mutual Life Insurance Co | Aflac Inc | Lincoln National Corp |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Chattanooga | Newark | Milwaukee | Columbus | Radnor |
State/Province | Tennessee | New Jersey | Wisconsin | Georgia | Pennsylvania |
No. of Employees | 10,553 | 40,658 | 7,600 | 12,785 | 11,024 |
Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Kevin T. Kabat | Chairman | Executive Board | 2017 | 67 |
Richard P. McKenney | Chief Executive Officer; President; Director | Executive Board | 2015 | 55 |
Steven A. Zabel | Chief Financial Officer; Executive Vice President | Senior Management | 2019 | 55 |
Lynn Rice | Senior Vice President; Chief Accounting Officer | Senior Management | 2022 | - |
Martha D Leiper | Chief Investment Officer; Executive Vice President | Senior Management | 2019 | 61 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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