Aflac Inc - Company Profile
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Aflac Inc (Aflac) is a provider of supplementary insurance. The company along with its subsidiaries offers supplemental health and life insurance products and services to individuals and corporate clients. It offers insurance product for accident, cancer, critical illness, hospital, short term disability and dental. It also offers vision insurance, term insurance, whole life insurance, fixed annuity insurance, child endowment insurance and hybrid insurance. Its service offerings include claims settlement services, insurance advisory services, enrollment solutions, health reimbursement arrangements and COBRA administration services. The company distributes its products and services through independent corporate agencies, individual agencies, bancassurance and affiliated corporate agencies in Japan and through sales associates and brokers in the US. Aflac is headquartered in Columbus, Georgia, the US.
Aflac Inc premium industry data and analytics
Products and Services
Products | Services |
---|---|
Accident Insurance | Claim Settlement Services |
Short Term Disability Insurance | Insurance Advisory Services |
Dental Insurance | Cafeteria Plans |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In January, the company entered into a partnership with The International Luxury Hotel Association to provide exclusive pricing benefits to luxury hoteliers. |
2023 | Contracts/Agreements | In September, Aflac Life Insurance Japan announced a collaboration with Hitachi and GlobalLogic Japan to establish a cancer ecosystem to provide comprehensive support for employees and their families facing societal issues surrounding cancer. |
2023 | Contracts/Agreements | In August, the company selected LTIMindtree to digitally transform the organization by leveraging the cloud-native services of AWS. |
Competitor Comparison
Key Parameters | Aflac Inc | Nippon Life Insurance Co | Dai-ichi Life Holdings Inc | Prudential Financial Inc | Meiji Yasuda Life Insurance Co |
---|---|---|---|---|---|
Headquarters | United States of America | Japan | Japan | United States of America | Japan |
City | Columbus | Osaka | Chiyoda-Ku | Newark | Tokyo |
State/Province | Georgia | Osaka | Tokyo | New Jersey | Tokyo |
No. of Employees | 12,785 | 70,714 | 60,997 | 40,658 | 47,385 |
Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Daniel P. Amos | Chairman; Chief Executive Officer | Executive Board | 2001 | 71 |
Max K. Broden | Executive Vice President; Chief Financial Officer | Senior Management | 2020 | 44 |
Frederick J. Crawford | Chief Operating Officer; President | Senior Management | 2020 | 59 |
June P. Howard | Senior Vice President - Financial Services; Chief Accounting Officer | Senior Management | 2010 | 56 |
Albert A. Riggieri | Chief Actuary; Chief Risk Officer; Senior Vice President | Senior Management | 2018 | 67 |
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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