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AFLAC

American Family Life Insurance Company. It's a Fortune 500 international insurance company, (Ranked 476). Founded by John, Paul and Bill Amos in 1955. It has been providing health and accident policies to individuals as well as employers for more than 50 years. Currently it has more than 40 million customers. Its history dates back to 1955 in Columbus , Georgia named as American Family Life Insurance Company . This was later changed to American Family Life Assurance Company in 1964. It's been listed at NYSE with symbol AFL.

AFLAC's aim is to provide affordable products which could help consumers and also aid to the employers. AFLAC has the mission to combine innovative strategy with quality products and services at prices that are competitive, while providing best value. It is also known for "Pioneering in providing policies that actually pays cash so as to supplement the income of the policyholders during the period one can't work due to accident or injury".

Areas in which AFLAC operates are:

  • Individual Customers
  • Employers & Business Owners

Products offered include:

  • Disability / Accident
  • Cancer / Disease-Specified
  • Dental
  • Hospital Confinement Indemnity
  • Hospital Confinement Sickness Indemnity
  • Intensive Care
  • Life
  • Long-term care
  • Short-term disability

Key Statistics:

  • Assets held by AFLAC by 2006 are $56,361 millions.
  • Net profit as of 2006 is $1,483 millions. (14.2% change from 2004)
  • Operational areas include USA and Japan .
Quick Review....

Aflac Incorporated

Type Public (NYSE : AFL)
Founded 1955
Headquarters Columbus , Georgia
Key people Daniel Amos, Chairman, CEO
Industry Accident and Health Insurance
Products Supplemental Health and Life Insurance
Revenue (2006) $14.616 billion USD
Net income (2006) $1.483 billion USD
Employees (2006) 4,368
Website www.aflac.com

AFLAC's Headquarter:
AFLAC Incorporated
Worldwide Headquarters
ATTN: Shareholder Services Department
1932, Wynnton Road
Columbus , Georgia - 31999
USA


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