(UNM) Unum - Ratings and Ratios

Unum Group (NYSE:UNM) stands as a prominent provider of financial protection benefits, operating primarily in the United States, the United Kingdom, Poland, and internationally. With a rich history dating back to its founding in 1848, the company has established itself as a stable player in the insurance sector, offering a diverse range of products tailored to meet the needs of employers and their employees.

The companys operations are divided into four distinct segments: Unum US, Unum International, Colonial Life, and Closed Block. Each segment contributes to the companys comprehensive portfolio. Unum US focuses on group long-term and short-term disability insurance, along with group life and accidental death and dismemberment coverage. This segment is complemented by Unum International, which extends similar protections to global markets, adapting products to meet local needs. Colonial Life specializes in supplemental and voluntary benefits, offering individual disability coverage, voluntary benefits, and dental and vision products, allowing employees to customize their coverage. The Closed Block segment manages legacy products, ensuring sustained service to existing policyholders.

Unum Groups product lineup also includes accident, sickness, and disability coverage, as well as life, cancer, and critical illness insurance. Additionally, they provide group pension plans and individual life insurance policies, including corporate-owned life insurance. Their offerings are enhanced by reinsurance pools and management operations, further diversifying their risk management strategies.

The companys distribution network is extensive, utilizing field sales personnel, independent brokers, consultants, and independent contractor agents to reach employers. This multi-channel approach ensures that their products are accessible to a broad range of businesses, from small enterprises to large corporations, thereby protecting millions of employees worldwide.

Headquartered in Chattanooga, Tennessee, Unum Group is a company with a legacy of over 175 years, reflecting its commitment to providing financial security. Investors and fund managers may find value in its strong market presence and diversified product offerings, supported by a robust distribution network and a history of stability in the insurance industry.