UNM 📈 Unum - Overview

Unum Group is a leading provider of financial protection benefit solutions, operating primarily in the United States, the United Kingdom, Poland, and other international markets. The company's operations are segmented into four main divisions: Unum US, Unum International, Colonial Life, and Closed Block. This structure enables Unum Group to offer a diverse range of products, including group long-term and short-term disability, group life, and accidental death and dismemberment products, which are designed to provide financial security to employees in the event of unforeseen circumstances.

The company's product portfolio also includes supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products, which can be tailored to meet the specific needs of employers and their employees. Additionally, Unum Group offers accident, sickness, disability, life, and cancer and critical illness products, providing comprehensive coverage for a range of risks. Its group pension, individual life and corporate-owned life insurance, reinsurance pools and management operations, and other miscellaneous products further expand the company's offerings, making it a one-stop-shop for employers seeking to provide robust benefits to their employees.

Unum Group's sales strategy is multi-faceted, with products sold primarily to employers for the benefit of their employees. The company utilizes a combination of field sales personnel, independent brokers, consultants, and independent contractor agent sales force and brokers to reach its target market. This approach enables Unum Group to effectively promote its products and services to a wide range of employers, from small businesses to large corporations. With a history dating back to 1848, Unum Group has established itself as a trusted and experienced provider of financial protection benefit solutions, with its headquarters located in Chattanooga, Tennessee.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol UNM, Unum Group is committed to transparency and accountability. Its common stock is classified under the GICS Sub Industry: Life & Health Insurance, and the company's ISIN is US91529Y1064. With a strong online presence, Unum Group can be found at https://www.unum.com, providing easy access to information about its products, services, and corporate activities. By leveraging its extensive experience, diverse product portfolio, and multi-channel sales approach, Unum Group continues to be a major player in the life and health insurance industry.