UNMA 📈 Unum - Overview

Unum Group is a leading provider of financial protection benefit solutions, operating in the United States, the United Kingdom, and internationally through its subsidiaries. The company's business is segmented into four main areas: Unum US, Unum UK, 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. These products are designed to provide financial protection to employees in the event of illness, injury, or death, and are typically sold to employers as part of their employee benefits packages.

Unum Group's product portfolio also includes supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products. These products provide employees with additional financial protection and benefits that can be tailored to their individual needs. The company also offers accident, sickness, disability, life, and cancer and critical illness products, which provide further protection against unexpected events. In addition to these products, Unum Group provides group pension, individual life and corporate-owned life insurance, reinsurance pools and management operations, and other products, making it a comprehensive provider of financial protection solutions.

The company's sales strategy is multi-channel, with products sold through field sales personnel, independent brokers, and consultants, as well as an independent contractor agency sales force. This approach enables Unum Group to reach a wide range of customers and provide them with personalized service and support. With a history dating back to 1848, Unum Group has established itself as a trusted and experienced provider of financial protection benefit solutions. The company is based in Chattanooga, Tennessee, and its common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol UNM, with the ISIN code US91529Y6014, and is classified under the GICS Sub Industry: Life & Health Insurance.