AFLAC Insurance Company provides accident and health insurance policies to individuals and employers. They have around 40 million customers world wide. The history of AFLAC is around 50 years old. American Family Life Insurance Company (AFLAC) was founded in 1955 by brothers, John, Paul and Bill Amos. AFLAC had 6,426 policyholders and $388,000 in assets in its first year of operations. Today AFLAC is a thriving Fortune 500 international insurance company listed on the New York Stock Exchange. At present, AFLAC has over $56 billion in assets and insures more than 40 million people worldwide. The company is based in Columbus, Georgia.
The aim of AFLAC is to provide affordable products that help consumers and aids employers. The mission of AFLAC insurance is to combine innovative strategic marketing with quality products and services at competitive prices to provide the best insurance value for consumers. The business motto of AFLAC is “AFLAC pays you cash when you get hurt and miss work”
The areas of operation or businesses of AFLAC are to help:
- Individuals
- Employers and Business Owners
Offering insurances for:
- Accident/Disability
- Cancer/Specified Disease
- Dental
- Hospital Confinement Indemnity
- Hospital Confinement Sickness Indemnity
- Hospital Intensive Care
- Life
- Long-Term Care
- Short-Term Disability
- Specified Health Event
- Vision
- Benefits Managers
- Policy Holders
- Investors
- Brokers
Key Statistics:
- AFLAC holds assets of $56,361 millions in 2006.
- AFLAC has made a profit of $1,483 millions in 2006. There has been a 14.2% change in profits from 2004.
- AFLAC operates in New York in USA and Japan.
- There are 7,263 employees working in AFLAC.
International Ranking:
- AFLAC ranks 476 in the Fortune Global 500 Rankings.
- The Forbes Magazine has ranked AFLAC 218 in 2006.
Headquarter Address:
AFLAC IncorporatedWorldwide Headquarters
ATTN: Shareholder Services Department
1932 Wynnton Road
Columbus, Georgia 31999
USA
Phone: 706-323-3431
