Unum
Unum Group is an American insurance company headquartered in Chattanooga, Tennessee. It provides financial protection benefits, including disability, life, accident, critical illness, dental, and vision insurance. Unum is a leading provider of employee benefits in the United States and the United Kingdom.
History
Unum was founded in 1848 in Portland, Maine, as the Union Mutual Life Insurance Company. Over the years, the company expanded its offerings and underwent several mergers and acquisitions. In 1999, Unum merged with Provident Companies, Inc., forming UnumProvident Corporation. The company rebranded as Unum Group in 2007.
Operations
Unum operates primarily in the United States and the United Kingdom. It offers a range of insurance products and services designed to protect individuals and their families from financial hardship due to illness, injury, or death. The company markets its products through a network of brokers and sales representatives.
United States
In the United States, Unum provides group and individual disability insurance, life insurance, and other financial protection benefits. The company is known for its strong presence in the employee benefits market, offering solutions to businesses of all sizes.
United Kingdom
Unum UK offers similar products, focusing on group income protection, critical illness, and life insurance. The UK division is headquartered in Dorking, Surrey, and serves a wide range of clients across the country.
Corporate Structure
Unum Group is a publicly traded company listed on the New York Stock Exchange under the ticker symbol UNM. The company is governed by a board of directors and managed by an executive team responsible for its strategic direction and operations.
Headquarters
Unum's headquarters are located in Chattanooga, Tennessee. The company also has significant operations in Worcester, Massachusetts, and Portland, Maine.
Community Involvement
Unum is committed to corporate social responsibility and actively participates in community service and charitable activities. The company supports various initiatives focused on education, health, and wellness.
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Contributors: Prab R. Tumpati, MD