Aflac

Not to be confused with Aflaq or Affleck.

Aflac Incorporated
Company typePublic
IndustryInsurance
Human resources services
FoundedNovember 17, 1955; 69 years ago (1955-11-17)[1] (as American Family Life Insurance Company of Columbus)
Founders
  • John Amos
  • Paul Amos
  • Bill Amos
HeadquartersAflac Building
Columbus, Georgia, U.S.
Area served
  • United States
  • Japan
Key people
Dan Amos (chairman, CEO)
Frederick J. Crawford (CFO)
ProductsSupplemental health &
life insurance
RevenueDecrease US$18.70 billion (2023)
Increase US$5.262 billion (2023)
Increase US$4.659 billion (2023)
Total assetsDecrease US$126.7 billion (2023)
Total equityIncrease US$21.99 billion (2023)
Number of employees
12,785 (2023)
ParentAflac Incorporated Edit this on Wikidata
Websiteaflac.com
Footnotes / references
[2]

Aflac Incorporated /ˈæflæk/ (American Family Life Assurance Company) is an American insurance company and is the largest provider of supplemental insurance in the United States.[3] It was founded in 1955 and is based in Columbus, Georgia. In the U.S., it underwrites a wide range of insurance policies, but is perhaps more known for its payroll deduction insurance coverage, which pays cash benefits when a policyholder has a covered accident or illness. The company states it "provides financial protection to more than 50 million people worldwide".[4]

In 2009, Aflac acquired Continental American Insurance Company for $100 million,[5] enabling them to sell supplemental insurance on both the individual and group platforms.[6] As of June 30, 2012, it was represented by approximately 19,300 sales agencies in Japan and 76,900 licensed sales associates in the U.S.[7]

  1. ^ "Our History". Aflac.
  2. ^ "Aflac, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 22, 2024.
  3. ^ "Aflac Profit Rises 20% on Japanese Currency Strength". Bloomberg. April 29, 2009.
  4. ^ "About Aflac". Aflac. Retrieved September 15, 2015.
  5. ^ "Aflac, Form 8-K, Current Report, Filing Date July 29, 2009" (PDF). Aflac. Retrieved December 31, 2012 – via secdatabase.com.
  6. ^ "Aflac Incorporated Announces Second Quarter Results, Declares Third Quarter Dividend, Announces Planned Acquisition of Continental American Insurance Company" (Press release). Aflac. July 29, 2009. Archived from the original on December 28, 2009.
  7. ^ "Aflac, Form 10-Q, Quarterly Report, Filing Date August 3, 2012" (PDF). Aflac. Retrieved January 1, 2013 – via secdatabase.com.