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Aflac Incorporated / ˈ æ f l æ k / (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 .
Today, Dan Amos—who owns 0.5% of the company’s shares and 1.3% of voting shares—has turned his family business into a powerhouse, with more than 12,700 full-time employees globally.
Let's especially start in Japan, where I know your cancer insurance has really been the genesis of how it all began. Amos: Well, let me go back to the World's Fair in Osaka, Japan, in 1970.
When most people hear Aflac , they think of the brilliant marketing campaign featuring a duck that annoyingly quacks the insurance company's name at prospective policyholders. But there's ...
Amos joined Aflac in 1973, working in sales for 10 years, during which time, he was the company's top sales person. He was named president of Aflac in 1983, chief operating officer in 1987, chief executive officer of Aflac Incorporated in 1990(2), and chair in 2001(3). Aflac, a Fortune 500 company, insures more than 50 million people worldwide.
Brighthouse Financial, Inc. is one of the largest providers of annuities and life insurance in the United States, with $219 billion in total assets and approximately 2.6 million insurance policies and annuity contracts in-force (as of March 31, 2018). [2]
Originally known as the American Family Life Assurance Company of Columbus, the company adopted the acronym Aflac in 1989, a year before Amos became CEO, following the death of his uncle, John Amos.
Indeed, Aflac shares were worth about $28 million ($11.78 per share at 2,388,800 shares), but today company shares are worth about $257 million at $85.04 per share—making the Aflac duck a $200 ...