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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 .
Dan Amos has spent his 34 years as CEO of Aflac selling insurance against illness and death, but there are some endings that all the insurance in the world can’t prevent.
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.
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 ...
In the years after 2013, many insurers did leave specific marketplaces, claiming the risk pools were too small. The median number of insurers per state was 4.0 in 2014, 5.0 in 2015, 4.0 in 2016 and 3.0 in 2017. Five states had one insurer in 2017, 13 had two, 11 had three; the remainder had four or more. [385]
The man behind one of the most famous mascots in advertising history, the Aflac duck, Amos was "a nervous wreck" when the first commercial launched on New Year's Day of 2000.
1996 - establishment of the Dai-ichi Property and Casualty Insurance Co., Ltd. 1997 - establishment of Dai-ichi Life Research Institute Inc. 1999 - agreement on total business cooperation with the Industrial Bank of Japan (now Mizuho Financial Group.) 2000 - agreement to form a comprehensive business alliance with Sompo Japan Insurance and Aflac.
For those familiar with the insurance industry, Aflac's business is immediately familiar. ... For the first six months of the year, the pre-tax operating income of the company's U.S. division was ...