Unum Group (NYSE:UNM) (NYSE: UNM) is a leading provider of employee benefits in the United States and selected international markets, specializing in disability, life, accident and critical illness insurance. Through both fully insured and self-funded arrangements, the company offers group coverage designed to protect income and mitigate financial hardship for employees and their families. Its portfolio includes short-term and long-term disability plans, group life and accidental death & dismemberment (AD&D) policies, as well as critical illness and hospital indemnity products.
In addition to its core product lines, Unum Group markets voluntary benefits under its Colonial Life brand, allowing employees to purchase supplemental insurance such as accident, cancer, and dental coverage directly through payroll deductions. The company also provides absence management services that combine leave administration, return-to-work programs and workplace accommodation solutions to help employers manage workforce health and productivity.
Founded in 1848 and headquartered in Chattanooga, Tennessee, Unum has grown through a combination of organic expansion and strategic acquisitions. The company operates in the United Kingdom, Ireland and Germany, where it delivers workplace benefits and personal insurance products tailored to regional market needs. Unum serves millions of customers globally, with a network of distribution partners that includes brokers, consultants and direct-to-employer sales teams.
Since January 2015, Richard P. McKenney has served as President and Chief Executive Officer, guiding Unum’s focus on digital innovation, customer experience and disciplined underwriting. Under his leadership, the company has invested in data analytics and mobile technologies to streamline claims processing and enhance service delivery for policyholders and business clients alike.
