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Headquarters:
1932 Wynnton Road Website: http://www.aflac.com AFLAC is the leading provider of supplemental insurance, which provides help with expenses not covered by your major medical plan. The company is the number one provider of guaranteed-renewable insurance in the United States and Japan. Its products provide protection to more than 40 million people and go beyond traditional insurance by directly paying claimants with cash benefits. The company is best known for its many TV commercials featuring a duck. The voice behind the duck is comedian Gilbert Gottfried. AFLAC has 74,300 licensed agents and is the top insurance company in Japan based on total policies in force. AFLAC offers insurance policies to more than 427,700 U.S. payroll groups. In 2009, total revenues were $18.2 billion, a 10.3% increase, and net income was $1.49 billion. Chairman and Chief Executive Officer Daniel Amos said: “Despite the discouraging economic backdrop during 2009, Aflac emerged with a very solid year from a financial perspective. Growth of operating earnings per diluted share was in line with our goal of a 13% to 15% increase before the impact of foreign currency. In fact, 2009 was the 20th consecutive year in which we’ve met our earnings objective. We generated significant growth during that 20-year period, reflecting the strength of our insurance operations." AFLAC has total assets of $84.1 billion. History AFLAC is short for the American Family Life Insurance Company. It was founded on November 17, 1955 by three brothers, John, Paul, and Bill Amos. In its first year of operations, Aflac had 6,426 policyholders and $388,000 in assets. Aflac introduced one of the world's first cancer expense insurance policies in 1958. Since the 1980s, Aflac has added coverage offerings such as accident/disability, short-term disability, hospital intensive care, hospital confinement indemnity, long-term care, specified health event, life, and dental. Benefits AFLAC offers an open-door management philosophy, excellent benefits, competitive salaries, award-winning training and development classes along with advancement opportunities. The company has the largest on-site child-care facilities in Georgia: Imagination Station and Imagination Station Too. Together, the facilities have capacity for 540 children. AFLAC was named one of the 100 Best Companies to Work For by Fortune magazine for the 12th year in a row. Updated February 3, 2010
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