Aflac, Inc. (American Family Life Assurance Company) history, profile and corporate video
Aflac, Inc. (American Family Life Assurance Company) is an American insurance company headquartered in Columbus, Georgia, U.S. It was founded in 1955 as American Family Life Insurance Company of Columbus by John Amos and his brothers Paul and Bill Amos, who saw a need for financial protection when a medical situation occurs.
In 1964, the company changed its name to the American Family Life Assurance Company of Columbus, and in 1989 the company adopted the acronym “Aflac.”
The company does business in two of the largest insurance markets in the world, the United States and Japan, and offers several types of insurance products, including the following:
- Accident Insurance
- Cancer Insurance
- Critical Illness Insurance
- Life Insurance
- Hospital Insurance
- Short-Term Disability Insurance
- Dental Insurance
- Vision Insurance
With more than 11 000 employees and more than 50 million clients worldwide, Aflac Inc. is considered one of the largest providers of guaranteed-renewable insurance and one of the largest providers of supplemental insurance in the U.S. It is also considered one of the largest insurance company overall in Japan, when measured by individual insurance policies in force.
According to Fortune Magazine, the company appeared on Fortune’s America’s Most Admired Companies, as well in the Fortune 500 list of largest United States corporations by revenue. According to Forbes, it is considered one of the top 2000 largest public companies in the world.
*Information from Forbes.com, Wikipedia.org, and ”www.aflac.com”.
**Video published on YouTube by “Aflac“.
