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Aflac Brief

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Submitted By scyjordan
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AFLAC
Part 1 a. Info (Brief, few paragraphs)
Aflac is different from health insurance; it's insurance for daily living. They pay for doctors and hospitals in case of a major event occurring. It pays cash benefits to help with daily costs when injured or sick. This help benefits you in that it directly helps your family and you with those unforeseen costs, even if you have another insurance coverage. Aflac pays you benefits even when you're healthy.
Having a range of products to fit most budgets makes Aflac affordable.

http://www.aflac.com/individuals/aflacts.aspx http://www.aflac.com/aboutaflac/corporateoverview/missionandvalues.aspx http://www.aflac.com/aboutaflac/pressroom/pressreleasestory.aspx?rid=633

b. Competition
Aflac has several companies that offer similar benefits that compete with them. Allstate is the largest competitor. Colonial Insurance Company is another disability insurance provider which competes. The best thing about Aflac is it offers more options than others, such as hospital indemnity options. The main competition is in accidents, having cancer, and dealing with cardiac problems for benefits. http://www.answers.com/Q/Who_are_the_main_competitors_of_AFLAC_Inc Part 2 a. Market Share
Market cap at 27.1B in U.S. Currency http://investors.aflac.com/financial-analyst-briefing-material b. Developments
Aflac has over 1700 agents working for them.

c. Goals
Aflac is big on Smartgreen and is committed to maintaining and improving the environment through its Smartgreen initiative. Their goals include continuously educating Aflac employees about protecting and conserving the environment.
Aflac SmartGreen Accomplishments

Newsweek Magazine

Newsweek magazine honored Aflac in 2012 by once again including us in its Green Rankings of America's Largest 500 Companies. Aflac has moved up 165 spots from its initial 2012 ranking of 234 to No. 69 overall and is ranked No. 7 in the Environmental Impact category. Newsweek Magazine, "Green Rankings 2012," October 22, 2012.
http://www.aflac.com/aboutaflac/smartgreen/aflac_smartgreen_accomplishments.aspx

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