Aflac

1932 Wynnton Road, Columbus, GA 31999

Aflac Inc. is an American insurance company and is the largest provider of supplemental insurance in the United States. The company was founded in 1955 and is based in Columbus, Georgia. In the U.S., Aflac underwrites a wide range of insurance policies, but is perhaps more known for its payroll deduction insurance coverage, which pays cash benefits when a policyholder has a covered accident or illness. The company states it “provides financial protection to more than 50 million people worldwide”. In 2009, Aflac acquired Continental American Insurance Company for $100 million; this enabled Aflac to sell supplemental insurance on both the individual and group platform. As of June 30, 2012, Aflac was represented by approximately 19,300 sales agencies in Japan, and 76,900 licensed sales associates in the U.S.

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4

Overall Excellence Rating

Industry

Insurance Brokers & Agencies

Category

Insurance Carriers

ESG/Ethical Impact

As we embarked on 2020, we at Aflac were eagerly anticipating a year celebrating an array of significant milestones for the company: first, the 65th anniversary of Aflac’s founding; the Aflac Duck’s 20th anniversary; the 25th anniversary of the Aflac Cancer and Blood Disorders Center of Children’s Healthcare of Atlanta; the 38th consecutive year that Aflac Incorporated has increased the annual dividend to our shareholders; and my 30th year as CEO of Aflac Incorporated. What none of us – at Aflac or elsewhere – expected, was to find ourselves in the midst of a global pandemic in the first quarter of the year. But, that became the reality. Through sound risk management, agile planning and acting swiftly, Aflac was well positioned to respond when the unthinkable happened: a seemingly unstoppable global pandemic. We acted swiftly in order to safeguard the health and well- being of our workforce, policyholders and communities in both Japan and the United States because, after all, our greatest commitment to our policyholders lies in our promise to be there for them in their time of need … and in order to do that, we knew we had to act quickly. We ensured business continuity through setting up virtual emergency command centers, initiating work-from-home initiatives, enriching benefits relative to COVID-19, and providing financial support to agents and agencies, as well as our communities. Fortunately, we were prepared as we entered this pandemic in a strong capital liquidity position. At the same time, we were forced to accelerate investments in the growth or our business, balanced by the continuation of capital deployment in the form of share repurchase and dividends. One remarkable achievement we saw in 2020 was the 38th consecutive year of increasing our dividend, and we were proud to be able to continue that long track record even amid the backdrop of a global pandemic.

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Awards Received

2023

Revenues

$19,500,000,000.00

Website Traffic

Employee Rating

3.8

Customer Rating

3.8

Company Size

10000+

ESG Risk Rating

4

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