Aflac IncorporatedColumbus, GA, United States (NYSE: AFL)

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Aflac Company Description

Aflac's clients may not welcome accidents and illness any more than a visit from Gilbert Gottfried, but at least their coverage will keep them from financial ruin. Aflac (whose popular ads feature a valiant duck voiced by comedian Gottfried) sells supplemental health and life insurance policies that cover special conditions, primarily cancer. It is one of the largest sellers of supplemental insurance in the US and is an industry leader in Japan's cancer-insurance market (with 14 million policies in force). Aflac, which is marketed through and is an acronym for American Family Life Assurance Company, sells policies that pay cash benefits for hospital confinement, emergency treatment, and medical appliances.

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The Company Description provides a historical perspective of Aflac's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Aflac's evolution in the marketplace.

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