Unum Limited · Dorking, Surrey England
Company Description
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E pluribus unum is an apt phrase for describing this company. Unum Limited, which operates as UnumProvident , provides short- and long-term income protection or disability insurance to more than 2 million people in the UK. UnumProvident is the leading UK provider of group income protection and also offers critical illness insurance, as well as executive-income replacement insurance. The company's insurance products cover both employer groups and individuals. Founded in 1970 as N.E.L. Permanent Health Insurances Limited (a subsidiary of Surrey-based life insurer NEL), in 1990 Unum Limited became a subsidiary of US-based Unum Corporation (now UnumProvident Corporation ) after Unum acquired NEL. To read the full description, subscribe now.
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Key Unum Limited Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $496.0 |
| Employees | 861 |
Unum Limited Executives
13 executives listed for Unum Limited's Dorking, Surrey location.
| Title | Name & Bio | Contact |
| Chairman | Thomas Watjen | Network |
| CEO and Director | Susan Ring | Network |
| CFO and Director | Martin Moule | Network |
Competition
Competitive Landscape for Unum Limited
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Unum Limited Competitors
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