Tuesday, 8 September 2015

Aflac Incorporated

Aflac Incorporated


     Aflac Incorporated (American Family Life Assurance Company) is an American insurance company and is the largest provider of supplemental insurance in the United States, founded in 1955 and 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 insures "one of four Japanese households" and is "the largest life insurer in Japan in terms of individual insurance policies in force".




     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.

Aflac U.S. Services


Aflac is the No. 1 provider of voluntary insurance at the work site in the United States.


Income-Loss Protection


Short-Term Disability**
Life (term, whole)***

Asset-Loss Protection


Accident***
Cancer**
Critical Illness***
Hospital Intensive Care**

Supplemental Medical

  • Hospital Indemnity***
  • Dental***
  • Vision**
*Source: Eastbridge Consulting Group, Inc. U.S. Worksite/Voluntary Sales Report. Carrier Results for 2012. Avon, CT: April 2013**Available as individual product only***Available in both individual and group products. Benefits of group and individual products may vary.

Affirmative Insurance

Affirmative Insurance

     Affirmative Insurance Holdings, Inc. provides individual consumers non-standard personal automobile insurance policies and other related products through its subsidiaries, independent agents and unaffiliated underwriting agencies in the United States. The company offers liability-only policies including bodily injury liability coverage, property damage liability coverage, personal injury protection coverage and medical payment coverage. It also offers full coverage policies including collision coverage, comprehensive coverage and so on.



History of Affirmative Insurance


  • In 1998, the company founded in Addison, Texas as Instant Insurance Holdings, Inc.
  • In 2003, the company completed the acquisition of two non-standard automobile insurance companies from Vesta Insurance Group, Inc.
  • In 2004, the company completed the Initial Public Offering.
  • In 2007, the company completed the acquisition of USAgencies, a provider of non-standard automobile insurance.
  • In 2013, Confie Seguros, a rapidly growing national provider of personal lines insurance signed an agreement to acquire the retail distribution arm of Affirmative Insurance Holdings, Inc.

Aetna Insurance

Aetna Inc. Insurance


Aetna, Inc. /ˈɛtnə/ is an American managed health care company, which sells traditional and consumer directed health care insurance plans and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans. Aetna is a member of the Fortune 100.


Aetna membership facts:


We proudly serve*

23.7 million medical members
Approximately 15.6 million dental members
Approximately 15.3 million pharmacy benefit management services members
Aetna health care network facts:

Our network stretches across the country and across much of the globe:

More than 1.1 million health care professionals
More than 675,000 primary care doctors and specialists
5,647 hospitals
*information as of June 30, 2015

Aetna product and program facts:


We offer:

  • A range of insurance and employee benefits products.
  • Programs and services that help control rising costs while striving to improve the quality of health care.
  • Tools and information to help people make better-informed decisions about their health care and financial well-being Revenue and leadership facts.


Corporate Headquarters
151 Farmington Avenue
Hartford, CT 06156-3475
860-273-0123

Chairman and Chief Executive Officer
Mark T. Bertolini

Employees
About 50,100

2014 Revenue

Approximately $58 billion

Ace Limited

ACE Limited


     ACE Limited, incorporated in Zurich, Switzerland, is the parent company of the ACE Group, A global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance. ACE operates in 54 countries and territories and in the Lloyd's insurance market in London. Clients of the ACE Group consist of multinational corporations and local businesses, individuals, and insurers seeking reinsurance coverage.



     In 2014, the group had $98.2 billion in assets, $23.4 billion of gross written premiums and approximately 21,000 employees. ACE trades on the NYSE and is a component of the S&P 500 index. Its core operating insurance companies are rated "AA" (Very Strong) for financial strength by Standard & Poor's and "A++" (Superior) by A. M. Best with stable outlooks from both agencies. Fitch rates ACE Limited and its subsidiaries "AA" (Very Strong) for financial strength, "AA-" for issuer default and "A+" for senior debt. Moody's rates the U.S. companies "A1" and the unsecured loan notes "A3".

    On July 1, 2015, ACE announced that it will acquire Chubb Corporation for $28.3 billion in cash and stock.
    ACE has committed that Chubb's current headquarters in Warren, NJ will have a substantial portion of the headquarters function for the combined company's North American Division. Importantly, the combined company will adopt the Chubb name. Until the completion of the transaction expected in the first quarter of 2016, it is business as usual, and both Chubb and ACE will continue to operate as separate and competing companies.

Products


ACE Group provides a broad array of offerings directly to you or through sponsors in select regions of the world:


  • Accidental death insurance
  • Automobile insurance
  • Coverage for laptop computers, mobile phones adnd other small electronics
  • Identity theft protection
  • Income protection
  • Life insurance protection and savings products
  • Prescription drug
  • Recreational marine
  • Personal accident and sickness insurance to help pay expenses if income is lost as a result of an accident or illness
  • Supplemental medical insurance
  • Medicare supplemental insurance
  • Traditional life insurance protection and investment and savings products
  • Travel accident and vacation insurance
  • Residential products to cover your home and personal belongings including a house, apartment and/or condominium, and personal liability for property owners, landlords and tenants

Acuity Insurance

Acuity Insurance


     Acuity Insurance is an insurance company Deals in all kind of Insurance Products with headquarters in Sheboygan, Wisconsin. ACUITY operates in 24 states, generates over $1.2 billion in revenue through 1,000 independent agencies, manages over $3.5 billion in assets, and employs over 1,200 people. ACUITY is rated A+ (Superior) by A.M. Best and also receives an A+ rating from Standard and Poor's.


Awards

July 15, 2015

     ACUITY is ranked #5 on Fortune Magazine’s inaugural list of the 100 Best Workplaces for Millennials. Fortune and Great Place to Work published the first-ever ranking of the best workplaces for millennial workers—a list of 100 employers that scored the highest among workers under the age of 35.

“Great workplaces are constantly monitoring and analyzing their employees’ workplace experiences and then taking action to improve them. Ranking on this list is a great indicator that ACUITY’s efforts to create great workplaces are resonating with millennials,” said Michael Bush, CEO of Great Place to Work United States.


August 4, 2015

     ACUITY announced that it is named to the 2015 list of Super Regional Property-Casualty (P&C) Insurers, an annual ranking prepared by the Insurance Journal and research firm Demotech of the leading multi-state P&C carriers in the nation. Of the nearly 3,000 property and casualty carriers nationwide, ACUITY was ranked in the top 26. Only 1% of all companies obtain that status.

     In an effort to create an industry-wide, objective definition for super regional carriers, the Insurance Journal and Demotech created a standardized classification system. According to Demotech, "Super regional insurers are critically important to the insurance industry, and of particular importance to their agents, producers, and insureds. These companies are typically strong, stable markets that work hard for their agents, insureds, and their reinsurers."

21st Century Insurance

21st Century Insurance


     21st Century Insurance is basically an auto insurance company but Now Dealing almost all kind of Insurance Products and is wholly owned by the Farmers Insurance Group of Companies®. They are headquartered in Wilmington, Delaware, and provide private passenger auto insurance in 48 states and the District of Columbia.

     Wouldn't it be great if you could meet all your insurance needs from a trusted group of insurers? At 21st Century Insurance, we've teamed up with some of the best insurance companies in America to offer you everything from homeowners to personal umbrella liability policies to motorcycle and watercraft insurance, and more. This way you get a trusted name that specializes in a particular type of insurance along with access to experienced insurance professionals. If you've got an insurance need, chances are we've got the solution.


Main Products of 21st Century Insurance Company



1.   Homeowners Insurance

         Homeowners Insurance Offers attractively priced coverage for a range of 

         homeowner's exposures.


2.   Renters Insurance 


         Renters Insurance Help protect your possessions with renters insurance from the 21st 

         Century Insurance Homeowners Insurance Program.


         With over 50 years of experience, the leading insurer of mobile homes can help 

         provide protection and security for your property.


        Offers coverage for a variety of homes like non-standard, vacant, seasonal and 

         landlord and rental.



        Did you know that most property insurance policies do not cover flood losses?.


        How would you feel knowing that you are covered for major repairs to your 

        automobile?


       Whether you use your motorcycle on the weekend or everyday, we offer policies to fit      
       your needs.



       Let us help protect your treasured possession.


       Learn about the standard and optional coverages available to you.


       Offers added liability protection above and beyond the limits on your homeowners, 

       auto, and watercraft personal insurance.



       Get an extra measure of protection on the water.


       Learn the usefulness of term life insurance and why it can be a wise choice.

What is Insurance

What is Insurance


What is Insurance

Actual definition of Insurance is Risk Transfer Mechanism. 

       In simple words A person Transfer his Risk to the Insurance Company against Money. Insurance Company is Selling Insurance Products. When A person Buy the Insurance from any Company then he is Bound to pay the Premium (Monthly or Annually Payments) to Company and Insurance Company Provide him Coverage against money. for Example if Some one Purchased $10,000/- Annual Insurance Plan for the 10 years from Company A then he is bound to pay $10,000/- every Year in the Same Month in the form of Premium to the Company A. Now he is Insured for 10 years. If he pay some Premiums for Example 1 or 2 or 3 etc and If he died Naturally or Accidentally then his family get paid for his Insurance Claim. If Life Assured Complete his Plan till Maturity (Completion of Plan) then Company will Pay handsome Amount to the Life Assured.

Claims

       There are two types of Claim Insurance Company will have to pay the Family of Insured Person.

  1. In case of Natural Death Insurance Company will have to Pay Almost $100,000/- (may be More) to the Family (Nominee) of Insured Person.
  2. In case of Accidental Death Company will Pay the almost the Double Amount Almost $200,000/- Because %100,000/- for Life Cover and $100,000/- for Accidental Cover. 

Riders

   Insurance Companies Provide many kind of Extra benifits and these benifits are called Riders. Some Riders are Built in the Insurance  Plan and which are free of Cost and Some Riders are Optional Riders and we have to buy these Riders. mentioned below are the Details for Riders.


  1. Accidental Death

   In Some Insurance Plans Accidental Death Rider is Builtin and in Some Insurance Plans Accidental Death Rider is Optional and will have to Purchase. Accidental Death Rider has its own Cover Sum and its normally Calculated Premium X 10. for Example If a person Purchased $10,000/- Annually Plan then his Accidental Cover will be Almost $100,000/-.

    2. Income Benifit or Family Income Benift

   Family income benifit or Income Benifit is normally optional Rider available to Purchased for some Annually Fees by the Life Assured. In this Rider at Death of the Life Assured Insurance Company will have to Pay Some Handsome Amount to the Family (Nominee) of Life Assured from Death of 
the Life Assured till Maturity (Completion of the Insurance Plan).

   3. Health Care Benifit

   Health Care Benifit is also Optional Rider. In Health Care Benifit Insurance Company Covers many Critical Diseases. Insurance Compnay will Provide Treatment of Subjected or covered Diseases. Insurance Company assigned some Big Hospitals for the Treatment and Life Assured have the right to get best treatment from mentioned Hospitals.

   4. Waiver of Premium

   Waiver of Premium is also optional Rider and in Some Plans Waiver of Premium is Built in Feature. If Life Assured opt Waiver of Premium Rider then In Case of Critical Illness or Disability of Life Assured Insurance Company will Waived of his Annual Premium (Company will Pay) till he will be Cured and Life Assured is Ready for his Job or Work.

Mentioned Above are Main Riders and Features of Insurance Plan of Almost all Insurance Companies. Some Insurance Companies have more Riders to Attract the Costumers.