About Aflac
Aflac is a company based in Columbus (United States) founded in 1955.. The company has 12,690 employees as of December 31, 2024. Aflac has completed 1 acquisition, including HealthMarkets. Aflac offers products and services including Accident Insurance, Cancer Insurance, Critical Illness Insurance, and Dental Insurance. Aflac operates in a competitive market with competitors including MetLife, Allstate, Progressive Insurance, AIG and Max Life Insurance, among others.
- Headquarter Columbus, United States
- Employees 12690 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Aflac Incorporated
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Annual Revenue
$18.93 B1.21as on Dec 31, 2024
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Net Profit
$5.44 B16.83as on Dec 31, 2024
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EBITDA
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Latest Funding Round
$550 M (USD), Debt – Conventional
Oct 29, 2018
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Investors
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Employee Count
12690
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Aflac
Aflac is a publicly listed company on the NYSE with ticker symbol AFL in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Aflac
Aflac offers a comprehensive portfolio of products and services, including Accident Insurance, Cancer Insurance, Critical Illness Insurance, and Dental Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Covers costs for emergency treatments related to accidents.
Provides financial support for cancer diagnosis and treatment expenses.
Assists with costs of treating serious illnesses like heart disease.
Offers coverage for routine and unexpected dental care needs.
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Sales and Marketing
73 people
Leadership Team
71 people
Software Development Team
55 people
Senior Team
15 people
Finance and Accounting
15 people
Human Resources and Administration
11 people
Operations Team
11 people
Product Management Team
9 people
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Funding Insights of Aflac
- Total Funding Total Funding
- Total Rounds 6
- Last Round Debt – Conventional — $550.0M
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First Round
First Round
(01 Sep 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2018 | Amount | Debt – Conventional - Aflac | Valuation |
investors |
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| Jun, 2018 | Amount | Debt – Conventional - Aflac | Valuation |
investors |
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| Jun, 2017 | Amount | Debt – Conventional - Aflac | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Aflac
Aflac has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HealthMarkets. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of health insurance and medicare plans for individuals, families, seniors, and small businesses
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Aflac
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aflac Comparisons
Competitors of Aflac
Aflac operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MetLife, Allstate, Progressive Insurance, AIG and Max Life Insurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Internet-based life, health, auto, home, and pet insurance is offered.
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| domain | founded_year | HQ Location |
Online insurance for life, property, auto, and business is provided.
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| domain | founded_year | HQ Location |
Auto, home, life, health, and business insurance is provided online.
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| domain | founded_year | HQ Location |
AIG is recognized as a leading global insurance organization.
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| domain | founded_year | HQ Location |
Life insurance plans and policies are offered for protection.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aflac
Frequently Asked Questions about Aflac
When was Aflac founded?
Aflac was founded in 1955 and raised its 1st funding round 57 years after it was founded.
Where is Aflac located?
Aflac is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.
Who is the current CEO of Aflac?
Dan Amos is the current CEO of Aflac.
How many employees does Aflac have?
As of Dec 31, 2024, the latest employee count at Aflac is 12,690.
What is the annual revenue of Aflac?
Annual revenue of Aflac is $18.93B as on Dec 31, 2024.
What does Aflac do?
Founded in 1955 and headquartered in Columbus, United States, Aflac operates in the insurance sector. Various policies are offered, including accident, cancer, critical illness, dental, short-term disability, vision, hospital, and life coverage. Services target individuals, brokers, and businesses. In 2022, annual revenues of 19.5 billion were recorded, alongside a net profit of 4.2 billion.
Who are the top competitors of Aflac?
Aflac's top competitors include Allstate, MetLife and Progressive Insurance.
What products or services does Aflac offer?
Aflac offers Accident Insurance, Cancer Insurance, Critical Illness Insurance, and Dental Insurance.
Is Aflac publicly traded?
Yes, Aflac is publicly traded on NYSE under the ticker symbol AFL.
How many acquisitions has Aflac made?
Aflac has made 1 acquisition, including HealthMarkets.
What is Aflac's ticker symbol?
The ticker symbol of Aflac is AFL on NYSE.
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