OverviewSuggest Edit

Unum is a company providing financial protection benefits for businesses, employees, and families. It offers disability, life, accident, critical illness, dental and vision insurance as well as claims support, absence management, vocational rehabilitation, and other services.

TypePublic
Founded1848
HQChattanooga, TN, US
Websiteunum.com
Employee Ratings3.8
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2020)10,300
Job Openings180
Revenue (FY, 2020)$13.2 B(+10%)
Share Price (Sept 2021)$26
Cybersecurity ratingAMore

Key People/Management at Unum

Richard P. McKenney

Richard P. McKenney

President and Chief Executive Officer, Director
Puneet Bhasin

Puneet Bhasin

Executive Vice President, Chief Information and Digital Officer
Michael Q. Simonds

Michael Q. Simonds

Executive Vice President, Chief Operating Officer
Martha D. Leiper

Martha D. Leiper

Executive Vice President, Chief Investment Officer
Steven A. Zabel

Steven A. Zabel

Executive Vice President, Chief Financial Officer
Laura Kilmartin

Laura Kilmartin

Assistant Vice President, Government Affairs
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Unum Office Locations

Unum has offices in Chattanooga, Atlanta, Austin, Boston and in 38 other locations
Chattanooga, TN, US (HQ)
1 Fountain Square
Atlanta, GA, US
6 Concourse Pkwy #2700
Austin, TX, US
816 Congress Ave #1680
Boston, MA, US
125 Summer St #2000
Charlotte, NC, US
6100 Fairview Rd #750
Chicago, IL, US
500 W Monroe St
Show all (45)

Unum Financials and Metrics

Unum Revenue

Unum's revenue was reported to be $13.16 b in FY, 2020 which is a 9.7% increase from the previous period.
USD

Revenue (Q1, 2021)

3.1b

Net income (Q1, 2021)

153.0m

Market capitalization (15-Sept-2021)

5.3b

Closing stock price (15-Sept-2021)

26.0

Cash (31-Mar-2021)

561.8m

EV

8.1b
Unum's current market capitalization is $5.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

11.6b12.0b13.2b

Revenue growth, %

3%3%10%

General and administrative expense

885.9m898.3m953.2m

Operating expense total

1.8b1.8b1.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

3.0b3.0b3.0b2.9b3.0b3.0b3.1b

General and administrative expense

226.5m223.9m226.5m239.5m233.2m253.3m236.9m

Operating expense total

506.5m496.4m454.2m475.1m489.5m485.6m481.9m

EBIT

395.4m394.6m345.5m
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

94.0m84.1m197.0m

Accounts Receivable

1.6b1.6b1.5b

PP&E

546.9m534.1m498.0m

Goodwill

350.3m351.7m353.0m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

523.4m1.1b793.0m

Depreciation and Amortization

101.4m110.1m113.6m

Cash From Operating Activities

1.5b1.7b597.5m

Purchases of PP&E

(144.1m)(150.9m)(119.1m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

280.9m562.1m804.1m161.0m426.5m657.6m153.0m

Depreciation and Amortization

27.4m54.9m82.6m28.5m55.8m85.6m29.3m

Cash From Operating Activities

516.8m942.7m1.3b219.9m852.4m1.3b(162.0m)

Purchases of PP&E

(28.1m)(64.9m)(107.5m)(39.1m)(77.5m)(99.5m)(30.9m)
USDFY, 2018

EV/EBIT

11.5 x

EV/CFO

6 x

Revenue/Employee

1.2m

Debt/Equity

0.3 x

Financial Leverage

7.2 x

P/E Ratio

12.3
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Unum Operating Metrics

Unum's Customers was reported to be 36 m in Sep, 2018.
FY, 2017FY, 2018Sep, 2018FY, 2019

Agents

193 k

Customers

36 m

New Claims

625 k671.7 k

Office Space Leased, sq. ft.

800 k900 k900 k
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Unum Acquisitions / Subsidiaries

Company NameDateDeal Size
LeaveLogicMarch 12, 2019
Pramerica Życie TUiR SAJanuary 23, 2018
H&J CapitalApril 04, 2016
National Dental Plan LimitedAugust 10, 2015$31.7 m
Paul Revere Corp.March 27, 1997
AlwaysCare Benefits, Inc.
Claims Services International Limited
Colonial Life & Accident Insurance Company
Duncanson & Holt Canada Ltd.
Duncanson & Holt Europe Ltd.
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Unum Revenue Breakdown

Embed Graph

Unum revenue breakdown by business segment: 6.3% from Unum International, 57.6% from Unum US, 20.3% from Closed Block, 15.6% from Colonial Life and 0.1% from Other

Human Capital Metrics

Source: craft.co
Embed Graph
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Unum Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Unum Online and Social Media Presence

Embed Graph

Unum Company Culture

  • Overall Culture

    C-

    63/100

  • CEO Rating

    B+

    73/100

  • Compensation

    D

    49/100

Learn more on Comparably

Unum News and Updates

Mitch Landrieu's E Pluribus Unum Accepting Applications for UNUM Fellows Program

NEW ORLEANS, Aug. 18, 2021 /PRNewswire/ -- E Pluribus Unum (EPU), founded in 2018 by former New Orleans Mayor Mitch Landrieu, released the application for the 2021 cohort of UNUM Fellows for state legislators from across the South. The organization's signature leadership initiative equips...

Unum Group's Board of Directors Votes to Increase Common Stock Dividend by 5.3%

CHATTANOOGA, Tenn., May 27, 2021 /PRNewswire/ -- Unum Group (NYSE:UNM) announced today its Board of Directors has authorized an increase of 5.3% in the quarterly dividend paid on its common stock. The new rate of 30.0 cents per common share, or $1.20 per share on an annual basis, will be...

Unum Ranks Among World's Most Ethical Companies

CHATTANOOGA, Tenn., Feb. 23, 2021 /PRNewswire/ -- Employee benefits provider Unum (NYSE: UNM) is one of the World's Most Ethical Companies for its "unwavering commitment to business integrity." The recognition was made by The Ethisphere® Institute, a non-profit that defines and measures...

2021 History Forum Takes on E Pluribus Unum in Series of Virtual Lectures by Americas Preeminent Historians

Jessica Kohen, 651-259-3148, jessica.kohen@mnhs.org or Julianna Olsen, 651-259-3140, julianna.olsen@mnhs.orgread more

Huntsman, Unum And 8 Other Attractive Contrarian Stock Buys

Contrarianism is the belief that the best way to make money in the stock market is to go against the crowd. Here are ten cheap stocks worth considering.

SOTIO Acquires Rights to BOXR CAR-T Platform and Products from Unum Therapeutics

PRAGUE, Czech Republic and CAMBRIDGE, Mass., Aug. 31, 2020 (GLOBE NEWSWIRE) -- SOTIO, a clinical stage immuno-oncology company owned by PPF Group, today announced that it has acquired the rights to Unum Therapeutics’ (Nasdaq: UMRX) BOXR cell therapy platform and BOXR lead programs to develop novel…
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Unum Blogs

Ace your open enrollment at work this fall

Cool weather, trick-or-treats and pumpkin spice lattes are great reasons to look forward to fall. But there’s another important annual event that typically comes after summer: open enrollment at work. It’s a limited period when you’re allowed to sign up for or change your employee benefits, such as …

Unum employees conquer alpine challenge for Child Bereavement UK

A team of 20 employees from our Unum UK office came together to climb three mountains, in three countries, in three days, to raise money for our U.K. charity partner, Child Bereavement UK. Between them they raised more than £45,000. Each member of the team had their own very personal reasons for tak…

Are you following these 5 email etiquette rules?

It’s hard to believe email dates back more than 50 years. For something that’s been around as long as email, the fact that we don’t have universal guidelines for using it is amazing. And that would be okay, except we get a lot of email. It’s estimated last year we sent close to 270 million […] The p…

Creating good passwords and keeping them secure

You just took the cutest picture of your cat, Julie, and can’t wait to share it with your friends and family on Facebook. But is your Facebook password “Ju1i3theC@t” and your Twitter password “Ju1i3theC@t123” … or is it the other way around? It’s been thought for years that the strongest passwords w…

7 financial tips for new parents

If you’re a new parent, chances are there’s a lot keeping you awake at night. Besides a crying baby, your finances may also need some dire attention. Raising kids is expensive, and starting a family means you’ll likely have new financial issues to face. Becoming a parent is the perfect time to accom…

5 tips for sending emails that get a (good!) response

This will come as no surprise to anyone, but we send a lot of email. According to Statista.com, it’s estimated more than 280 billion emails will be sent this year. And that number is expected to increase to 333 billion by the year 2022. These statistics simply mean we need to be effective at sending…
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Unum Frequently Asked Questions

  • When was Unum founded?

    Unum was founded in 1848.

  • Who are Unum key executives?

    Unum's key executives are Richard P. McKenney, Puneet Bhasin and Michael Q. Simonds.

  • How many employees does Unum have?

    Unum has 10,300 employees.

  • What is Unum revenue?

    Latest Unum annual revenue is $13.2 b.

  • What is Unum revenue per employee?

    Latest Unum revenue per employee is $1.3 m.

  • Who are Unum competitors?

    Competitors of Unum include Assurant, Principal Financial Group and Mutual of Omaha.

  • Where is Unum headquarters?

    Unum headquarters is located at 1 Fountain Square, Chattanooga.

  • Where are Unum offices?

    Unum has offices in Chattanooga, Atlanta, Austin, Boston and in 38 other locations.

  • How many offices does Unum have?

    Unum has 45 offices.