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
Overall CultureC

Latest Updates

Employees (est.) (Dec 2019)10,300(+8%)
Job Openings1
Revenue (FY, 2020)$13.2 B(+10%)
Share Price (Mar 2021)$27.2 (+3%)
Cybersecurity ratingBMore

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
Show more

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
USD

Revenue (FY, 2020)

13.2b

Gross profit (FY, 2020)

4.2b

Gross profit margin (FY, 2020), %

31.8%

Net income (FY, 2020)

1.1b

Market capitalization (1-Mar-2021)

5.5b

Closing stock price (1-Mar-2021)

27.2
Unum's current market capitalization is $5.5 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

11.0b11.3b11.6b12.0b13.2b

Revenue growth, %

3%2%3%3%

Cost of goods sold

9.0b

Gross profit

4.2b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.8b2.8b2.8b2.9b2.9b2.9b3.0b3.0b3.0b2.9b3.0b3.0b

Cost of goods sold

1.9b1.9b1.9b

Gross profit

1.0b1.1b1.1b

Gross profit Margin, %

35%38%37%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

931.4m994.2m523.4m1.1b

Depreciation and Amortization

101.7m103.4m101.4m110.1m113.6m

Cash From Operating Activities

1.1b1.2b1.5b1.7b597.5m

Purchases of PP&E

(85.0m)(105.3m)(144.1m)(150.9m)(119.1m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

229.9m475.0m727.3m273.5m559.0m274.3m280.9m562.1m804.1m426.5m657.6m

Depreciation and Amortization

26.5m53.4m78.4m24.6m49.5m74.9m27.4m54.9m82.6m28.5m55.8m85.6m

Cash From Operating Activities

310.2m649.3m876.6m299.9m696.2m1.1b516.8m942.7m1.3b219.9m852.4m1.3b

Purchases of PP&E

(27.3m)(47.8m)(64.7m)(100.2m)59.6m(95.6m)(28.1m)(64.9m)(107.5m)(39.1m)(77.5m)(99.5m)
USDFY, 2016

Revenue/Employee

1.2m

Debt/Equity

0.3 x

Financial Leverage

6.9 x
Show all financial metrics

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 k671.70 k

Office Space Leased, square feet

800 k900 k900 k
Show all operating metrics

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$31.70 m
Paul Revere Corp.March 27, 1997
AlwaysCare Benefits, Inc.
Claims Assistance (UK) Limited
Claims Services International Limited
Colonial Life & Accident Insurance Company
Duncanson & Holt Canada Ltd.
Show more

Unum Revenue Breakdown

Embed Graph

Unum revenue breakdown by business segment: 6.3% from Unum International, 57.4% from Unum US, 20.9% from Closed Block, 15.3% from Colonial Life and 0.2% from Other

Unum Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Unum Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub 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

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.

Thinking about buying stock in Unum Therapeutics, Omeros Corp, Workhorse Group, Norwegian Cruise Line, or Delta Air Lines?

NEW YORK, Aug. 31, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for UMRX, OMER, WKHS, NCLH, and DAL. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Unum Therapeutics Transfers BOXR Cell-Based Therapy Technology to SOTIO

CAMBRIDGE, Mass., Aug. 31, 2020 /PRNewswire/ -- Unum Therapeutics Inc. (Nasdaq: UMRX), a biopharmaceutical company focused on developing novel, best-in-class precision kinase inhibitors for a range of patients living with cancer and other unmet medical needs, announced today the sale of...

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…
Show more

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…
Show more

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.