Navigation Links
Colonial Life Number Two in Worksite Sales

COLUMBIA, S.C., July 7 /PRNewswire/ -- Colonial Life & Accident Insurance Company is the nation's second-largest seller of employee benefits at the workplace, according to Eastbridge Consulting Group's 2007 U.S. Worksite Sales Report.

(Logo: )

Colonial Life ranked second on the annual study's list of 2007 worksite companies with new sales premium of $334.9 million last year, worth a market share of 7.2 percent.

"Colonial Life has been an industry leader for nearly 70 years," said Randall C. Horn, the company's president and chief executive officer. "These results show our customers and partners continue to value our proven expertise as a company that can help make their benefits count."

Colonial Life passed the $1 billion mark in inforce premium for the first time last year. The company's inforce premium grew by 6.8 percent to $1.03 billion, ranking it fourth among worksite carriers.

Other top national worksite sales rankings for Colonial Life from the Eastbridge report included:

-- Number 2 in short-term disability

-- Number 2 in accident

-- Number 2 in cancer

-- Number 3 in critical illness

-- Number 3 in universal and whole life

The study also estimated total worksite sales last year at just over $5 billion, an increase of almost 8 percent over 2006. The top 15 companies in worksite sales accounted for more than three-fourths of the market and saw average sales growth of 10 percent last year.

About Colonial Life

Colonial Life & Accident Insurance Company is a market leader in providing insurance benefits for employees and their families through their workplace, along with individual benefits education, advanced yet simple-to-use enrollment technology and quality personal service.

Colonial Life offers disability, life and supplemental accident and health insurance policies in 49 states, the District of Columbia and Puerto Rico. Similar policies, if approved, are underwritten in New York by a Colonial Life affiliate, The Paul Revere Life Insurance Company. Colonial Life is based in Columbia, S.C., and is a subsidiary of Unum Group.

For more information about Colonial Life's products and services or opportunities with the company, call (803) 798-7000 or visit .

SOURCE Colonial Life
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Support Numbers for Colonial Life & Accident Insurance Company Customers Affected by Floods
2. Colonial Life Goes One On One With ESPN
3. New Colonial Life Brand Clarifies Companys Strengths
4. AIDS Walk San Francisco Boosts Number of Teams and Benefiting Agencies
5. Number of People With Diabetes Increases to 24 Million
6. Tracking Top Number in Blood Pressure May Be Enough
7. The Childrens Hospital of Philadelphia Ranks Number One in U.S. News & World Reports 2008 Edition of Americas Best Childrens Hospitals
8. Childrens Hospital Boston Ranked Number One in New England
9. Battling bird flu by the numbers
10. Health Plan of Michigan Ranked Number One Among Medicaid Health Plans in Michigan for Access to Medications for African Americans
11. FDA Panel Considers Toll-Free Number for TV Drug Ads
Post Your Comments:
(Date:11/25/2015)... ... November 25, 2015 , ... ... sauna parts and accessories. , Sauna accessories help improve the bather experience in ... personality. From basic styles for the purist looking for simplicity in design to ...
(Date:11/25/2015)... ... ... According to an article published November 10th by The Missoulian, ... a breakthrough for performing hernia repairs. The article explains that the biggest advantage that ... can greatly reduce the pain that a patient might otherwise experience after a surgical ...
(Date:11/25/2015)... ... November 25, 2015 , ... The McHenry County law ... successful appellate decision obtained by Attorneys Francisco J. Botto and Alex C. Wimmer. Attorneys ... Workers’ Compensation Comm’n, 2015 IL App (2d) 130884WC. , According to court documents, Adcock ...
(Date:11/25/2015)... ... 25, 2015 , ... Brillianteen, McGaw YMCA’s student-produced musical show, ... 65th Anniversary Brillianteen Revue, scheduled for March 4-6, 2016. Auditions for this final ... has been a treasured tradition for numerous families in the Evanston community. Over ...
(Date:11/25/2015)... ... November 25, 2015 , ... In honor of Pulmonary Hypertension ... and groups responsible for advancing care for pulmonary hypertension (PH) patients and helping ... public, will receive special recognition throughout 2016 as part of PHA’s 25th anniversary ...
Breaking Medicine News(10 mins):
(Date:11/25/2015)... Nov. 26, 2015  The total global healthcare industry is ... 2015-2016. Latin America has the highest ... (excluding Japan ), is second with growth ... to face increased healthcare expenditure. In 2013-2014, total government funded ... 43.5% in 2008-2009 to 41.2% in 2013-2014. In real terms, ...
(Date:11/25/2015)... Nov. 25, 2015  The American Academy of ... (ACOG), and the March of Dimes cheered today,s ... Our Infants Act of 2015 (S.799), which ... newborns born exposed to drugs, such as opioids, ... introduction, all three organizations have worked together leading ...
(Date:11/25/2015)... AAIPharma Services Corp./Cambridge Major Laboratories, Inc. ... $15.8  Million to expand its laboratories and global ... The expansion will provide additional office space and ... of the pharmaceutical and biotechnology markets. ... up to 40,000 square feet of expanded development ...
Breaking Medicine Technology: