Navigation Links
Colonial Life Number Two in Worksite Sales
Date:7/7/2008

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: http://www.newscom.com/cgi-bin/prnh/20080109/CLW033LOGO )

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 http://www.coloniallife.com .


'/>"/>
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:
*Name:
*Comment:
*Email:
(Date:5/26/2017)... ... May 26, 2017 , ... ... a new educational seminar to focus on current legislative activity and the latest ... begin at 1 p.m. Sunday, Sept. 10, and will continue through Monday, Sept. ...
(Date:5/26/2017)... ... May 26, 2017 , ... Somnoware, ... NOX-T3 portable sleep monitor with its Somnoware Sleep Device Interface (SDI). Somnoware SDI ... diagnostic device operations. With this platform, initializing devices and importing studies are just ...
(Date:5/26/2017)... ... May 26, 2017 , ... Boar’s Head Brand®, one of ... Memorial Day entertaining that are sure to satisfy your guests’ flavor cravings, while ... and cheeses featured in these refreshingly balanced recipes are packed with flavor, creating ...
(Date:5/26/2017)... , ... May 26, 2017 , ... On May 24, ... which narrowly passed the U.S. House on May 4, would result in 23 million ... under continued implementation of the 2010 Patient Protection and Affordable Care Act (ACA). ...
(Date:5/26/2017)... ... 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The House of Yahweh ... the Peace Agreements being discussed by President Donald Trump and the rest of the ... to speed up peace talks in the continuous battle between Israel and Palestine. The ...
Breaking Medicine News(10 mins):
(Date:5/10/2017)... , May 10, 2017 CSSi, the global ... the clinical research industry, is proud to announce the ... The new website features both enriched content and a ... and enhances the company,s already well-established position as the ... "After many months of hard work, we ...
(Date:5/9/2017)... -- Oramed Pharmaceuticals Inc. (NASDAQ: ORMP ) ... on the development of oral drug delivery systems, ... has granted Oramed a patent titled, "Methods and ... covers Oramed,s invention of an oral glucagon-like peptide-1 ... hormone that stimulates the secretion of insulin from ...
(Date:5/8/2017)... May 8, 2017  Diplomat Pharmacy, Inc. (NYSE: DPLO)., ... ("WRB"), a health care service center company based ... WRB specializes in relationship management programs for leading pharmaceutical ... WRB will join Envoy Health ... services for manufacturers, biotech firms, and other service companies. ...
Breaking Medicine Technology: