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:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... ... DevOps and Agile Software Development, has been awarded a contract by the Center ... Purchase Agreement (BPA) aims to accelerate the enterprise use of Agile methodologies in ...
(Date:10/12/2017)... Del. (PRWEB) , ... October 12, 2017 , ... ... and advisory services for healthcare compliance program management, will showcase a range of ... National Association for Assisted Living (NCAL) Convention and Expo to be held October ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... meet the demand of today’s consumer and regulatory authorities worldwide. From Children’s to ... and tested to meet the highest standard. , These products are also: ...
(Date:10/12/2017)... , ... October 12, 2017 , ... ... a leader in post-acute health care, have expanded their existing home health joint ... Health. , AccentCare has been operating a joint venture home health company with ...
(Date:10/12/2017)... ... ... HMP , a leader in healthcare events and education, today announced that ... ‘Best B-to-B Healthcare Website.’ Winners were announced during the Eddie & Ozzie Awards luncheon ... editorial and design excellence across a range of sectors. This year’s program included the ...
Breaking Medicine News(10 mins):
(Date:9/27/2017)... 2017  Commended for their devotion to personalized service, SMP ... number one in the South Florida Business Journal,s 50 Fastest-Growing ... yearly list, the national specialty pharmacy has found its niche.  ... will soon be honored by SFBJ as the 2017 Power ... Set to receive his award in October, Bardisa said of ...
(Date:9/25/2017)... Sept. 25, 2017  EpiVax, Inc., a leader ... and immune-engineering today announced the launch of EpiVax ... of personalized therapeutic cancer vaccines. EpiVax has provided ... access to enabling technologies to the new precision ... lead EpiVax Oncology as Chief Executive Officer. Gad ...
(Date:9/22/2017)... -- AVACEN Medical (AVACEN) announced that its CE-Marked AVACEN ... with the widespread pain associated with fibromyalgia in the ... Essex, England commented, "I had difficulty ... sleep at all, tremendous pain, with every movement sending ... AVACEN 100] enough, how this has and is helping ...
Breaking Medicine Technology: