COLUMBUS, Ga., Dec. 4, 2015 /PRNewswire/ -- Aflac, the leading provider of voluntary insurance at the work site in the United States, celebrated the company's 60th anniversary in style today as Chairman and CEO Dan Amos, along with executives and family, rang the closing bell at the New York Stock Exchange. Aflac was officially founded on Nov. 17, 1955, by brothers John, Paul and William Amos, who saw a need for financial protection when an unexpected medical situation occurs. Listed as AFL, Aflac first appeared on the New York Stock Exchange in 1974.
"When I think of the humble beginnings of our company in a six-room leased building in Columbus, Georgia, with only 16 employees and 60 sales agents, it is almost impossible to conceive where we are today," Amos said. "After 60 years, we are a Fortune 500 company with revenues at nearly $23 billion, employing more than 10,000 people in the United States and Japan, with more than one hundred thousand associates and brokers selling our products. Our founders were onto something back in 1955, and we are so proud to uphold the traditions they set forth 60 years ago."
In addition to the 60th anniversary celebration, Aflac is also commemorating 40 years of serving policyholders in Japan as well as its 20-year relationship with the Aflac Cancer Center in Atlanta. Earlier this year, Aflac announced that it had exceeded $100 million in contributions to the fight against childhood cancer, much of which has been provided by the company's independent sales agents who donate directly from their commission checks.
Also on hand was the iconic Aflac Duck, who lent a wing in ringing the bell to end the week of trading at the Stock Exchange. This marks the third trip for the Aflac Duck there, his first trip being in 2010 to celebrate his 10th birthday. Now a 15-year-old icon, the Duck is responsible for elevating Aflac's brand recognition to more than 90 percent from near single digits when the campaign was first introduced.
When a policyholder gets sick or hurt, Aflac pays cash benefits fast. For six decades, Aflac insurance policies have given policyholders the opportunity to focus on recovery, not financial stress. In the United States, Aflac is the leading provider of voluntary insurance at the work site. Through its trailblazing One Day PaySM initiative, Aflac U.S. can receive, process, approve and disburse payment for eligible claims in one business day. In Japan, Aflac is a leading provider of medical and cancer insurance and insures 1 in 4 households. Aflac individual and group insurance products help provide protection to more than 50 million people worldwide. For nine consecutive years, Aflac has been recognized by Ethisphere magazine as one of the World's Most Ethical Companies. In 2015, Fortune magazine recognized Aflac as one of the 100 Best Companies to Work For in America for the 17th consecutive year. Also, in 2015, Fortune magazine included Aflac on its list of Most Admired Companies for the 14th time, ranking the company No. 1 in innovation for the insurance, life and health category. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac and One Day PaySM, visit aflac.com or espanol.aflac.com.
Aflac herein means American Family Life Assurance Company of Columbus and American Family Life Assurance Company of New York.
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