Essay on Unum Group Week 3

1134 Words May 22nd, 2015 5 Pages
Unum Corporation

Nylor P. Coleman

STR/581

April 20, 2015
Mary MacDonald
External and Internal Analysis for the Unum Group The purpose of this paper is to complete the external environmental scan of Unum, perform an internal environmental scan, and assess the company’s competitive position and possibilities. According to "Unum Group To Present At The JP Morgan Insurance Conference" (2015), “Unum Group (www.unum.com) is a leading provider of financial protection benefits in the United States and the United Kingdom. Its primary businesses are Unum US, Colonial Life and Unum UK. Unum’s portfolio includes disability, life, accident and critical illness coverage” (About the Unum Group). The Unum group has three
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Although the company operates from its three main campuses with the headquarters in Chattanooga and Portland, Maine, the organization employs Unum agents and brokers (Colonial Life also) several of which are independent agents. According to "Broker Field Office Support" (2015), “Local sales reps in 35 offices around the country stand ready to help you connect with your clients” (Nationwide Sales Offices).

The Unum has a diverse product portfolio. The voluntary product line includes offerings for life insurance, disability, and hospital confinement with outpatient surgery, critical illness, accident, and cancer policies. Dental and vision

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