Aflac

Aflac Incorporated (NYSE: AFL) operates as a leading supplemental insurance provider serving millions of policyholders across Japan and the United States. The company's website is www.aflac.com. Founded in 1973 and incorporated in Georgia, Aflac has built a 70-year legacy of providing financial protection through supplemental health and life insurance products designed to help customers manage out-of-pocket medical expenses not covered by primary insurance.

The company operates through two primary reportable segments: Aflac Japan and Aflac U.S. Aflac Japan represents the principal contributor to consolidated earnings and operates as the largest insurer in Japan for cancer and medical third-sector insurance products. Its product portfolio includes cancer insurance, medical insurance, nursing care insurance, and various life insurance offerings distributed through approximately 6,300 sales agencies, major banking partnerships, and alliances with Dai-ichi Life, Japan Post Group, and Daido Life. Aflac U.S. focuses on supplemental coverage for individuals and groups already holding primary insurance, offering accident, disability, critical care, hospital indemnity, dental and vision, and life insurance products through career agents and brokers.

The company employs approximately 12,716 full-time employees globally, with 6,804 in Aflac Japan, 5,117 in Aflac U.S., and 795 in corporate and other operations. Aflac maintains a diversified distribution strategy, reaching customers through traditional agents, brokers, distribution partners, and increasingly through direct digital channels. The company's marketing efforts prominently feature the Aflac Duck, an iconic advertising symbol that has become one of the world's most recognizable brand mascots since its U.S. debut in 2000 and international expansion to Japan in 2003.

Aflac's competitive advantages include its extensive experience in supplemental insurance markets, well-established brand recognition, low-cost operations, expansive distribution networks, and deep product expertise. The company also operates asset management subsidiaries managing investments for both segments and maintains reinsurance operations through Aflac Re, a Bermuda-domiciled insurer. Aflac's business model emphasizes providing affordable, relevant supplemental insurance products that complement primary coverage while maintaining strong operational efficiencies and customer service standards.