The Zacks Accident and Health Insurance industry is expected to ride on the increase in underwriting exposure. Aflac Incorporated  (AFL) , Unum Group (UNM) and Trupanion (TRUP) should continue to benefit from prudent underwriting standards. However, a rise in claims frequency could weigh on the positives. The industry has been witnessing soft pricing over the past several quarters, which is not expected to change any time soon. Nonetheless, a rise in claims, with business activities returning to normal leve ...

Core Insights - Aflac Incorporated has partnered with SKYGEN to enhance its Dental and Vision insurance services, leveraging SKYGEN's technology and expertise to improve claims and billing processes [1][2][3] - The partnership aims to increase customer satisfaction, attract new clients, and retain existing ones, potentially leading to higher sales and improved premiums for Aflac's Dental and Vision products [2][3] Company Developments - The collaboration with SKYGEN is expected to enhance Aflac's service model by utilizing advanced software applications and data protection measures [1] - Aflac's recent initiatives, including a partnership with Nayya, indicate a strategic focus on improving the claims experience for its supplemental health plan clients [3] Market Performance - Aflac's shares have increased by 27.2% over the past year, outperforming the industry average growth of 21.1% [3] - The company maintains a Zacks Rank of 3 (Hold), indicating a stable outlook in the market [3]

SKYGEN's innovative technology delivers digital experience critical to customer satisfactionTAMPA, Fla., July 8, 2024 /PRNewswire/ -- Aflac, a leading provider of supplemental insurance in the U.S., announced today that its Dental and Vision division has engaged SKYGEN to continue improving the customer satisfaction journey. SKYGEN is a U.S.-based, premier technology partner with a focus on dental and vision insurance plans that serves nearly 50 million members across all 50 states. SKYGEN's decades of indu ...

Core Points - Aflac, in collaboration with Coach Dawn Staley, delivered 16 My Special Aflac Ducks to children with sickle cell disease at Prisma Health Children's Hospital-Midlands, emphasizing the company's commitment to supporting children facing serious health challenges [1][2][3] - The My Special Aflac Duck is designed to help children cope with medical procedures and emotional distress, utilizing innovative technology and feedback from over 100 children and medical professionals [2][3] - Since its introduction in 2018, Aflac has distributed over 30,000 My Special Aflac Ducks, with nearly one-third of these going to children diagnosed with sickle cell disease [3][4] Company Commitment - Aflac has contributed more than $182 million to childhood cancer and blood disorders treatment and research since 1995, showcasing its long-term commitment to pediatric health [4][5] - The company has been recognized for its ethical practices and corporate social responsibility, being included in the World's Most Ethical Companies for 18 consecutive years and the Dow Jones Sustainability North America Index for 10 years [6] Product Details - The My Special Aflac Duck features a special cape designed for sickle cell patients, which serves as both a comforting blanket and an art therapy tool [3] - The duck has been validated through a clinical study that demonstrated its effectiveness in helping children manage treatment-related anxiety and distress [2]

COLUMBUS, Ga., June 27, 2024 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today that it will release second quarter 2024 financial results after the market closes on July 31, 2024. At that time, earnings materials, including the quarterly earnings release and financial supplement, will be available, along with a financial update video from Executive Vice President and Chief Financial Officer Max Brodén, on the company's Investor Relations website, investors.aflac.com.Aflac Incorporated will also ...

Company Overview - Aflac Incorporated is a Fortune 500 company that has provided financial protection and peace of mind for over 68 years to millions of policyholders and customers through its subsidiaries in the U.S. and Japan [5] - In the U.S., Aflac is the leading provider of supplemental health insurance products, while in Japan, it is the top provider of cancer and medical insurance in terms of policies in force [5] My Special Aflac Duck Program - The My Special Aflac Duck program aims to provide comfort to pediatric patients with cancer and sickle cell disease by helping them prepare for medical procedures and cope with treatment-related distress [2][3] - Since its introduction in 2018, nearly 31,000 My Special Aflac Ducks have been delivered to children in the U.S., Japan, and Northern Ireland, with the program expanding to include sickle cell patients in 2022 [3] - The duck was developed in consultation with over 100 children, families, and medical professionals, and has been recognized as one of Time Magazine's 50 Best Inventions [2][3] Clinical Study and Impact - A three-year clinical study conducted by Emory University confirmed that My Special Aflac Duck helps reduce stress and anxiety for children facing cancer and sickle cell disease [2][3] - Aflac has contributed over $182 million to childhood cancer and blood disorders treatment and research since 1995, demonstrating its long-standing commitment to these causes [3] Community Engagement - Deion "Coach Prime" Sanders participated in delivering My Special Aflac Ducks to children at Children's Hospital Colorado, highlighting the company's efforts to engage with the community and provide support [1][2][4] - Aflac encourages healthcare providers, support organizations, and families to order My Special Aflac Duck free of charge for eligible children [4]

TV personality and host Adamari López to kick off the start of continental fútbol competition with a specially themed event for patients and their families MIAMI, June 18, 2024 /PRNewswire/ -- Aflac, the leading provider of supplemental health insurance in the U.S.1, partnered once again with beloved TV personality and cancer survivor, Adamari López, to bring the excitement and joy of soccer to pediatric patients at Nicklaus Children's Hospital. This event marks the second consecutive year that Aflac has al ...

Core Insights - Aflac Incorporated has partnered with Empathy to provide loss support services to its Group Life, Absence, and Disability Solutions clients, effective from July 1 [1][2] - The collaboration aims to assist bereaved families in managing grief and administrative tasks associated with the loss of a loved one, which is expected to enhance Aflac's offerings and attract more customers [2][3] - Aflac's shares have increased by 29.3% over the past year, outperforming the industry growth of 24.2% [3] Group Life, Absence, and Disability Solutions - The services offered through the partnership include grief assistance, bereavement concierge, estate administration, property clearance support, probate guidance, and funeral assistance [1][2] - A digital document vault and identity theft protection services are also part of the offering, which can be accessed by bereaved families for up to two years [2] Market Context - The partnership is timely, given that 94.5% of individuals experience adverse physical or mental symptoms after losing a loved one, with 84% reporting a negative impact on daily life [3] - The grief experienced by bereaved families can last up to 10 months, highlighting the need for comprehensive support services [3] Stock Performance - Aflac's stock has shown a positive trend, gaining 0.4% on June 5 and reflecting a strong performance over the past year [1][3] - Comparatively, other insurance stocks like Reinsurance Group of America, Old Republic International, and RLI Corp. have also shown significant gains, with Reinsurance Group leading at 39.7% [4][5]

COLUMBUS, Ga., June 4, 2024 /PRNewswire/ -- Aflac, a leading provider of supplemental and group insurance in the U.S., has partnered with Empathy, an innovative technology company that specializes in providing compassionate and comprehensive on-demand support for bereaved families to assist with the challenges they face after losing a loved one. Effective July 1, Empathy's loss support services will be available to Aflac Group Life, Absence, and Disability Solutions covered insureds and their beneficiaries ...

Key PointsThe market sold off dramatically on Friday before recovering into the close, led by big tech.While the market faced challenges on Friday, Birkenstock, NetApp, Eli Lilly, and Aflac showed notable strength by achieving new 52-week highs.These companies' impressive earnings and strategic initiatives have driven their stocks to new highs, underscoring their resilience in a challenging market environment.5 stocks we like better than Eli Lilly and CompanyDespite the market's dramatic sell-off on Friday, ...