AFLAC Incorporated : Black Enterprise Magazine Puts Aflac on Top 40 Diversity List for Eighth Time
07/10/2012| 08:05am US/Eastern
COLUMBUS, Ga., July 10, 2012 /PRNewswire/ -- Aflac, the number one provider of supplemental insurance in the United States, serving more than 466,000 employers across the nation and protecting more than 50 million people worldwide, has been named one of Black Enterprise magazine's 40 Best Companies for Diversity for the eighth time. Aflac is one of only two insurance providers to appear on the prestigious list every year since it was created. Companies are honored annually for demonstrating a commitment to diversity in one or more of four key areas: board of directors, employee base, senior management and supplier diversity.
"We have long held the belief that our diversity is a large part of what makes Aflac the leader in the supplemental insurance industry," Aflac Chairman and CEO Dan Amos said. "Our products benefit people of all backgrounds, so it makes strong business sense to maintain a workforce that represents the great diversity of our nation. It is also the right thing to do."
Aflac received particularly high ratings for its diverse employee base and the percentage of senior management positions held by African Americans and members of other ethnic groups. More than 39 percent of Aflac's workforce is composed of minorities, including 33 percent who are African Americans. More than 22 percent of Aflac's senior management (supervisor or higher) is composed of individuals representing minority ethnic groups.
To compile the 2012 list, Black Enterprise sent surveys to the top 1,000 publicly traded companies as well as the 100 leading global companies with strong U.S. operations. Black Enterprise's survey focused on activities related to the participation of African Americans and members of other ethnic minority groups. Based on the analysis, each company was given a score per category, which was compiled into a final survey score, with a heavier weighting applied to scores in the senior management and supplier diversity categories.
When a policyholder gets sick or hurt, Aflac pays cash benefits fast. For more than 55 years, Aflac insurance policies have given policyholders the opportunity to focus on recovery, not financial stress. In the United States, Aflac is the number one provider of guaranteed-renewable insurance. In Japan, Aflac is the number one life insurance company in terms of individual policies in force. Aflac individual and group insurance products provide protection to more than 50 million people worldwide. 2012 marked the sixth consecutive year Aflac has been recognized by Ethisphere magazine as a World's Most Ethical Company. 2012 also marked the 14th year FORTUNE magazine recognized Aflac as one of the 100 Best Companies to Work For and the 11th time FORTUNE included Aflac on its list of Most Admired Companies. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac, visit aflac.com or espanol.aflac.com.
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Aflac Incorporated Aflac Incorporated
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Jon A. Sullivan