UNUM Group (UNM) is a major benefits insurer serving various markets with a focus on accidental death, disability, group life, supplemental, and related product lines. The company operates primarily in the United States with subsidiaries serving the United Kingdom and Poland. The company’s product lines are, for the most part, attractive businesses despite intense competition and moderate growth trends due to their largely employer-based nature as core employment benefits and the resulting stickiness of customers.
Unum has been discussed in multiple articles over the last several months. In many cases, these articles are