COLUMBUS, Ga., July 8, 2015 /PRNewswire/ -- Aflac, the
leading provider of voluntary insurance at the work site in
the United States, released its
2014 Corporate Citizenship Report. The informative online document,
available at Aflac.com, highlights the accomplishments of the
company in the area of citizenship, including reports on company
innovation, diversity and philanthropy in 2014. According to the
report, the $23.9 billion dollar
company places a premium on ethics and integrity, which they call
the "Aflac Way."
"The Aflac Way, simply put, is our company's philosophy that
encourages our employees at every level to do the right thing
regardless of whether anyone is watching," Aflac Chairman and CEO
Dan Amos said. "From our humble
beginnings 60 years ago to today, a Fortune 500 company, we have
always maintained that if you do business with fairness,
transparency and ethics, customers will reward you with their
business – and they have."
Key items in the report include:
- Innovation - Aflac developed One Day PaySM, an
innovative claims processing system by which eligible claims filed
online through Aflac SmartClaim® before 3:00 p.m. ET, Monday through Friday, along with
all the necessary documentation, are paid by the following
day.
- Diversity - Aflac's workforce is 67 percent women, 43 percent
minority, 33 percent female minorities, with more than 28 percent
of all officers being women as well. In 2014, the company promoted
two African-American women to the highest offices in their
respective fields, President of Aflac U.S. and General
Counsel.
- Philanthropy - Aflac is set to achieve its stated goal of
exceeding $100 million in
contributions to the Aflac Cancer Center by the end of 2015. As of
the end of 2014, Aflac had already surpassed $95 million to help fund valuable treatment and
research for children's cancer, of which $500,000 each month comes voluntarily from the
commission checks of Aflac's independent sales agents.
"We know how important it is to continue to provide the funding
needed to research the terrible disease of children's cancer. I am
most proud of how our team and how our independent agents have
embraced this cause, made it their own, and will hopefully someday
be able to proclaim that they helped cure childhood cancer once and
for all." Amos said.
The report further illustrates Aflac as a good steward of
the environment and a good neighbor in the community. It also shows
how being "Green" can help save on business costs. In 2014, Aflac
reduced consumption of resources by:
- 1,169,791 pounds (522 tons) of paper.
- 9,534 barrels of oil.
- 4,094,268 gallons of water.
- 35,094 pounds of air pollution.
- 2,398,072 kWh of electricity — enough to power the average home
for 82,140 days.
Aflac herein means American Family Life Assurance Company of
Columbus and American Family Life
Assurance Company of New York.
This article is for informative purposes only and is not intended
to be a solicitation.
About Aflac
When a policyholder gets sick or hurt,
Aflac pays cash benefits fast. For nearly six decades, Aflac
insurance policies have given policyholders the opportunity to
focus on recovery, not financial stress. In the United States, Aflac is the leading
provider of voluntary insurance at the work site. Through its
trailblazing One Day PaySM initiative, Aflac U.S. can
receive, process, approve and disburse payment for eligible claims
in one business day. In Japan,
Aflac is a leading provider of medical and cancer insurance and
insures 1 in 4 households. Aflac individual and group insurance
products help provide protection to more than 50 million people
worldwide. For nine consecutive years, Aflac has been recognized by
Ethisphere magazine as one of the World's Most Ethical Companies.
In 2015, Fortune magazine recognized Aflac as one of the 100 Best
Companies to Work For in America for the 17th
consecutive year. Also, in 2015, Fortune magazine included Aflac on
its list of Most Admired Companies for the 14th time, ranking the
company No. 1 in innovation for the insurance, life and health
category. Aflac Incorporated is a Fortune 500 company listed on the
New York Stock Exchange under the symbol AFL. One Day
PaySM is available for most properly documented,
individual claims submitted online through Aflac
SmartClaim® by 3 PM ET.
Aflac SmartClaim® is not available on the following:
Short Term Disability (excluding Accident and Sickness Riders),
Life, Vision, Dental, Medicare Supplement, Long Term Care/Home
Health Care, Aflac Plus Rider and Group policies. Aflac processes
most other claims in about four days. Processing time is based on
business days after all required documentation needed to render a
decision is received & no further validation and / or research
is required. To find out more about Aflac and One Day
PaySM, visit aflac.com or espanol.aflac.com.
Logo -
http://photos.prnewswire.com/prnh/20100423/CL92305LOGO
Media contact – Jon Sullivan,
706.763.4813 or jsullivan@aflac.com
Analyst and investor contact – Robin Y.
Wilkey, 706.596.3264 or 800.235.2667, FAX: 706.324.6330, or
rwilkey@aflac.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/innovation-diversity-and-philanthropy-highlight-aflacs-2014-citizenship-report-300110133.html
SOURCE Aflac