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, ...

Free-of-charge robotic companion helps comfort 17 pediatric cancer and sickle cell patients at Prisma Health Children's Hospital-Upstate in Greenville, South CarolinaCOLUMBUS, Ga., May 28, 2024 /PRNewswire/ -- Two-time national champion Clemson University Head Football Coach Dabo Swinney, whose team will kick off the 2024 college football season against the Georgia Bulldogs in this year's Aflac Kickoff Game, surprised children at Prisma Health Children's Hospital-Upstate with My Special Aflac Duck, a free-o ...

Aflac Incorporated (AFL) recently collaborated with the leading benefits experience platform, Nayya, in a bid to provide an enhanced claims experience for its supplemental health plan clients.Under the partnership, Aflac will reap the benefits from the utilization of the medical claims integration solution of Nayya. The medical claims integration process requires mapping of medical claims data to supplemental health policies, which involves analyzing and aligning medical claims information with the specific ...

New and innovative solution leverages data analytics and advanced algorithms to help policyholder maximize value of their Aflac benefitsCOLUMBUS, Ga., May 23, 2024 /PRNewswire/ -- Aflac Incorporated, a leading provider of supplemental health insurance in the U.S., announced a strategic partnership with Nayya, a leading provider of personalized digital benefits guidance, that will fundamentally improve how employees access their supplemental health benefits. Nayya will power supplemental health claims integr ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a ...

Blue-chip forever stocks should always form the core of your portfolio. People have their tastes, and some like investing in penny stocks, dividend stocks, growth stocks or ETFs. On the other hand, many people these days stick to cryptos only. However, I think having some evergreen stocks form the core of your portfolio is the most reasonable idea.No one has a crystal ball, and even the best investors fail when they go into risky assets. On the other hand, if you play too safe, you’ll risk being left behind ...

Aflac Incorporated (AFL) is set to acquire a 40% stake in a private credit asset management firm, Tree Line Capital Partners, per The Wall Street Journal. With this move, AFL is likely to capitalize on the thriving private credit market.Aflac is set to buy the stake in Tree Line Capital for a price tag of $100 million from Tree Line's private equity investor, Stone Point Capital, and Tree Line's management. Per the deal, Aflac intends to fund Tree Line using a portion of the investible cash generated from i ...

NEW YORK, May 16, 2024 /PRNewswire/ -- Aflac Global Investments (AGI), the asset management subsidiary of Aflac Incorporated, announced today that it has agreed to acquire a stake in San Francisco-based lower middle-market direct lender, Tree Line Capital Partners (Tree Line). The structure of the deal provides AGI with a 40% interest in the company upon closing. In addition, Aflac is making a multiyear commitment to allocate a portion of its annual investable cashflow to Tree Line.Tree Line was founded in ...