Aflac 2010 Annual Report Download - page 28

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A F L A C M I L E S T O N E S
1955 – 1969 A Time of Vision
1955 American Family Life was founded on November 17, when John,
Paul and Bill Amos started in a small six-room complex in downtown
Columbus, Georgia.
1958 American Family Life pioneered the introduction of a cancer policy
after identifying the need to lift the financial burden of cancer patients
and their families.
1964 Aflac began “cluster selling,” which involved selling our cancer products
at the worksite in addition to selling directly to individuals.
The 70s A Decade of Expansion
1970 Aflac expands from a small regional company into a rapidly growing
national insurer licensed in 37 states.
1974 October 1 – Aflac went international and began selling insurance
in Japan.
June 14 – American Family Life Assurance Company of Columbus was
listed on the New York Stock Exchange (NYSE), with AFL opening at
$7.25 per share.
1975 To accommodate the incredible growth, American Family Life
employees excitedly moved into the $7.1 million, fully paid-for
nineteen-story headquarters office building.
The 80s A Decade of Momentum
The 1980s continued our momentum as we developed our strategy of
broadening our product line and expanding our distribution system.
1982 The company had total assets of more than $1 billion.
1989 American Family Life Assurance Company of Columbus adopted the
acronym “Aflac.”
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