CHATTANOOGA, Tenn.--(BUSINESS WIRE)--
UnumProvident Corporation (NYSE: UNM) has officially changed its
name to Unum Group, and the company's shares will be traded publicly
as Unum Group going forward.
Unum announced in January that it intended to shorten its name as
part of a larger branding initiative the company is undertaking to
reinforce its commitment to being a leader in the group benefits
industry. The new name follows several years of operational and
financial restructuring and signals a transition to a period of
building and growing the company's business.
"This is a significant event in our company's continued
evolution," said Thomas R. Watjen, president and CEO. "Given the
progress we've made both operationally and financially in recent
years, we are essentially a new company. Our new name signals this in
a way that does not lose sight of the tremendous brand equity we've
built in the marketplace over many years."
The company has already begun using the name Unum in the
marketplace and expects to unveil a new corporate logo and creative
direction in the coming weeks. The names of Unum's insurance entities
used to market and sell its products, including Unum Life Insurance
Company of America, Provident Life and Accident Insurance Company, The
Paul Revere Life Insurance Company, and Colonial Life & Accident
Insurance Company are not changing.
About Unum
Unum (www.unum.com), formerly UnumProvident, is one of the leading
providers of employee benefits products and services, and the largest
provider of group and individual disability income protection
insurance in the United States and the United Kingdom. Through its
subsidiaries, Unum Group insures more than 25 million people and
provided $6.2 billion in total benefits to customers in 2006.
Source: Unum
Contact: Unum, Chattanooga
Media:
Jim Sabourin, 423-294-6043
Toll free: 866-750-8686 (UNUM)
or
Mary Clarke Guenther, 423-294-6300
Toll free: 866-750-8686 (UNUM)
or
Investors:
Thomas A. H. White, 423-294-8996
or
Madhavi Venkatesan, 423-294-1630
www.unum.com