Unum

Unum Group NYSE: UNM is a Chattanooga, Tennessee-based Fortune 500insurance company formerly known as UnumProvident. Unum Group was created by the 1999 merger of Unum Corporation and The Provident Companies and comprises three distinct businesses – Unum US, Unum UK, and Colonial Life. Its underwriting insurers include The Paul Revere Life Insurance Company and Provident Life and Accident Insurance Company. Unum is the top disability insurer in both the United States and United Kingdom and also offers other insurance products including accident, critical illness and life insurance.

As of December 2013, Unum had 9,200 full-time employees and annual revenue of $10.35 billon. Thomas Watjen has led Unum as its CEO since 2003.

History

Early History: Unum corporation

Union Mutual Life Insurance was incorporated in 1848 in Maine. The company issued its first policy, which covered the life of founder and company president Elisha B. Pratt for $5000, on October 1, 1849. Union Mutual's principal office at the time was located in Boston, Massachusetts, where Pratt resided. Union Mutual remained headquartered in Boston until 1881, when the state of Maine passed a law that required the principal office and headquarters of all insurance companies incorporated by the state to be located within the state. The company relocated to Portland, Maine.

Unum (disambiguation)

Unum may refer to :

John Gustafson (scientist)

John L. Gustafson (born January 19, 1955) is an American computer scientist and businessman, chiefly known for his work in High Performance Computing (HPC) such as the invention of Gustafson's law, introducing the first commercial computer cluster, measuring with QUIPS, leading the reconstruction of the Atanasoff–Berry computer, inventing the Unum number format and computation system, and several awards for computer speedup. Currently he is the Chief Technology Officer at Ceranovo, Inc. pushing the limits of ceramic capacitors. He was the Chief Graphics Product Architect and Senior Fellow at AMD from September 2012 until June 2013, and he previously held the distinguished positions of Director of Intel Labs-SC, CEO of Massively Parallel Technologies, Inc. and CTO at ClearSpeed Technology. Dr. Gustafson holds applied mathematics degrees from the California Institute of Technology and Iowa State University.

Childhood and education

Gustafson was raised in Des Moines, Iowa. After completing a degree in Applied Mathematics at California Institute of Technology in 1977 he moved to Ames, Iowa and completed his M.S. (1981) and Ph.D. (1982) at Iowa State University.