Aflac Incorporated

Aflac Incorporated operates as a provider of supplemental insurance products in the United States and Japan. Its core offerings include accident, cancer, critical illness, hospital indemnity, short‑term disability, and life insurance policies that are designed to complement primary health coverage. The company markets these policies both directly to individuals and through employer‑sponsored voluntary benefits programs. By focusing on supplemental coverage, Aflac addresses gaps that standard medical plans often leave uncovered.

Aflac is a publicly traded company listed on the New York Stock Exchange under the ticker symbol AFL and is regularly ranked among the Fortune 500 corporations. It maintains a significant presence in the U.S. workplace benefits market, where its policies are offered through many large and mid‑size employers. In Japan, Aflac operates under a separate subsidiary that supplies cancer and medical insurance to individual consumers. The company's dual‑market strategy has contributed to its recognizable brand and long‑standing operation in both countries.

Aflac’s distinguishing attribute is its specialization in supplemental insurance, a niche that allows policyholders to receive cash benefits directly upon experiencing a covered event such as an accident or illness. The company is widely recognized for its advertising campaign featuring the Aflac duck, which has helped build brand awareness across its markets. Regulatory oversight comes from state insurance departments in the United States and the Financial Services Agency in Japan, ensuring compliance with local solvency and consumer protection standards. Additionally, Aflac has been noted as a target of the Scattered Spider cybercrime group, which conducted a 2025 intrusion that compromised personal data of millions of individuals.

Aflac Incorporated functions as the parent company of its operations, with Aflac Japan operating as a wholly owned subsidiary responsible for the Japanese market. The corporation is not a subsidiary of any larger entity and is governed by a board of directors accountable to its shareholders. Its ownership structure is therefore public, with shares traded on the New York Stock Exchange.