Unum Group

UNM

Unum Group is a Chattanooga, Tennessee-based Fortune 500 insurance 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 2016, Unum had 9,400 full-time employees and annual revenues of $11.047 billion. Richard McKenney has led Unum as its CEO since April 1, 2015.

Unum Group has been a target of short sellers for a while. The current short interest of 2.69% is roughly at the average of the last 12 months (1.95%).