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Colonial Life & Accident Insurance Company is an American insurance company based in Columbia, South Carolina. [1] Colonial Life offers disability, accident, life, cancer, critical illness and hospital confinement insurance plans in 49 states. [2] Colonial Life was founded in 1939 by Edwin Averyt and became a wholly owned subsidiary of Unum in ...
Founded as an insurance company, Colonial Life Insurance Company (CLICO) by Cyril Duprey, it was expanded into a diversified company by his nephew Lawrence Duprey. CL Financial then became one of the largest local conglomerates in the region, encompassing over 65 companies in 32 countries worldwide with total assets exceeding TT$100 billion.
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CNO Financial Group is the parent company of seven insurance companies, including Bankers Life and Casualty Company and Colonial Penn Life Insurance Company. [5] They also own 40/86 Advisors, an investment management company and Washington National Insurance Company.
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