Who we are, what we do and where we're active.
Invested in Middle-Income America
CNO Financial Group is middle-income America's valued financial security partner. We provide health and life insurance, as well as retirement solutions, to middle-income Americans through our family of insurance brands: Bankers Life, Colonial Penn and Washington National. At CNO Financial, we’re always looking forward—to the security and stability we create for our customers, and the growth we create within our company.
Our Brands
Bankers Life offers a broad selection of life and health insurance products designed especially for Americans who are near or in retirement. With a history dating back to 1879, Bankers Life's dedicated agents meet customers in their homes and present products and services “across the kitchen table.” There are approximately 4,200 Bankers Life insurance agents at over 260 offices across the country.
Colonial Penn is a pioneer in designing life insurance products for mature Americans. For more than 60 years, customers have turned to Colonial Penn through mail, online and by phone to buy simple, affordable term and whole life insurance.
Washington Nationalhas helped protect working Americans from the financial hardship of critical illnesses, accidents and loss of life for more than 100 years. Customers can purchase supplemental health and life insurance products from the comfort of their home or at the worksite through nearly 2,000 producing agents across the country.
Our Financial Position
CNO Financial is one of the 10 largest public companies in Indiana, with a market capitalization of $2.6 billion (as of 3/31/2019). The company is financially strong and well positioned for continued growth. In 2018, we reported:
- $4.3 billion in revenue and $303 million in operating income.
- $1.83 of net operating income per diluted share.
- Strong capital position, including $220 million in holding company liquidity, allowing CNO Financial to withstand periods of market stress.
The subsidiaries of CNO Financial Group—Bankers Life and Casualty Company, Colonial Penn Life Insurance Company and Washington National Insurance Company—are rated A- (Excellent) by A.M. Best, the global rating agency for the insurance industry.
Our History
The company’s predecessor, Conseco, Inc., was incorporated in 1979, began operations in 1982 and became a public company in 1985. The company re-branded to CNO Financial Group, Inc., in 2010.