Unum

Name

Unum

Legal name

Unum Życie Towarzystwo Ubezpieczeń i Reasekuracji Spółka Akcyjna

Website

https://unum.pl

Company type

Private

Founded year

1848

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Life Insurance

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Life Insurance (6311)

akta.pro industry

PRIMARYFSAIABAB

Universal Life (UL) Insurance

Financial & Insurance/Insurance — Life & Health/Whole & Universal Life Insurance

SECONDARYFSAIABAD

Variable Universal Life (VUL) Insurance

Financial & Insurance/Insurance — Life & Health/Whole & Universal Life Insurance

SECONDARYFSAIABAK

Whole Life / UL Policy Riders & Add-ons (e.g., Waiver of Premium, Accidental Death, Child Term, LTC/Chronic Illness)

Financial & Insurance/Insurance — Life & Health/Whole & Universal Life Insurance

SECONDARYFSAIADAC

Group Universal Life (GUL)

Financial & Insurance/Insurance — Life & Health/Group Life Insurance (Employer-Sponsored)

SECONDARYFSAIADAD

Group Variable Universal Life (GVUL)

Financial & Insurance/Insurance — Life & Health/Group Life Insurance (Employer-Sponsored)

Keywords

• Life insurance products
• Group insurance plans
• Pension insurance
• Individual insurance
• Insurance capital funds

Headquarters

HQ city

Warsaw

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Individual Life Insurance Premiums: Recurring premium payments from individual life insurance policies including whole life, term life, endowment, and health riders. Premiums are paid monthly, quarterly, semi-annually, or annually via direct debit, credit card, or bank transfer.
2. Group Insurance Premiums: Employer-paid group life and health insurance premiums covering Polish businesses with 3+ employees. Premiums are paid by employers on behalf of covered employees as an employee benefit.
3. Insurance Capital Funds (UFK) Management: Unit-linked insurance products offering investment in capital funds managed by external TFIs (Pekao TFI, Santander TFI, PKO TFI, ESALIENS). Revenue comes from policy administration fees and fund management fees charged to the UFK.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Unum Życie is a Polish life insurance and reinsurance company (TUiR S.A.) that underwrites and distributes individual and group life, health, and pension insurance products. It offers whole life, term life, endowment, child, credit-life, and group employee-benefit policies, plus unit-linked investment funds (UFK). The company sells these products through its own agent network, brokers, and digital self-service channels to Polish consumers and enterprises.

Product overview

Unum is a life insurance and pension company offering a comprehensive portfolio of individual and group insurance products. The individual product line includes whole life insurance (OWU na Całe Życie), term life insurance, life and survival insurance, child insurance, guaranteed pension products, and individual pension accounts (IKZE). Group insurance offerings provide employer-sponsored life protection with customizable coverage levels. The product ecosystem includes supplementary riders (OWUD) for additional protection such as cardiovascular disease, cancer, hospitalization, and accidental death, as well as insurance capital funds (UFK) that integrate investment capabilities with life insurance policies, managed in partnership with four Polish asset management companies (Pekao TFI, Santander TFI, PKO TFI, ESALIENS TFI).

Differentiator

Problem solved

Functional benefit

Brands

• Ochrona Premium: Premium group life insurance product offering 24/7 protection, high insurance sums, and quick claim payouts for disability benefits with access to unique packages not available from competitors.
• Pakiet dla Firmy
• Be Unum

Products and services

• Individual Life and Health Insurance (Życie i zdrowie) Individual life insurance providing comprehensive financial protection for the policyholder and family, with proceeds usable for medical treatment or financial security of loved ones. Targeted at Polish consumers seeking personal life and health coverage.
• Child Insurance (Dziecko) Life insurance for children that provides protection against unforeseen events and a financial start for adulthood; if the parent policyholder dies, Unum assumes premium payments. Targeted at Polish parents and families.
• Pension Insurance (Emerytura) Life insurance with a savings component that lets Polish consumers accumulate additional retirement funds, with an early payout option in case of illness or disability.
• Business and Credit Insurance (Firma i kredyt) Insurance covering business owners and key persons against adverse legal and financial consequences such as debt repayment, loss of financial liquidity, or management continuity issues triggered by the insured's death.
• Group Insurance (Ubezpieczenia grupowe) Employer-sponsored group life and health insurance for companies with more than 3 employees, customizable to company profile, with the Ochrona Premium tier offering 24/7 coverage, high insurance sums, and unique rider packages.
• Whole Life Insurance (OWU na Całe Życie) Permanent whole life insurance providing lifelong coverage with a savings/cash-value component. Available with optional health and unit-linked fund variants.
• Term Life Insurance (OWU Terminowe na Życie) Term-based life insurance with coverage limited to a defined temporary period.
• Endowment / Life and Survival Insurance (OWU na Życie i Dożycie) Endowment insurance providing death benefit combined with survival benefits payable to the policyholder at maturity.
• Guaranteed Pension Life Insurance (OWU na Życie z Gwarantowaną Emeryturą) Life insurance combining protection with a guaranteed pension benefit payout at retirement.
• Individual Pension Account (IKZE - Indywidualne Konto Zabezpieczenia Emerytalnego) Tax-advantaged individual retirement savings account structured as an insurance product, designed to accumulate additional retirement capital.
• Insurance Capital Funds (UFK - Ubezpieczeniowe Fundusze Kapitałowe) Unit-linked investment funds offered within Unum life insurance policies, with fund management provided by four Polish asset managers: Pekao TFI, Santander TFI, PKO TFI, and ESALIENS TFI. Generates revenue from policy administration and fund management fees.

Quantifiable outcome

• 79% of surveyed employees consider group life insurance an important benefit (CAWI survey by Unum, October 2022)
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Pekao TFI S.A.coreTechnology or IntegrationPekao TFI S.A. is one of four investment fund societies (TFI) whose funds are offered through Unum's unit-linked insurance products (UFK). Provides fund management for UFK Unum – Pekao Akcji – Aktywna Selekcja, UFK Unum – Pekao Stabilnego Wzrostu, and UFK Unum – Pekao Obligacji Plus.
• Santander TFI S.A.coreTechnology or IntegrationSantander TFI S.A. is one of four TFIs whose funds are offered through Unum's unit-linked insurance products (UFK). Provides UFK Unum – Santander Akcji Polskich, UFK Unum – Santander Stabilnego Wzrostu.
• PKO TFI S.A.coreTechnology or IntegrationPKO TFI S.A. is one of four TFIs whose funds are offered through Unum's unit-linked insurance products (UFK). Provides UFK Unum – PKO Akcji Polskich, UFK Unum – PKO Dynamicznej Alokacji, and UFK Unum – PKO Obligacji Skarbowych Średnioterminowych.
• ESALIENS TFI SAcoreTechnology or IntegrationESALIENS TFI SA is one of four TFIs whose funds are offered through Unum's unit-linked insurance products (UFK). Provides UFK Unum – ESALIENS Akcji, UFK Unum – ESALIENS Senior, and UFK Unum – ESALIENS Obligacji.
• MDRT (Million Dollar Round Table)minorOthersMDRT is a global, independent association of insurance and financial services professionals. Unum supports its sales network through MDRT membership and professional development resources (dedicated portal at mdrt.unum.pl).

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• PZU Życie: The life insurance arm of PZU, Poland's largest insurance group and the dominant market leader in individual and group life insurance. Direct competitor to Unum Życie in the same Polish customer base with comparable product lines including whole life, term, group, and unit-linked offerings.
• Nationale-Nederlanden: Major Polish life insurance provider offering individual and group life, pension, and investment-linked products. Direct competitor to Unum Życie in the Polish market with similar bancassurance and advisor-driven distribution.
• Aviva (Allianz-owned Polish life business): Polish life insurance carrier offering individual and group protection plus pension/UFK products. Directly comparable to Unum Życie in target market, product structure, and advisor-led sales motion.
• Vienna Life: Polish life insurance subsidiary of Vienna Insurance Group offering individual and group life, health, and pension products. Direct competitor to Unum Życie with similar product breadth and advisor distribution.
• MetLife Poland: Polish life insurance operations of MetLife, offering individual and group life and pension products. Comparable to Unum Życie as a multinational-affiliated carrier operating in the Polish market.
• Compensa Życie: Polish life insurance carrier (part of Vienna Insurance Group) offering individual and group life, accident, and health insurance. Direct competitor with overlapping product portfolio and broker distribution.
• Signal Iduna Życie: Polish life insurance subsidiary of the German Signal Iduna Group, focused on individual and group life/health products. Direct competitor to Unum Życie particularly in the SME group segment.
• UNIQA Polska: Polish insurance arm of Austrian UNIQA Group (which acquired AXA's Polish operations), offering life and non-life insurance. Comparable to Unum Życie in product scope and target segments.
• Generali Życie (Generali Polska): Polish life insurance operations of Generali Group, offering individual and group life, pension, and unit-linked products. Direct competitor to Unum Życie with similar advisor and broker distribution.

Emerging players

• ERGO Hestia: Polish insurance group offering life and non-life products through the ERGO Hestia and MTU brands. Comparable to Unum Życie in product diversification strategy and SME group insurance focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/unum-zycie-tuir-s-a

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Unum