What COMBINED INSURANCE COMPANY does

Combined Insurance Company of America is a supplemental insurance provider operating as a subsidiary of Chubb Ltd. (NYSE: CB). Founded in 1900, the company offers six core product lines: accident, cancer, critical illness, disability, life, and hospital indemnity insurance. It serves two distinct customer segments through a dual-brand architecture: the 'Combined' brand targets individual consumers and small businesses via independent agents and brokers, while 'Chubb Benefits Workplace Solutions' addresses mid-to-large employers through brokers and benefits consultants.

The company is rated A+ (Superior) by AM Best and A+ by the Better Business Bureau, and is HIPAA compliant. Its distribution relies entirely on intermediary channels rather than direct-to-consumer sales, and the technology stack disclosed in available data is limited to a customer self-service portal. No proprietary AI/ML underwriting or claims capabilities are referenced.

Combined Insurance generates revenue through premium income across its six supplemental product lines, monetizing low-to-moderate-premium policies at high volume across individual, small-business, and employer-group segments. Operations extend across the United States, Canada, the United Kingdom, Ireland, Germany, Portugal, Australia, and New Zealand, with Chubb providing capital backing, reinsurance capacity, and cross-sell leverage into broader commercial and personal lines.

Name

COMBINED INSURANCE COMPANY

Legal name

Combined Insurance Company of America

Website

https://combined.com.au

Company type

Private

Founded year

1900

Operating status

Operating

Headcount range

11–50 employees

Short description

Combined Insurance Company of America, a Chubb Ltd. subsidiary, provides supplemental insurance (accident, cancer, critical illness, disability, life, hospital) to individuals and small businesses via the Combined brand and to mid-to-large employers via Chubb Benefits Workplace Solutions.

Ownership category

akta.pro rank

Product category

Supplemental Insurance

NAICS

Direct Health and Medical Insurance Carriers (524114), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Accident & Health Insurance (6321)

akta.pro primary industry

Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident) (FSAIAEAD)

akta.pro secondary industry

Small Group Health Insurance (2–50/100) (FSAIAFAD)

Keywords

• Supplemental health insurance
• Accident insurance
• Critical illness insurance
• Employee benefits solutions
• Voluntary insurance products

Headquarters

HQ city

Latham

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Combined Insurance generates revenue through insurance premiums collected from policyholders for supplemental health, accident, disability, and life insurance coverage. The company offers policies that provide cash benefits to supplement traditional medical insurance.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Combined Insurance Company of America underwrites and sells supplemental insurance products that provide cash benefits to supplement traditional medical insurance coverage. Its product portfolio includes Accident, Critical Illness, Cancer, Disability, Life, and Hospital Insurance, sold under the Combined brand to individuals and small businesses and under the Chubb Benefits Workplace Solutions division to mid- and large-market employers.

Product overview

Combined Insurance Company of America offers a portfolio of supplemental insurance products designed to fill coverage gaps left by traditional medical insurance. The company operates under two brands: the Combined brand serving individuals and small businesses through independent agents and brokers, and Chubb Benefits Workplace Solutions targeting mid- and large-market employers. The core product lineup includes six supplemental insurance types: Accident Insurance, Critical Illness Insurance, Cancer Insurance, Disability Insurance, Life Insurance, and Hospital Insurance. These products provide cash benefits that supplement traditional medical coverage. An additional offering, Combined Connections, provides members with access to premier discounts on everyday goods and services.

Differentiator

Problem solved

Functional benefit

Brands

• Combined: Supplemental benefits brand serving individuals and small businesses in the U.S. and Canada through independent agents and brokers.
• Chubb Benefits Workplace Solutions

Products and services

• Accident Insurance Coverage for slips, falls, and accidents providing cash benefits to supplement traditional medical insurance for individuals, families, and employees.
• Critical Illness Insurance Coverage for a variety of serious illnesses, providing financial protection when diagnosed with critical conditions, for individuals and families.
• Cancer Insurance A plan designed to cover costs associated with cancer diagnosis and treatment, providing financial support during a difficult time for policyholders and their families.
• Disability Insurance Insurance protection for employees' paychecks, helping replace lost income due to disability for individuals and employee benefits packages.
• Life Insurance Life insurance benefits families can rely on, providing financial security for loved ones when the policyholder passes away.
• Hospital Insurance Coverage to offset out-of-pocket costs from a covered hospital stay, supplementing traditional medical coverage for individuals and employees.
• Combined Connections Premier discounts program providing policyholders access to discounts on goods and services used every day.
• Chubb Benefits Workplace Solutions Employee benefits package offerings for mid- and large-market employers, including supplemental coverage options for employees, sold through brokers and benefits consultants.

Quantifiable outcome

• 77% of employees would consider leaving their jobs due to poor benefits
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• ChubbcoreOthersCombined Insurance Company of America is a Chubb company, operating as part of the Chubb group of insurance companies. The company is powered through Chubb and operates under the Chubb brand for its Workplace Solutions division.

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Aflac: Aflac is the U.S. market leader in supplemental insurance — primarily cancer, accident, and hospital indemnity policies sold at the worksite and to individuals — making it the most directly comparable peer to Combined's product set and distribution model.
• Colonial Life: Colonial Life specializes in supplemental accident, cancer, hospital, and disability benefits sold through worksite enrollment and benefits brokers, overlapping heavily with Combined's product line and small-business distribution model.
• Lincoln Financial Group: Lincoln Financial offers group disability, life, dental, and supplemental health products to mid- and large-market employers through broker and benefits consultant channels — directly comparable to Chubb Benefits Workplace Solutions.
• Unum Group: Unum provides group disability, life, accident, and critical illness insurance through employer benefit plans in the U.S., directly competing with Combined's Chubb Benefits Workplace Solutions division in the mid- and large-market employer segment.
• Allstate Benefits: Allstate Benefits is the supplemental health, accident, disability, and life insurance arm of Allstate, sold through employer worksite channels — a near-identical product portfolio and GTM motion to Combined.

Broad incumbents

• MetLife: MetLife is a global incumbent insurer with a sizable U.S. group benefits business offering disability, life, dental, accident, and critical illness coverage to employers — a broader portfolio than Combined but with overlapping products.
• Humana: Humana offers supplemental insurance products — including dental, vision, and accident coverage — through employer and individual channels, overlapping with Combined's portfolio in the supplemental benefits space.
• Cigna (Supplemental Health): Cigna offers supplemental accident, critical illness, and hospital indemnity insurance as part of its broader health and benefits portfolio, competing in the same employer-sponsored supplemental benefits space as Combined.
• Aetna (CVS Health): Aetna, as part of CVS Health, sells supplemental hospital indemnity, accident, and critical illness plans alongside its major medical offerings — competing with Combined in employer-sponsored supplemental benefits.

Emerging players

• Voya Financial: Voya's Employee Benefits segment provides group disability, life, and voluntary supplemental benefits to mid-market employers through broker channels — a smaller but rapidly growing direct competitor to Combined's enterprise division.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Combinedna
• Facebookfacebook.com/CombinedNA
• LinkedInlinkedin.com/company/combined-insurance-company
• Instagraminstagram.com/combined_insurance

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 COMBINED INSURANCE COMPANY