combined insurance company of america - chicago

Name

combined insurance company of america - chicago

Legal name

Combined Insurance Company of America

Website

https://combined.com

Company type

Private

Founded year

1919

Operating status

Operating

Ownership category

akta.pro rank

Product category

Supplemental Insurance

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411), Direct Health and Medical Insurance Carriers (524114), Insurance Carriers (5241)

SIC

Accident & Health Insurance (6321), Life Insurance (6311)

akta.pro primary industry

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

akta.pro secondary industries

Standalone Critical Illness Insurance (FSAIAKAA), Group Whole Life (Limited/Continuous Pay) (FSAIADAE), Small Group Health Insurance (2–50/100) (FSAIAFAD)

Keywords

• Supplemental insurance
• Accident insurance
• Disability insurance
• Cancer insurance
• Critical illness insurance

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Combined Insurance generates revenue through the collection of insurance premiums from policyholders. The company offers supplemental health, accident, disability and life insurance products for employers and individuals, with policies providing cash benefits to supplement traditional medical insurance.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Combined Insurance Company of America provides supplemental insurance products—including accident, cancer, critical illness, disability, hospital, and life coverage—that pay cash benefits directly to policyholders to fill gaps left by primary medical insurance. The company operates two go-to-market brands: the "Combined" brand sells to individuals, families, and small businesses through independent agents, while "Chubb Benefits Workplace Solutions" serves mid-to-large employers through brokers and benefits consultants.

Product overview

Combined Insurance Company of America, a Chubb company, is a supplemental insurance provider offering a portfolio of individual and employer-sponsored insurance products. The company operates two primary brands: the Combined brand (for individuals and small businesses through independent agents) and Chubb Benefits Workplace Solutions (for mid- and large-market employers via brokers). The product lineup centers on supplemental health and insurance coverage designed to fill gaps in traditional medical insurance, providing cash benefits. Core consumer products include Accident Protector, Cancer Protector, Critical Care Protector, Income Protector (disability), Hospital Insurance, and Family Life Protector. These are complemented by employee benefits packages for businesses and the Combined Connections discount program. The company also provides a self-service digital portal for policyholders.

Differentiator

Problem solved

Functional benefit

Brands

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

Products and services

• Accident Protector (Accident Insurance)

Named customers2 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• SedgwicksupportingImplementation/ SI/ Consulting PartnerSedgwick serves as the claims administrator for Combined Insurance in Ireland, handling claim form processing and claims management services for policyholders.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Aflac: Aflac is the dominant US supplemental insurance carrier, offering accident, cancer, critical illness, hospital indemnity, and life insurance products through worksite/payroll-deduction and agent channels. Directly competes head-to-head with Combined Insurance's Combined brand across virtually the same product suite and individual/SMB target market.
• Unum Group: Unum is a major provider of disability, life, and supplemental health insurance products sold primarily through brokers and benefits professionals to employers and individuals. Strong overlap with Combined Insurance's Income Protector (disability), hospital indemnity, and group life offerings via similar broker/employer distribution.
• Globe Life: Globe Life provides life and supplemental health insurance (including accident and cancer policies) to middle-income Americans via agent-driven and direct response channels. Closely comparable to Combined Insurance on customer demographic, product mix (supplemental cancer/accident/life), and distribution approach.
• Mutual of Omaha: Mutual of Omaha offers supplemental accident, cancer, critical illness, and Medicare Supplement insurance through agent and employer channels targeting individuals and small businesses. Highly comparable product portfolio and similar independent-agent-driven distribution model targeting overlapping demographics.

Broad incumbents

• Allstate Benefits: Allstate Benefits (part of Allstate) offers supplemental accident, critical illness, cancer, disability, and life insurance to employers and individuals through workplace benefits brokers. Overlaps with Combined's Chubb Benefits Workplace Solutions division on mid-to-large employer group sales of supplemental coverage.
• MetLife: MetLife is a major global insurance carrier offering group and individual disability, life, accident, and supplemental health products through employer and broker channels. Competes with Combined Insurance across life, disability, and accident categories, particularly in mid/large employer group benefits.
• Prudential Financial: Prudential is a large diversified insurer offering group life, disability, and supplemental health products via broker and benefits consultant channels. Comparable to Combined Insurance's group life (Family Life Protector) and Income Protector (disability) lines sold through Chubb Benefits Workplace Solutions.
• Cigna Group: Cigna is a major health services and insurance carrier offering supplemental health, accident, and critical illness products alongside its core medical and dental lines. A direct competitor in the supplemental space through employer-sponsored and individual channels, though as part of a much broader health services portfolio.
• Lincoln Financial Group: Lincoln Financial offers group disability, accident, critical illness, cancer, and life insurance through broker and worksite channels targeting mid-to-large employers. Directly competes with Combined Insurance's employer-focused supplemental benefits portfolio, especially through broker distribution.
• Anthem (Elevance Health): Anthem/Elevance Health is a major health insurer increasingly bundling supplemental-style riders (critical illness, accident, hospital indemnity) into employer benefit offerings. Represents competitive threat as a major medical carrier closing the supplemental coverage gap that Combined Insurance historically filled.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Combinedna
• Facebookfacebook.com/CombinedNA
• LinkedInlinkedin.com/company/combinedna
• Instagraminstagram.com/combined_insurance

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 of america - chicago