Combined Insurance Company Of America

Combined Insurance Company of America is a global provider of supplemental insurance, including accident insurance, life insurance, and critical care coverage. The company operates in North America, Latin America, Europe, and the Pacific. It was founded in 1922 by W. Clement Stone with a borrowed $100 and was initially named Combined Registry Company. The company weathered the Great Depression and in 1939, Stone created the Combined Mutual Casualty Company. In 1947, the company changed its name to Combined Insurance Company of America. The company expanded its operations to Canada in 1956 and to Australia, Puerto Rico, the Bahamas, England, and Northern Ireland between 1959 and 1963. In 1980, the company formed a holding company, Combined International Corporation, which traded publicly on the New York Stock Exchange. In 2008, the company was sold to ACE Limited for $2.56 billion. The company is headquartered in Chicago, Illinois. Combined Insurance offers several types of insurance policies, including accident, accident and sickness, critical care, cancer, life, and Medicare supplement coverage. The company also offers supplemental insurance to complement existing employer benefits programs and provides niche insurance products including student accident and health insurance, employer group vision insurance, and other group accident and health products.