CHARLOTTE, N.C., Nov. 9, 2017 /PRNewswire/ -- Empowered Benefits,
a benefits administration and enrollment software company owned by
Aflac Inc., the leading provider of voluntary insurance sales at
the worksite in the U.S., today unveiled its newly renovated
high-tech offices located at 525 North Tryon Street in Charlotte, North Carolina (9th
floor). Following a $3 million
investment to accommodate recent growth for the business, the new
office space reflects the company's status as a digital,
full-service transformation company. In addition to the new space,
the branding of Empowered Benefits has been changed to "Empowered,"
a move designed to highlight the wide range of services that the
company provides for clients in an increasingly digital environment
geared for speed.
Leading executives from Aflac attended the ribbon-cutting event,
including Chief Financial Officer Fred
Crawford and Aflac Corporate Ventures President Nadeem Khan.
"For more than 60 years, Aflac has been in the business of
helping people when they need us most, and we have accomplished
that through hard work, innovation and technology," Crawford said.
"We believe in simplifying people's lives, and that sentiment is
what we want to demonstrate whenever someone walks through these
doors. We want them to be Empowered to help find solutions for our
customers."
"We see the possibilities that lie before us as limitless, and
we want a company name and a work environment that not only reflect
our optimism, but also inspire the best from every one of our
employees," Khan said. "It is only fitting that our name and our
brand should be without limitations, as well. So, starting today,
we are Empowered: empowered to do great things; empowered to lead;
and empowered to leverage our expertise and knowledge to uncover
better ways of doing things."
At a time when benefits enrollment and administration have
become increasingly complex, Empowered provides a cloud-based
benefits administration solution and state-of-the-art enrollment
software, including Aflac's Everwell benefits program, which is now
being used by more than 162,000 businesses across the country. The
volume of business at Empowered has more than tripled in size since
Aflac purchased the company in 2015, so Aflac is investing in
Charlotte and Empowered with a
plan to grow and bring more talent to a region of the country that
is already viewed by many as the financial center of the South.
While making the renovations, the Empowered team worked closely
with architects, designers and builders to create a space that
inspires creative thinking and innovation. The goal was to create
an environment that sparks new ideas – and empowers each employee
to expand their creativity as Empowered continues to transform its
culture and identity into a premier digital innovation center. All
told, the newly expanded office has grown from 14,000 square feet
to 30,500 square feet.
In addition to Empowered Benefits, earlier in 2017 Aflac
announced a $100 million Venture
Capital Fund, headquartered in Charlotte. Aflac Corporate Ventures, which is
a core part of Empowered's growth strategy, is pursuing investment
opportunities with early-stage companies whose mission is relevant
to Aflac's core business and designed to help the company enhance
its strategic and innovative focus.
Media contacts – Jon
Sullivan, 706.763.4813 or jsullivan@aflac.com
Aflac analyst and investor contact – David A. Young, 706.596.3264 or 800.235.2667,
FAX 706.324.6330, or dyoung@aflac.com
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SOURCE Aflac