Horace Mann Educators

Horace Mann Educators is an American insurance and financial services company that specializes in providing insurance and retirement solutions to educators and their families. The company was founded in 1945 by two Illinois educators, and over the years it has grown to become one of the largest insurance and retirement services providers in the country.
Horace Mann offers a variety of insurance products, including auto, home, life, and disability insurance, to educators and their families. They also offer retirement planning services, such as 403(b) and 457(b) plans, to help educators save for retirement.
The company's mission is to provide peace of mind and financial security to educators and their families. They strive to offer competitive rates, personalized service, and valuable educational resources to their customers.
Horace Mann is headquartered in Springfield, Illinois and operates in all 50 states. They have over 3,000 employees and a network of over 1,200 agents who are dedicated to serving the needs of educators.
In addition to their insurance and retirement services, Horace Mann also has a strong commitment to philanthropy and community involvement. They support various organizations and programs that promote education, literacy, and teacher recognition.

There are several factors that make Horace Mann Educators a unique company in the insurance industry:
1. Focus on educators: Horace Mann Educators was founded by two teachers in 1945 and has remained dedicated to serving the insurance and financial needs of educators ever since. This specialization sets them apart from other insurance companies and allows them to better understand and cater to the unique needs of educators.
2. Community involvement: The company is deeply involved in supporting education and giving back to local communities. They offer grants, scholarships, and volunteer opportunities to support educators and students.
3. Diverse product offerings: Horace Mann Educators provides a wide range of insurance and financial products specifically designed for educators, including auto, home, life, and retirement solutions. This comprehensive approach allows educators to conveniently and confidently manage all their insurance needs with one company.
4. Strong financial stability: With over 75 years of experience and an A- (Excellent) rating from A.M. Best Company, Horace Mann Educators has a proven track record of financial strength and stability. This provides customers with peace of mind knowing their policies are backed by a financially sound company.
5. Personalized service: The company prides itself on providing personalized service and building long-term relationships with its customers. Educators can work directly with their local Horace Mann agent to tailor coverage and receive personalized support and advice.
6. Commitment to diversity and inclusion: Horace Mann Educators is committed to diversity and inclusion and is dedicated to promoting a culture of equality within the company. They have a diverse workforce and offer programs to support and empower women and minority groups.

The Horace Mann Educators company is a financial services company that specializes in providing insurance and retirement solutions to educators and their families. Their business model focuses on developing and offering innovative products and services that cater to the unique needs of educators, such as educator-specific insurance policies and retirement planning options. They also work to build strong relationships with their customers, primarily through partnerships with educational organizations, schools, and colleges. The company's goal is to help educators achieve financial security and peace of mind, allowing them to focus on their important work of educating the future generation.

1. The Horace Mann Educators Corporation is an insurance and financial services company that focuses on providing products and services to educators and their families. It was founded in 1945 by two teachers, Vern Rayburn and Carrol Hall.
2. The company was originally called the Illinois Education Association Mutual Insurance Company and was formed to provide auto insurance to teachers.
3. The company changed its name to Horace Mann Educators Corporation in 1952, in honor of Horace Mann, a prominent educator and politician from the 19th century.
4. Horace Mann Educators Corporation is headquartered in Springfield, Illinois and operates in all 50 states.
5. The company offers a variety of insurance products including auto, home, life, and disability insurance, as well as retirement annuities, mutual funds, and 529 college savings plans.
6. Horace Mann Educators Corporation has a strong commitment to education and supports various initiatives and organizations that promote educational excellence.
7. The company is listed on the New York Stock Exchange under the ticker symbol HMN.
8. As of 2021, Horace Mann Educators Corporation has over 65,000 active auto policies, over 136,000 active property policies, and over $11 billion in assets.
9. In 2020, Horace Mann Educators Corporation was ranked #591 on the Fortune 1000 list of America’s largest companies.
10. The company has received numerous awards and recognitions for its commitment to diversity and inclusion, customer satisfaction, and corporate social responsibility.
See Company Due Diligence: