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CNO Financial Group operates as a financial services holding company, primarily delivering life insurance, annuity, and supplemental health insurance products. The company leverages a multi-channel distribution strategy, utilizing independent and career agents alongside direct-to-consumer outreach via television and mail. This approach allows CNO to offer a diverse portfolio of financial protection and retirement planning solutions to its clientele.
The company was founded in 1979 as Security National of Indiana Corp. by Stephen Hilbert. His initial strategy centered on acquiring underperforming, smaller insurance companies and subsequently centralizing their operations to realize significant cost efficiencies. This discerning business model propelled the company's early growth and expansion within the insurance sector.
CNO Financial Group serves over four million customers across the United States, focusing on securing the financial future of middle-income Americans. Its long-term vision involves consistently providing accessible and relevant insurance and financial products that meet the evolving needs of this demographic, ensuring stability and peace of mind for families and individuals. The company aims to remain a trusted partner in financial well-being.
Key people at CNO Financial Group.
CNO Financial Group was founded in 1979 by Stephen Hilbert (Founder).
CNO Financial Group was founded in 1979 by Stephen Hilbert (Founder).
Key people at CNO Financial Group.
CNO Financial Group has 4 tracked investments across 4 companies. The latest tracked deal is $37.0M Series B in Nayya in June 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 2, 2021 | Nayya | $37.0M Series B | Caroline XIE, Tilli Kalisky Bannett | BOW Capital, Felicis Ventures, Guardian Strategic Ventures, SemperVirens, Social Leverage, Unum Business Ventures |
| Oct 1, 2020 | Human API | $20.0M Series C | Marco Borges | BlueRun Ventures, CRV, MS&AD Ventures, OurCrowd, Rajan Anandan, Jonathan Boutelle, Noam Bardin, Allianz Life Ventures, Guardian Life, Moneta VC, Samsung Ventures, Paolo DE Martin |
| Oct 1, 2020 | Fabric Technologies | $18.0M Series B | CNO Financial Group | Bessemer Venture Partners, Bling Capital, Spero Ventures, Guardian Life, Nippon Life Insurance Company, Samsung Ventures, Securian Ventures |
| Nov 8, 2019 | Healthcare.com | $18.0M Series B | JIM Sanger | Axis Capital |