Horace Mann Educators Corporation (NYSE:HMN) provides individual and group insurance and financial solutions that help America’s educators and others who serve the community achieve lifelong financial success.
Horace Mann was founded in 1945 by two Springfield, Illinois, teachers who saw a need for quality, affordable auto insurance for teachers. Since then, we’ve broadened our mission to helping all educators protect what they have today and prepare for a successful tomorrow. We’re motivated by the fact that educators take care of our children’s future, and we believe they deserve someone to look after theirs.
Through our Individual Insurance & Financial Services Division, we offer auto, property and life insurance, as well as retirement solutions. Through our Supplemental & Group Benefits Division, we provide a comprehensive suite of employer- and employee-paid benefits, such as group life, disability and specialty health insurance as well as supplemental products.
We are focused on creating long-term shareholder value and achieving our long-term objective of a double-digit return on equity. Since 2011, our combined book value and accumulated dividends have increased at a compound annual growth rate of 9%. Our Board of Directors approved dividend increases for 13 consecutive years, and we have completed $81 million in stock repurchases since 2011.