United American Insurance Company

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United American Insurance Company
Type Subsidiary of Torchmark Corporation
Industry Life insurance
Founded 1947
Founder(s) C.L. Dunlap
Headquarters McKinney, Texas
Area served United States
District of Columbia
Key people Vern D. Herbel, CEO
Products supplemental health
and life insurance
Website http://www.unitedamerican.com

United American Insurance Company (UA), based in McKinney, Texas, provides supplemental life, health, and accident coverage. UA was founded in 1947. Today, UA operates in 49 states, the District of Columbia, and has approximately 1,000 people working in the Home Office. UA New York, our individual insurance business, is conducted through United American's subsidiary, First United American Life Insurance Company. An independent Agent system is employed to deliver life and Medicare supplement coverages to customers living in this state. The company is a wholly owned subsidiary of Torchmark Corporation (NYSE: TMK), based in McKinney, Texas.


United American had one employee when it began in 1947 – C.L. Dunlap, Founder and President. During the first year of operation, two more people came on board – W.H. Coleman Jr., a CPA, and Kay Holt, their secretary. Later, they were joined by J.A. Graham, then R.B. Donovan in 1951. This team of leaders charted a course of step-by-step development and expansion. In 1955, United American moved into The Insurance Center, located in downtown Dallas. When Medicare was signed into law in 1966, the company made the decision to focus its attention on the individual health market with an emphasis on Seniors.

In 1976, the company began searching for a new home office to accommodate its 400 employees. Within a year, staff started transitioning into the East Building in Dallas. In 1981, United American became a member of Torchmark Corporation, a financial services holding company listed on the New York Stock Exchange. Now with 500 employees, United American realized space for future growth was essential, so in 1996, the company moved 30 miles north of Dallas to McKinney. Ten years later, Torchmark announced the relocation of its corporate headquarters from Birmingham, Alabama to McKinney. United American is one of the largest nationwide underwriters of individual Medicare Supplement insurance.[1]

For more than 35 consecutive years, United American has earned the A+ (Superior) Financial Strength Rating from A.M. Best Company (as of June 2013). UA is also rated AA- “Very Strong” for Financial Strength by Standard & Poor's (as of September 2012).[citation needed]

United American has more than $1.7 billion in assets. The company has more than $780 million of insurance in force and more than 500,000 policies in force (as of December 2011).[citation needed]


Vern D. Herbel began his career with Torchmark's Globe Life And Accident Insurance Company in 1986. He was promoted to Executive Vice President of United American in 2002, then President of United American Insurance Company in 2004. Since 2004, Herbel has served as Chief Executive Officer at United American Insurance Company. He has also been the Chief Administrative Officer and Executive Vice President of Torchmark Corp. since April 12, 2006.


  1. ^ NAIC Medicare Supplement Loss Ratios, 2010 Medicare Supplement Insurance Experience Reports, June 2011