Exhibit 99.2
Starmount Acquisition Fact Sheet
Strategic focus on expanding employee benefits
that promote financial security and well-being
Transaction Summary
| | • | | Price is $127 million plus net assets, funded from holding company cash and some incremental debt. We anticipate closing by the end of 3Q 2016. |
| | • | | Neutral to accretive to 2017 earnings per share. |
| | • | | No expense synergies assumed. |
| | • | | Share repurchase and common stock dividend outlook is unchanged from prior guidance. |
| | • | | Leverage, RBC ratios and holding company cash remain within target ranges. |
Company Profile
| | • | | Starmount is licensed in 49 states and the District of Columbia, selling dental and vision products. |
| | • | | Founded in 1983 and headquartered in Baton Rouge, Louisiana. |
| | • | | More than 220 employees. |
| | • | | Inforce annualized premium in excess of $180 million and more than 940,000 lives covered. |
| | ¡ | | consistent operating results |
| | ¡ | | strong customer persistency |
| | ¡ | | excellent customer satisfaction |
| | • | | Starmount provides a platform and network that is highly scalable. |
Dental Experience
| | • | | Unum has a recent history of successfully growing a dental business in partnership with United Concordia and Health Plan Services. |
| | • | | Total sales of $43 million in 2015. |
| | • | | Rapid growth since inception of partnerships in 2012 (Unum) and 2015 (Colonial Life). |
| | • | | Growth has come without a fully integrated offering. |
Growth Plan
| | • | | Staggered rollout over 2017-2018 to Unum and Colonial Life sales organizations. |
| | ¡ | | leverage size and scale of national distribution footprint |
| | ¡ | | leverage our strong brands and complementary products |
| | ¡ | | cross-sell opportunities to 170,000 current employer customers |
| | • | | Potential to grow premiums to ~$500 million in five years. |
