Unum elects Susan L. Cross to board of directors

CHATTANOOGA, Tenn.–(BUSINESS WIRE)–Unum Group (NYSE: UNM) announced today that Susan L. Cross, the former
executive vice president and global chief actuary at XL Group Ltd (now
AXA XL) in Bermuda, has been elected to serve as a director of the
company.


At XL, Cross developed and led actuarial and analytical functions in
support of global growth and strategy. During her tenure, she realigned
actuarial functions to build collaborative focus on business goals,
established a predictive analytics unit, and advised on complex mergers
and acquisitions. Cross was a founding member of XL’s enterprise risk
committee.

“We are very fortunate to have Susan bring her experience in the global
insurance industry to our board,” said Kevin Kabat, chairman of the
board of Unum Group. “Her expertise in this competitive and complex
market will make her a valuable voice for Unum Group and our board.”

Cross served as executive vice president and global chief actuary at XL
from August 2008 until September 2018, and before that served as global
chief actuary beginning in 2006. She served as chief actuary of XL’s
reinsurance operations from 2004 to 2006, and held various actuarial
positions in XL’s insurance and reinsurance operations after joining the
company in 1999. Prior to joining XL, Cross was a principal and
consulting actuary at Tillinghast-Towers Perrin.

As a member of the Unum Group board, Cross will serve on the audit
committee and the risk and finance committee.

Cross has been named among the 100 Influential Women in Re/Insurance by Intelligent
Insurer
in 2015; 40 Influential Women in Reinsurance by Intelligent
Insurer
in 2014; and Women to Watch by Business Insurance in
2008. She is a fellow of the Casualty Actuarial Society, a member of the
American Academy of Actuaries, and an associate of the Society of
Actuaries. She received her bachelor’s degree in mathematics from the
University of Maryland.

About Unum
Unum Group (www.unum.com)
is a leading provider of financial protection benefits in the United
States and the United Kingdom. Its businesses are Unum US, Colonial
Life, Unum UK, and Unum Poland. Unum’s portfolio includes disability,
life, accident and critical illness, dental and vision coverage, which
help protect millions of working people and their families in the event
of an illness or injury. Unum also provides stop-loss coverage to help
self-insured employers protect against unanticipated medical costs. The
company reported revenues of $11.6 billion in 2018 and provided nearly
$7 billion in benefits.

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