Why Companion?
Companion Life Insurance Company has proudly provided top-notch service to our clients since 1971. We offer group and voluntary insurance products as “companions” to medical coverage. We’re small enough to give you personalized attention, and we have the stability and resources to give you the support you may need. We value our relationships with our partners and policyholders, and we’re here to deliver a full suite of insurance coverage and products.
When you work with Companion Life, you might notice we do things a little differently. That’s because, for more than 50 years, our partners have been our top priority. We are here to serve you with a commitment to accessibility and responsiveness.
Strong relationships built on integrity and trust
Our partners, brokers, general agents and managing general underwriters have our full commitment and support.
Product flexibility and creativity
We follow best practices of the insurance industry while constantly seeking creative new ways to serve our customers’ unique needs.
A willingness to cooperate and listen for solutions
We want to hear what you need from us. We stand ready to listen and find innovative solutions that will work for you and your clients.
Accessibility to upper management
We welcome feedback and new ideas. If you have a suggestion, we encourage you to connect directly with one of our key decision makers.
Responsive, dedicated team
We know there’s nothing more important than relationships in business. We will collaborate and work alongside you as your partner.
Financial and organizational stability
We have a rock-solid foundation and a reputation for excellence built over 50 years. You can trust we have the resources you need to thrive.
Our History
Companion Life was born in July 1971 in Columbia, South Carolina. What started out as a small life insurance company with about 10 staff members now has 105 employees, sells a variety of insurance products, and continues to build upon a solid foundation of strength and stability.
In 1989 – 1990, Companion Life began to work with a network of agents and general agents across the country to sell its products nationwide. Since then, it has continued to expand its offerings to serve a wider range of customers. For 21 years running, it’s received an A+ rating for financial strength from credit rating agency AM Best Company.*
*Rating as of Dec. 20,2022. For the latest rating, access www.ambest.com. The rating represents an independent opinion from the leading provider of insurer ratings of a company’s financial strength and ability to meet its obligations to policyholders.
Our Leadership
John Wilbur
Companion Life President
Diane Silvers
Vice President
Billy Pickens
Vice President and Chief Financial Officer
Michael Flock
Vice President, Risk Management, Chief Risk Officer
Andy Folsom
Vice President, Strategic Growth
Mark Smidt
Vice President, Accident and Health
Rick Williams
Vice President, Actuarial
Wendy Nesmith
Vice President, Compliance and Product Development
Sean K. King
Assistant Vice President, IT | Chief Security Officer
Paul Peter
Assistant Vice President, Underwriting Administration
Spann Laffitte
Asst Vice President, Head of Employee Benefits Sales
Tom Kaste
AVP, Accident & Health Underwriting
Stephanie Cooper
Assistant Vice President, Employee Benefits Oversight
Our Family of Companies
Stop Loss Divisions