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ABOUT ULLICO INC.
Founded in 1927, The Union Labor Life Insurance Company (Ullico) is steadfastly committed to serving the needs of unions, union leaders, union employers and union members and their families. The Ullico family of companies offers group life and AD&D; disability; medical stop-loss; supplemental insurance, fiduciary and union liability; commercial lines products, alternative risk solutions, and investment products and services. Ullico’s experienced leadership team combines extensive product expertise with a deep understanding of labor and its challenges, which places it in a unique position to share knowledge and experience with unions and union workplace decision makers. And when working collaboratively with both unions and union employers, solutions are created that benefit all parties. It’s how the union workplace wins.
ULLICO INC. IS ORGANIZED AROUND 4 MAJOR DIVISIONS:
PROPERTY AND CASUALTY:
Ullico Casualty Group is the risk solutions provider for labor. To meet this special mission, we create insurance products designed to grow the labor movement. From our core Fiduciary Liability insurance for multiemployer and public benefit funds, to our Captive Solutions that reduce the cost of Workers' Compensation for unionized employers, Ullico Casualty Group is solving the risk problems of our labor affinity market. Recent upgrades by leading insurance rating agencies reflect the renaissance of Ullico Casualty Company as a leading provider of property and casualty insurance to labor.
LIFE AND HEALTH:
We provide group insurance products to unions, jointly managed trust funds, and organized employers and supplemental voluntary insurance programs directly marketed to union members, retirees and their families. We continue to play a vital role in serving the labor community, a role that began 80 years ago when we sold our first group life insurance policy responding to the needs of working men and women. Today, we continue to serve millions of union members across the country.
We offer products and services specifically designed for jointly managed pension funds. The unit’s diverse group of investment products are offered through The Union Labor Life Insurance Company and Ullico Investment Advisors and sold through the Ullico Investment Company (member FINRA/SIPC). The menu of product choices is broad and encompasses bonds, domestic, and international stocks in core, value and growth styles, as well as Union Labor Life’s signature real estate related products.
REAL ESTATE INVESTMENT GROUP:
The Real Estate Investment Group (REIG) originates, underwrites, and manages real estate mortgage and equity investmenst. REIG’s success is the result of consistent, disciplined underwriting, conservative loan structuring, and strong portfolio diversification and risk management practices.