When the North America's Building Trades Unions (NABTU) meets for its annual Legislative Conference in April, Ullico will be there. As a labor-owned insurance and investment company, Ullico's history with the building trades is long and deep. In fact, nearly 75 percent of Ullico's shareholders are building trades unions. "The building trades have always been a big part of this organization," says Ed Smith, president and CEO of Ullico.
With the funding support of building trades unions, programs like Separate Account J (J for Jobs) have created thousands of union jobs around the country while seeking competitive returns for their investment funds.
The leadership of the building trades in the union workplace is also reflected in Ullico's history. More than half the directors on Ullico's current board belong to the building trades. "The leadership of this company has been supported and well represented by the building trades," says Ed Smith, president and CEO, Ullico. "They've always had a seat at the table."
Ullico has proudly been linked with the building trades for more than 85 years…and here's to many more!