- CNO Financial Group, headquartered in Carmel, Indiana, specializes in life and health insurance, annuities, and financial services, serving middle-income America with a portfolio of 3.3 million policies and total assets of $38.3 billion.
- In 2025, CNO Financial reported a net operating income of $439 million, or $4.40 per diluted share, achieving significant growth with a 15% increase in total new annualized premiums, marking a record year for the company.
- CNO operates through several brands including Bankers Life, Colonial Penn, and Washington National, and has built a network of over 6,500 independent partner agents to enhance its market reach.
- CNO's ideal customers are middle-income pre-retirees and retirees, addressing their health, income, and retirement needs, making it a crucial player for sales teams focusing on financial security solutions.
CNO Financial Group operates with a diverse departmental structure, comprising 16 distinct departments. The largest department is Operations, with a headcount of 324, followed by Information Technology at 175 and Finance at 114. This distribution indicates a strong emphasis on operational efficiency and technological support, essential for the insurance industry. The balanced presence of departments such as Community and Social Services, Human Resources, and Engineering further underscores the company's commitment to comprehensive service delivery and employee support.
CNO Financial Group maintains a broad geographic footprint with 110 locations, primarily concentrated in Carmel, IN, which houses 537 employees. Other significant locations include Chicago, IL, with 88 employees, and Indianapolis, IN, with 42. The large category labeled 'Other' accounts for 490 employees across various locations, indicating a distributed workforce model that supports flexibility and regional service delivery. This geographic distribution allows the company to effectively cater to diverse markets while maintaining operational efficiency.