What companies are subsidiaries of CNO Financial Group?

Written by Editorial Team | Last Updated: August 2026

CNO Financial Group operates several prominent insurance and financial services subsidiary brands catering primarily to middle-income Americans and retirees. Companies and core brands owned by CNO Financial Group include Bankers Life (specializing in health and life insurance for retirees), Colonial Penn (known for direct-to-consumer life insurance policies), Washington National (supplemental health and life coverage), and Optavise (employee benefits and advocacy solutions).

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CNO Financial Group is a major American financial services holding company headquartered in Carmel, Indiana, specializing in consumer-focused insurance and retirement products.

Within CNO Financial Group, the letters CNO trace their historical origin to the legacy enterprise Conseco, which served as the foundational parent company before undertaking strategic restructuring, asset divestitures, and a comprehensive corporate ...

Employee feedback regarding CNO Financial Group typically emphasizes structured corporate environments, comprehensive employee benefit plans, and opportunities for professional growth within insurance administration and financial services.

CNO Financial Group's primary operating insurance subsidiaries, such as Bankers Life and Casualty Company, have historically maintained an "A-" (Excellent) financial strength rating from A.M. Best.

In the corporate insurance and financial services sector, CNO in CNO Financial Group stands historically as a streamlined corporate brand identity derived from the legacy names of its foundational operating companies, most notably Conseco, which unde...

CNO Financial Group is headquartered in Carmel, Indiana, United States. Situated in the northern Indianapolis metropolitan area, its primary corporate office campus serves as the central executive and administrative hub for the enterprise.

CNO Financial Group maintains its corporate headquarters at 11825 North Pennsylvania Street in Carmel, Indiana, United States.

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