"Aflac is proud to sponsor this exciting academic contest as it will showcase the best and the brightest of the 14 schools representing the Southeastern Conference."                                                                                    — Max Brodén, Aflac Vice President, Chief Financial Officer and Treasurer

Aflac, a leading provider of supplemental insurance products in the U.S, will serve as title sponsor for the Eighth SEC MBA Case Competition, hosted virtually April 15-17 by the Raymond J. Harbert College of Business. Harbert College was scheduled to host the event in April 2020, but COVID-19 forced its postponement.

“Having a popular brand like Aflac as title sponsor for the SEC MBA Case Competition has been such a tremendous win for the Harbert College, Auburn University, and the Southeastern Conference,” said Jim Parrish, Executive Director of Full Time and Online Graduate Programs at the Harbert College, who also organizes the college’s SEC MBA Case Competition activities.

“Aflac, with a renowned reputation as a community leader and an international leader in the insurance industry in both the United States and Japan, has been an excellent partner. Their insights and experiences have been such a huge help in moving and developing what will be a first-rate experience for the students involved. I cannot thank them enough for the opportunity to see how their company operates and the issues they face.

“The connection of industry and education is always paramount. This is going to be an incredible experience for our students and the those from our peer MBA programs within the SEC because our corporate partner is so readily involved and wants to be engaged at such a high level.”

Aflac will provide teams of four students representing all 14 Southeastern Conference universities with a business-pertinent issue, on the morning of Friday, April 16. Teams must quickly analyze the situation and offer respective strategies and solutions before industry professionals judge the outcomes via Zoom on the morning of Saturday, April 17. Four teams will compete for a prize pool of $20,000 in the Saturday, April 17 afternoon final round.

“The events that occurred over the past year revealed the tremendous need to continuously develop bright, young professionals who can quickly adapt and contribute to finding solutions for expected and unforeseen challenges,” said Aflac Executive Vice President, Chief Financial Officer and Treasurer Max Brodén. “Aflac is proud to sponsor this exciting academic contest as it will showcase the best and the brightest of the 14 schools representing the Southeastern Conference. We are excited to see how these top students strategize their approach to these complex scenarios.”

Students will make 20-minute presentations before the corporate judges, followed by a 15-minute question and answer session. The students' identities and their college affiliations will not be revealed to judges to ensure impartiality.

Parrish believes Harbert College is an SEC trailblazer for hosting the event in virtual circumstances.

“Obviously, we had hoped to host the event in-person last April at our newly-completed Horton-Hardgrave Hall, but we also take great pride in being the first SEC school to host this great event virtually in 2021,” Parrish added. “The way that our resources came together to make this a huge success says a lot about how much people care about the Harbert College.

“We hope the 2022 SEC MBA Case Competition will return to an in-person format, but if for some reason it must be remote, we believe we will have set the foundation for how you can host a virtual event. If needed, I’m hoping we can be a model, a roadmap, for future events to follow.”

About the Harbert College of Business

The Raymond J. Harbert College of Business at Auburn University is a nationally ranked hub of undergraduate, graduate and continuing business education that is inspiring the next generation of business leaders. Our world-class faculty deliver unparalleled academic rigor in the classroom, while our research-driven scholarship advances thought leadership and best practice in emerging business disciplines. Our alumni, friends, and corporate partners actively support and engage our faculty and students to integrate business theory with practical experience and instill the level of professional proficiency and personal integrity demanded by employers around the globe. Learn more at harbert.auburn.edu.

About Aflac Incorporated

Aflac Incorporated (NYSE: AFL) is a Fortune 500 company helping provide protection to more than 50 million people through its subsidiaries in Japan and the U.S., where it is a leading supplemental insurer, by paying cash fast when policyholders get sick or injured. For more than six decades, insurance policies of Aflac Incorporated's subsidiaries have given policyholders the opportunity to focus on recovery, not financial stress. Aflac Life Insurance Japan is the leading provider of medical and cancer insurance in Japan where it insures 1 in 4 households. For 15 consecutive years, Aflac Incorporated has been recognized by Ethisphere as one of the World's Most Ethical Companies. In 2021, Fortune included Aflac Incorporated on its list of World's Most Admired Companies for the 20th time, and Bloomberg added Aflac Incorporated to its Gender-Equality Index, which tracks the financial performance of public companies committed to supporting gender equality through policy development, representation and transparency, for the second consecutive year. To find out how to get help with expenses health insurance doesn't cover, get to know us at aflac.com. Investors may learn more about Aflac Incorporated and its commitment to ESG and social responsibility at investors.aflac.com and esg.aflac.com.