Profile

Kemper Corporation is an insurance provider in the United States with corporate headquarters in Chicago, Illinois. With $13 billion in assets, the Kemper family of companies provides insurance for individuals, families and businesses. Today's Kemper Corporation was originally founded as Unitrin, Inc. in April 1990, when it was spun off from Henry Singleton's conglomerate Teledyne. Singleton expected the new venture to duplicate the successful spin off of the Argo Group, originally a worker's compensation insurance provider, created in 1986. Argonaut's original $20 per share stock appreciated 240 percent by 1990.[citation needed]