Assurant Inc (Assurant) is a provider of insurance products and risk management solutions. The company provides a wide range of non-life insurance products. It offers insurance products for renters, lender-placed, home, vehicle, flood, and manufactured housing. It also offers electronics, appliances and jewelry protection insurance, mobile protection insurance, and pre-paid funeral arrangements insurance. The services offered by the company include administrative services, property risk management services, underwriting services, and claims management services. It offers these products to individuals and corporate customers. It has presence in the US, Canada, Puerto Rico, India, Colombia, Australia, South Korea, Japan, the Netherlands, Argentina, Brazil, Chile, Mexico, Peru, New Zealand, Singapore, France, Germany, Italy, Spain, the UK and China. Assurant is headquartered in New York City, New York, the US.
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Headquarters United States of America
Address 260 Interstate North Circle S.E., Atlanta, Georgia, 30339
Website www.assurant.com
Telephone 1 770 7631000
No of Employees 13,600
Industry Financial Services
Ticker Symbol & Exchange AIZ (NYSE)
Revenue (2022) $11.1B 9.3% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 132.3% (2022 vs 2021)
Market Cap* $9.9B
Net Profit Margin (2022) XYZ 112.6% (2022 vs 2021)
* As of and is in US$
View Assurant Inc financials
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Assurant Inc premium industry data and analytics
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Insurance Market Data Insights
Insight into market share and brand performance.
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IT Services Contracts
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Products and Services
| Products | Services |
|---|---|
| Renters Insurance | Administrative Services |
| Lender-Placed Insurance | Underwriting Services |
| Vehicle Insurance | Property Risk Management Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
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History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In May, the company introduced Assurant TechPro. |
| 2024 | Acquisitions/Mergers/Takeovers | In April, the company acquired iSmash, a tech repair brand. |
| 2024 | Contracts/Agreements | In April, the company entered an agreement with Lloyds Banking Group to deliver sustainable solutions and offer mobile and device trade-in services. |
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Competitor Comparison
| Key Parameters | Assurant Inc | State Farm Mutual Automobile Insurance Co | Liberty Mutual Holding Company Inc | The Travelers Companies Inc | The Hartford Financial Services Group Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Atlanta | Bloomington | Boston | Saint Paul | Hartford |
| State/Province | Georgia | Illinois | Massachusetts | Minnesota | Connecticut |
| No. of Employees | 13,600 | 67,000 | 50,000 | 33,300 | 18,700 |
| Entity Type | Public | Private | Private | Public | Public |
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Key Financial Charts
Sales Growth
Net Income Growth
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Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Keith W. Demmings | Chief Executive Officer; Director; President | Executive Board | 2022 | 51 |
| Keith R. Meier | Executive Vice President; Chief Financial Officer | Senior Management | 2023 | 54 |
| Francesca L. Luthi | Executive Vice President; Chief Operating Officer | Senior Management | 2023 | 48 |
| Manny Becerra | Chief Information Officer | Senior Management | - | - |
| Joseph A. Surber | Chief Technology Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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