Assurant Inc
Industry: Finance/Insurance
Assurant's businesses provide a unique variety of products and services that assure opportunity, security and peace of mind for our customers. We provide creditor-placed homeowners insurance; manufactured housing homeowners insurance; debt protection administration; credit insurance; warranties and extended services contracts; individual health and small employer group health insurance; group dental insurance; group disability insurance; group life insurance; and pre-funded funeral insurance.
Business Summary
Assurant, Inc., a holding company, provides specialized insurance products and related services worldwide. The company operates in four segments: Assurant Solutions, Assurant Health, Assurant Employee Benefits, and Assurant PreNeed. The Assurant Solutions segment develops, underwrites, and markets specialty insurance products and services through financial institutions, mortgage lenders and servicers, retailers, manufactured housing and automobile dealers, utilities, and other entities in North America, the Caribbean, South America, and Europe. The Assurant Health segment writes of individual and short-term major medical health insurance. It also provides small employer group health insurance to employer groups primarily of two to fifty employees in size, and health insurance plans to full-time college students. This segment offers individual health insurance products and small employer health insurance products. The Assurant Employee Benefits segment offers group dental benefit plans sponsored by employers and funded through payroll deductions based on the number of master contracts in force. It also provides disability and term life insurance products and related services to small and medium-sized employers based on number of master contracts in force. This segment offers group dental, group disability insurance, and group term life insurance. The Assurant PreNeed segment offers prefunded funeral insurance products to consumers over the age of 65 and with an average issue age of 72. Its products provide benefits to cover the costs incurred in connection with prearranged funeral contracts. The segment distributes its products primarily through funeral homes. The company serves financial institutions, mortgage lenders and servicers, retailers, manufactured housing and automobile dealers, utilities, and other entities, as well as funeral homes and selected third-party general agencies. Assurant is headquartered in New York City.
Financial Summary
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