Assurant inc.

Assurant, Inc. is a preserving organization with headquarters in new york town. Its businesses provide a numerous set of uniqueness, niche-marketplace insurance merchandise inside the assets, casualty, existence and health insurance sectors. The employer’s  operating segments are Assurant solutions and Assurant specialty belongings.

The employer, formerly known as Fortis, Inc., changed into spun off from Dutch and Belgian economic-services business enterprise Fortis insurance N.V. in 2004. The business enterprise’s initial public presenting on Feb. 5, 2004 at $1.76 billion changed into the fourth largest that 12 months. In connection with the public imparting, the organization modified its name to Assurant, Inc.

Assurant is 285 at the Fortune 500 listing of the biggest publicly traded organizations within the usa.

Operations

Assurant operates  important organizations:

    Assurant answers develops, underwrites, and markets area of expertise insurance, extended provider contracts and different hazard control solutions in collaborative relationships with financial institutions, outlets, vehicle sellers, utilities, funeral homes and other entities. principal strains of business include debt protection administration, credit score insurance, preneed life insurance, and warranties and extended service contracts on appliances, client electronics, automobiles, recreational automobiles and boats.
    Assurant strong point assets develops, underwrites, markets and administers strong point property and private strains of insurance and also gives lender-positioned hazard coverage and outsourcing offerings to mortgage groups, synthetic home developers and sellers, auto finance corporations, belongings control companies, and managing general agents. in addition, the enterprise additionally gives collateral protection applications for automobiles, synthetic housing insurance, residents coverage, owners, watercraft, motorbike, motor home, federal flood, and farmowners.

Assurant can trace its roots back to the founding of the l.  a. Crosse Mutual resource affiliation, which was installed to sell disability coverage in Wisconsin in the early Eighteen Nineties. la Crosse Mutual useful resource association might later grow to be the Time coverage enterprise. In 1978, N.V. AMEV of the Netherlands received the Time insurance corporation (now Assurant health) via its U.S. keeping company AMEV Holdings, Inc. in the course of the subsequent 12 years, AMEV Holdings, Inc. might amplify through acquisition, buying American protection insurance (credit-related coverage, now Assurant answers); United family (funeral insurance, now Assurant answers - Preneed division); Western coverage corporation (mutual funds, now a part of Assurant worker advantages); and advanced insurance (vehicle coverage). In 1990, N.V. AMEV of the Netherlands received VSB Groep NV bank to emerge as the Netherlands first monetary conglomerate combining an insurer and a bank, growing Fortis.[8] In 1991, AMEV acquired the institution lifestyles, twist of fate and medical health insurance of Mutual gain existence insurance enterprise (now a part of Assurant worker advantages). AMEV Holdings, Inc. become rebranded Fortis, Inc. in 1991. superior coverage changed into sold in 1996. Fortis obtained John Alden in 1998 and American Bankers coverage in 1999.