Updated: Jun 8
Assurant Inc. is a global provider of risk management solutions, offering a range of products and services to protect consumers and businesses from unexpected events. The company is based in New York City and was founded in 1892.
Assurant's primary business segments include global housing, global lifestyle, and global preneed. The global housing segment provides insurance and related services to homeowners, renters, and landlords, while the global lifestyle segment provides protection for mobile devices, vehicles, and other personal assets. The global preneed segment provides funeral and cremation services, as well as pre-funded funeral insurance policies.
One of the key strengths of Assurant is their focus on innovation. The company invests heavily in research and development, with a focus on developing new products and services that can help their customers mitigate risk and protect their assets. This approach has allowed Assurant to stay at the forefront of the rapidly-evolving risk management industry.
In addition to their focus on innovation, Assurant also places a strong emphasis on customer service. The company prides itself on providing excellent customer service to its policyholders, which helps to build strong, long-lasting relationships with its customers. This approach has earned Assurant a reputation as a trusted partner in the risk management industry.
Financially, Assurant has a strong track record of growth and profitability. The company reported revenue of $11.3 billion in 2020, an increase of 6% over the previous year. Net income for the same period was $735 million, an increase of 38% over the previous year.
Assurant Inc. is a global provider of risk management solutions, offering a range of products and services to protect consumers and businesses from unexpected events. The company's focus on innovation, commitment to customer service, and strong financial performance make them a trusted partner for businesses and consumers seeking to mitigate risk and protect their assets. With their extensive experience and investment in R&D, Assurant is well-positioned to continue to grow and succeed in the years ahead.