Tuesday, April 28, 2015

Assurant Inc.: Protecting Policy Holders Against Risk


Prior to 2004, Assurant, Inc. was known as Fortis, Inc. The business was once part of the Dutch and Belgian financial-services company known as Fortis Insurance N.V. After it got spun off, the business became an independent venture and made its initial public offering on the New York Stock Exchange, where it continues to trade its common stocks under the ticker symbol AIZ. Subsequently, the business made its name change to reflect the new company.

Headquartered at the One Chase Manhattan Plaza in New York City, Assurant, Inc. functions as a holding company to four businesses that provide a wide array of insurance products. These businesses continue to offer health insurance, life coverage, property and casualty insurance. Each of these insurance coverage is also represented by a business division. There are four reporting units in the company, namely Assurant Health, Assurant Employee Benefits, Assurant Solutions and Assurant Specialty Property.

In addition to the coverage they provide in the United States, the company also operates in selected global markets. They have more than 17,500 employees who remain dedicated in making their customers feel valued, and make them trust that Assurant is there when they need it the most. The company bolsters their operations with state of the art technology, flexible tools and solutions that are tailored to the unique needs of their business partners. It continues to provide their planholders the protection and services they need to safeguard themselves, their properties and the ones they love against risk.

The history of Assurant goes back to its founding in 1892. Today, the company is listed as a Fortune 500 business and continues to generate more than $9.04 billion in annual revenue. It is ranked as one of the largest publicly traded companies in the United States and is known for continuously giving back to the community it thrives in.

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