With headquarters in New York City, Assurant, Inc. is a global provider of risk management products and services. In the property, casualty, extended device protection, and preneed insurance sectors, its firms offer a varied variety of speciality, niche-market insurance products. Global Housing and Global Lifestyle are the company’s two main operating segments.
In 2004, the company, originally known as Fortis, Inc., was spun off from Fortis Insurance N.V., a Dutch and Belgian financial services company. The company’s $1.76 billion initial public offering on Feb. 5, 2004, was the fourth largest of the year. The company changed its name to Assurant, Inc. in line with the public offering.
As of 2021, Assurant is ranked 302 on the Fortune 500 list of the top corporations in the United States by revenue.
Where is Assurant?
One Chase Manhattan Plaza, 41st Floor, New York, NY 10005. Our main executive offices are located in One Chase Manhattan Plaza, 41st Floor, New York, NY 10005. 212-859-7000 is our phone number.
Is Assurant insurance legit?
In general, Assurant is a bad insurance provider. We discovered that Assurant has high premiums and a complex claims process, making it impossible to recommend it to the majority of people.
What countries does Assurant operate in?
Assurant expanded its operations to Latin America in 2002. We now have operations in Argentina, Brazil, Chile, Colombia, Mexico, and the United States of America.
Is Assurant owned by Geico?
When you click on the “Adirondack’s service website” link, you will be directed to an Adirondack-owned website, not GEICO’s.
GEICO has no control over the above-mentioned companies’ privacy practices and takes no responsibility for your use of their websites. Any information you give them directly is subject to their privacy policy, which is available on their website.
Non-affiliated insurance providers write renters coverage, which is secured by the GEICO Insurance Agency, LLC.
T-Mobile (Assurant)
T-Premium Mobile’s Handset Protection plan includes coverage from Asurion Assurant (previously T-Mobile utilized Asurion; this has changed) (thanks, to those who pointed this out). Your monthly insurance premium and deductible are determined by your phone plan and device.
PHP is included at no additional cost beyond the $10 JUMP price if you’re on one of T-new Mobile’s monthly device payback plans (JUMP!). There are five deductible tiers, and your deductible is determined by the phone you have. In the event of a claim, most modern high-end cellphones fall within the two highest classes, resulting in a deductible of $150-175. Every time you file a mechanical breakdown claim, you’ll be charged a $5 warranty processing fee, and you’ll be restricted to two claims every 12 months you’re enrolled in the plan.
If a refurbished replacement handset isn’t available, Assurant will ship you a new one within 1-2 business days (however user accounts of turnaround times seem to vary). Each refurb also comes with a six-month warranty.
What type of insurance is Assurant?
China, India, Japan, Singapore, South Korea, Australia, New Zealand, Puerto Rico, Canada, the United States of America, Argentina, Brazil, Chile, Colombia, Mexico, Peru, the United Kingdom, the Netherlands, France, Spain, Germany, and Italy
Mobile device protection products; mobile device logistics and repairs; extended service products and related services; underwriting expertise: specialty, renters, lender-placed homeowners, flood, and pre-funded funeral insurance; mobile device protection products; mobile device logistics and repairs; extended service products and related services
Assurant is a global risk management company that primarily serves the lifestyle and housing protection industries. It is divided into five sections:
- Credit-related insurance, debt protection administration, warranties and service contracts, and pre-funded funeral insurance are all available through Assurant Solutions.
- Lender-placed homeowner insurance and prefabricated housing homeowners’ insurance are provided by Assurant Specialty Property.
- Group dental insurance, group vision insurance, group disability insurance, group life insurance, and additional worksite insurance are all available through Assurant Employee & Benefits.
- Corporate & Other: This category looks at a company’s financing and interest expenses, as well as interest income from short-term investments and net realized gains on investments.
More than 20 nations are served by the Fortune 500 corporation. It works with some of the most well-known enterprises, including mobile carriers and multiservice operators, financial institutions, merchants, original equipment manufacturers, vehicle dealers, funeral homes, and property management firms.
The origins of Assurant can be traced back to the La Crosse Mutual Aid Association, which began selling disability insurance in Wisconsin in 1892. Its name was later changed to Time Insurance Company. Time Insurance Corporation was purchased by NV AMEV, a Dutch company, in 1978. In 1990, NV AMEV purchased VSP GROEP NV bank, leading in the formation of Fortis, the Netherlands’ first financial conglomerate combining banking and insurance. The corporation was renamed Assurant in the end.
Assurant expanded its services in 2018 by acquiring The Warranty Group, which expanded the company’s service contracts and financial services operations globally. It is also the company’s largest acquisition.
In September 2014, Colberg was named president of Assurant, followed by CEO and board director in January 2015. He is in charge of Assurant’s profitable expansion, which results in superior results for the company’s employees, customers, and shareholders.
Colberg guided Assurant through the realignment of its business strategy in April 2015, focusing on global trends in the leisure and house protection markets while building on the company’s core skills. He oversaw the $2.5 billion acquisition of The Warranty Group by Assurant in 2017, transforming the company into the leading global lifestyle provider and a global leader in vehicle protection.
Assurant strives to be a responsible employer who also helps communities and meets the needs of its consumers. It promotes workplace diversity, promotes employee growth, inspires creativity, and improves employee engagement. CEO Alan Colberg oversees Assurant’s Global Diversity & Inclusion Council, which is made up of 20 employees from various backgrounds, as part of the company’s commitment to diversity. For the second year in a row, the company received a perfect score of 100 in the Human Rights Campaign’s 2020 Corporate Equality Index, and was named one of the Best Places to Work for LGBTQ Equality.
The corporation is also committed to upholding the greatest standards of business ethics, as well as social and environmental responsibility. As part of this commitment, Assurant’s global Code of Business Conduct and Ethics describes the principles and behaviors that are required of its employees, as well as reporting procedures for suspected unethical behavior.
Who owns Assurant warranty?
NEW YORK, NY 31 MAY 2018 Assurant, Inc. (NYSE: AIZ), a leading worldwide risk management solutions provider, said today that it has completed its purchase of The Warranty Group from TPG Capital for a total enterprise value of $2.5 billion.
Does Assurant cover fire?
We’ll take care of any damage caused by fire, water, smoke, or explosion to your home or adjoining property. Also, if a guest is injured, we’ll pay for other people’s medical bills as well as legal fees.
What does Assurant cover?
Yes. Mold, fungus, and dry rot are all covered by Assurant. Flood, food spoilage, and bedbug coverage are also available in some areas. This is uncommon because most renters insurance policies either require you to purchase additional coverage for such locations or do not cover them at all.
You can transfer your Assurant policy to a new rental property. To change the address of your insurance, log into your customer portal and hover over “my policy” and select “moving.” You can terminate your renters insurance policy if you have purchased a property and no longer require it.
You can use the declaration page as proof of insurance once you’ve purchased a renters insurance policy. While using their online quote tool, some insurance providers also allow you to add your landlord to the policy.
Both types of coverage protect your things, but the most significant difference is that home insurance also covers the structure. As a tenant, you don’t own the building, so your landlord protects it with insurance.
Yes. The majority of insurance companies will let you add a roommate to your coverage. You may, however, surpass the amount of personal property coverage allowed by the business if you have twice as many belongings.