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Assurant Inc. (AIZ)

-NYSE

33.25 Down 0.61(1.80%) May 25, 4:01PM EDT|After Hours: 33.40 Up 0.15 (0.45%) May 25, 5:50PM EDT

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Assurant Inc.
One Chase Manhattan Plaza
41st Floor
New York, NY 10005
United States - Map
Phone: 212-859-7000
Fax: 212-859-5893
Website: http://www.assurant.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Accident & Health Insurance
Full Time Employees:14,100

Business Summary 

Assurant, Inc., through its subsidiaries, provides specialized insurance products and related services in the North America and internationally. It operates in four segments: Assurant Solutions, Assurant Specialty Property, Assurant Health, and Assurant Employee Benefits. The Assurant Solutions segment offers extended service contracts and warranties that provide coverage on cellular phones, personal computers, consumer electronics, appliances, automobiles, and recreational vehicles against mechanical breakdowns, accidental damages, and casualty losses. This segment also provides preneed life insurance policies to address funeral costs at death; and credit insurance products that offer protection from life events and uncertainties arising in purchasing and borrowing transactions. The Assurant Specialty Property segment offers lender-placed and voluntary homeowner’s insurance, lender-placed and voluntary manufactured housing insurance, lender-placed flood insurance, and renter’s insurance products to lenders, mortgage servicers, and investors in mortgaged properties. The Assurant Health segment provides medical insurance products for individuals and their families; and group medical insurance products for small companies. The Assurant Employee Benefits segment offers group disability, dental, vision, life, and supplemental worksite products, as well as individual dental products. This segment also provides reinsurance for disability and life products. The company distributes its insurance products and services through various distribution channels, including independent employee benefits specialists, brokers, managing general agents, life agents, financial institutions, mortgage lenders and servicers, retailers, funeral homes, association groups, and other third-party marketing organizations. The company was founded in 1969 and is based in New York, New York.

Key Statistics


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Corporate Governance 
Assurant Inc.’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Low Concern), Compensation (Low Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Robert B. Pollock , 56
Chief Exec. Officer, Pres, Exec. Director and Chairman of Exec. Committee
3.24M2.34M
Mr. Michael J. Peninger , 51
Chief Financial Officer and Exec. VP
1.70M469.00K
Mr. S. Craig Lemasters , 51
Exec. VP, Chief Exec. Officer of Assurant Solutions and Pres of Assurant Solutions
1.51M519.00K
Mr. Gene E. Mergelmeyer , 53
Exec. VP, Chief Exec. Officer of Assurant Specialty Property and Pres of Assurant Specialty Property
N/AN/A
Mr. Alan B. Colberg , 50
Exec. VP of Marketing and Bus. Devel.
8.56M0.00
Amounts are as of Dec 30, 2011 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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