Assurant, Inc. is a provider of specialty insurance products in the U.S. and select worldwide markets. It operates its business through two business segments: Assurant Solutions and Assurant Specialty Property. Assurant Solutions develops, underwrites, and markets specialty insurance, extended service contracts and other risk management solutions in collaborative relationships with financial institutions, retailers, automobile dealers, utilities, funeral homes and other entities. Principal lines of business include debt protection administration, credit insurance, preneed life insurance, and warranties and extended service contracts on appliances, consumer electronics, automobiles, recreational vehicles and boats.
Assurant Specialty Property develops, underwrites, markets and administers specialty property and personal lines of insurance and also offers lender-placed hazard insurance and outsourcing services to mortgage companies, manufactured home builders and dealers, auto finance companies, property management companies, and managing general agents. In addition, it also offers collateral protection programs for automobiles, manufactured housing insurance, residents insurance, homeowners, watercraft, motorcycle, motor home, federal flood, and farmowners.
New York, US
Size (employees)
14,750 (est)
Assurant was founded in 1892 and is headquartered in New York, US
Report incorrect company information

Key People/Management at Assurant

Alan B. Colberg

Alan B. Colberg

President and Chief Executive Officer

Assurant Office Locations

Assurant has an office in Addison, Wayne, Las Vegas, Scottsdale and in 19 other locations
New York, US (HQ)
28 Liberty St
Show all (24)
Report incorrect company information

Assurant Financials and Metrics

Assurant Financials

Assurant's revenue was reported to be $6.42 b in FY, 2017

Revenue (FY, 2017)

6.4 b

Market capitalization (5-Mar-2018)

5 b
Assurant's current market capitalization is $5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


9 b10.4 b10.3 b7.5 b6.4 b

Revenue growth, %


Interest expense

77.7 m58.4 m55.1 m57.6 m

Pre tax profit

789.7 m744.1 m201.2 m848.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


2.3 b2.4 b2.6 b2.7 b2.6 b2.6 b2.5 b2.1 b1.8 b1.8 b1.6 b1.6 b

Interest expense

20.8 m17.1 m13.8 m13.8 m13.8 m13.8 m13.8 m14.5 m15.2 m14 m12.6 m12.4 m

Pre tax profit

194 m235.3 m193.8 m224.8 m83.2 m40 m337.5 m235.5 m215.1 m178.7 m

Income tax expense

65.2 m98 m50.2 m84.5 m33.1 m7.2 m(25.2 m)117.2 m66.2 m76.5 m71.3 m58.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


1.7 b1.3 b1.3 b1 b

Accounts Receivable

15.3 m


11.5 b


784.6 m15.1 m833.5 m831 m
USDQ3, 2013Q1, 2014Q2, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


1.3 b1.1 b1.4 b1.3 b1.5 b2.1 b1.2 b1.1 b874.5 m848.2 m


14.9 b14.6 b14.7 b13.7 b13.5 b11.4 b12 b12 b11.5 b11.6 b


672.2 m785.5 m804.9 m842.2 m841.2 m839.8 m834.2 m839.7 m894.5 m905.5 m

Total Assets

29.3 b29.7 b30.6 b30.8 b30.6 b30.3 b29.8 b30.3 b29.6 b30.1 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

488.9 m470.9 m141.6 m565.4 m

Depreciation and Amortization

125.1 m

Cash From Operating Activities

1 b393.8 m254.6 m134.5 m

Cash From Investing Activities

(392.7 m)63.9 m264.3 m725.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

143.6 m140.3 m50 m32.8 m(7 m)220.3 m169.3 m144.4 m143.8 m

Cash From Operating Activities

724 m127.2 m261.8 m514.7 m(177.7 m)168.9 m529.5 m(339 m)(301.7 m)(43.1 m)24.2 m(300 k)

Cash From Investing Activities

(641.6 m)(191.1 m)34.6 m(143.5 m)54 m55.8 m70.4 m1.1 b745.6 m631.3 m(58.8 m)3.7 m

Long-term Borrowings

(467.3 m)(467.3 m)(467.3 m)(250 m)(250 m)
USDY, 2017


436 k
Show all financial metrics

Assurant Operating Metrics

Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Connected Devices

30.60 m30.80 m31.50 m31.90 m31.90 m32.40 m

Pre-funded Funeral Policies

1.90 m

Protected Autos

11.60 m12 m12.30 m12.60 m12.80 m14.30 m

Renters Policies

1.35 m1.39 m1.47 m1.50 m1.57 m1.63 m
Show all operating metrics

Assurant Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
The Warranty Group October 18, 2017$2.50 b
Green Tree Insurance Agency January 04, 2017$125 m
American Title, Inc. July 06, 2016
CWI Group October 28, 2014$71 m
eMortgage Logic September 04, 2014$17 m
StreetLinks LLC April 16, 2014$60 m
Protective Life's Dental Benefits Division December 31, 2013$300 m
Lifestyle Services Group October 25, 2013£107 m
Field Asset Services, Inc. October 01, 2013
SureDeposit June 22, 2011
Signal Holdings LLC October 01, 2008$250 m
Warranty Management Group Business - GE September 03, 2008
Centrepoint Insurance Services Ltd. September 30, 2007
Swansure Group July 11, 2007
Mayflower National Life Insurance Company July 01, 2007$67.50 m
Safeco Financial Institution Solutions, Inc. April 30, 2006
CORE, INC. March 28, 2001
American Bankers Insurance Group August 17, 1999
John Alden Financial Corporation March 15, 1998
Report incorrect company information

Assurant News and Updates

Assurant to acquire TPG-backed The Warranty Group

Assurant Inc has agreed to acquire The Warranty Group, which is backed by TPG Capital. The deal is valued at about $2.5 billion and is expected to close in the first half of 2018. Morgan Stanley is serving as financial adviser to Assurant on the transaction while UBS Investment Bank is doing likewis…

Monday Morning Cup of Coffee: New Mexico warns of scammers pretending to be Nationstar

Borrowers and lenders, here is your warning! Reports of mortgage scams and financial hackers keep making it to HousingWire’s headlines. The latest attack involves well-known mortgage company Nationstar. In other news, Wells Fargo is in the headlines again. This time the mega bank is being accused of…

Where the Largest P&C Insurers Rank By Startup Investments

Check out even more content at Future of Fintech 2017. Use code “bigidea” to get $2000 off your ticket. In a recent article, XL Innovate’s Martha Notaras said that a combination of large cash positions and pressure from by “changing … Continued
Report incorrect company information