Assurant

OverviewSuggest Edit

Assurant is a company providing risk management products and services. It offers insurance products in the property, casualty, extended device protection, and preneed insurance sectors. The company operates through three segments: Global Lifestyle, Global Housing, and Global Preneed.
TypePublic
Founded1892
HQNew York, NY, US
Websiteassurant.com
Employee Ratings3.7
Overall CultureB+

Latest Updates

Employees (est.) (Dec 2020)13,600
Job Openings250
Revenue (FY, 2021)$10.2 B
Share Price (Jul 2022)$175.8(+3%)
Cybersecurity ratingBMore
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Key People/Management at Assurant

Keith W. Demmings

Keith W. Demmings

President and CEO
Richard Dziadzio

Richard Dziadzio

Executive Vice President, Chief Financial Officer
Bob Lonergan

Bob Lonergan

Executive Vice President, Chief Strategy and Risk Officer
Francesca Luthi

Francesca Luthi

Executive Vice President, Chief Administrative Officer
Jay Rosenblum

Jay Rosenblum

Executive Vice President, Chief Legal Officer
Tammy Schultz

Tammy Schultz

President, Global Prenned
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Assurant Office Locations

Assurant has offices in New York, Addison, Albany, Atlanta and in 61 other locations
New York, NY, US (HQ)
28 Liberty St
Addison, TX, US
4550 Excel Pkwy #400
Albany, OR, US
1880 14th Ave SE
Atlanta, GA, US
260 Interstate N Cir SE
Bothell, WA, US
21222 30th Dr SE #120
Chicago, IL, US
175 W Jackson Blvd 8th floor
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Assurant Financials and Metrics

Assurant Revenue

Assurant's revenue was reported to be $10.19 b in FY, 2021
USD

Revenue (Q1, 2022)

2.5b

Net income (Q1, 2022)

145.5m

EBIT (Q1, 2022)

145.5m

Market capitalization (29-Jul-2022)

10.0b

Closing stock price (29-Jul-2022)

175.8
Assurant's current market capitalization is $10 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

8.1b10.1b10.1b10.2b

Revenue growth, %

26%25%0%

Cost of goods sold

2.2b

General and administrative expense

3.0b3.3b3.1b3.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

2.4b2.5b2.5b2.6b2.5b2.5b2.4b2.5b2.6b2.5b

Cost of goods sold

494.5m

General and administrative expense

800.1m832.9m764.5m908.1m736.2m687.5m735.7m747.2m818.3m1.8b

Operating expense total

800.1m832.9m764.5m908.1m736.2m687.5m735.7m747.2m818.3m1.8b
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

1.3b1.9b2.2b

Accounts Receivable

1.6b1.7b1.6b

PP&E

392.5m433.7m493.3m

Goodwill

2.3b2.3b2.6b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

1.3b1.5b1.7b2.0b2.1b2.2b1.7b2.7b2.0b

Accounts Receivable

1.7b1.7b1.8b1.6b1.5b1.6b1.9b1.7b1.7b

PP&E

409.8m419.2m418.8m438.1m450.1m468.4m469.1m495.2m529.0m

Goodwill

2.3b2.3b2.3b2.3b2.4b2.3b2.6b2.6b2.6b
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

251.0m382.6m441.8m1.4b

Depreciation and Amortization

126.9m125.8m144.3m171.6m

Cash From Operating Activities

656.7m1.4b1.3b781.7m

Purchases of PP&E

(82.8m)(110.3m)(121.2m)(187.4m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

165.7m309.8m255.0m154.7m332.8m302.6m163.0m366.4m1.2b145.5m

Depreciation and Amortization

29.7m60.1m87.4m33.5m65.0m105.1m41.4m84.1m126.0m47.3m

Accounts Payable

194.3m168.2m

Cash From Operating Activities

246.7m725.7m1.2b(123.7m)292.2m901.6m(418.7m)529.0m527.0m(501.1m)
USDFY, 2018

Revenue/Employee

586.0k

Debt/Equity

0.4 x

Financial Leverage

8 x
Show all financial metrics

Assurant Operating Metrics

FY, 2018FY, 2019FY, 2020

Products and Services

999

Products and Services (Global Lifestyle)

333

Products and Services (Global Housing)

444

Products and Services (Global Preneed)

222

Assurant Acquisitions / Subsidiaries

Company NameDateDeal Size
TRYGLE Co. Ltd.March 16, 2021
EPG Insurance, Inc.December 17, 2020$43 m
HYLA MobileDecember 01, 2020$348.8 m
FixtAugust 17, 2020
American Financial & Automotive Services, Inc.May 01, 2020$176.9 m
CPR Cell Phone RepairOctober 31, 2019
TWG Holdings LimitedMay 31, 2018$2.47 b
Green Tree Insurance Holdings, Corp.February 01, 2017$125 m
American Title, Inc.July 01, 2016$45 m
CWI GroupOctober 31, 2014€56.94 m
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Assurant Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Assurant Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Assurant Online and Social Media Presence

Embed Graph

Assurant Company Culture

  • Overall Culture

    B+

    73/100

  • CEO Rating

    B

    74/100

  • Compensation

    B

    71/100

  • Diversity

    B

    72/100

Learn more on Comparably

Assurant News and Updates

Assurant stock trading at all-time high after investor day

Shares of financial and insurance company Assurant Inc. on Thursday rose 2.2% to an all-time high of $182.87 after the financial services company held an investor day. Truist analyst Mark Hughes on Friday hiked his price target to $220 a share from $210 and reiterated a buy rating on the stock. He …

U.S., Brazil and India Extended Warranty Market Report 2022, Featuring Assurant, AmTrust Financial, AXA, Edel Assurance and SquareTrade

DUBLIN, Feb. 18, 2022 /PRNewswire/ -- The "US, Brazil & India Extended Warranty Market By Coverage, Distribution Channel, End User, and Device Type: Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering. Extended warranty or...

Assurant shares jump 7% on earnings boost

Assurant Inc. jumped 7% on Wednesday in the stock's strongest performance since Aug. 5, 2020 when it rallied 14.2%. The New York-based insurance carrier on Tuesday lifted its outlook for earnings before interest, taxes, depreciation and amortization (Ebitda) and beat Wall Street's earnings view. Fo…

Assurant Honors Georgia Veteran Cameron West with 2022 Ford Super Duty F-250 Truck

Assurant, Pugmire Auto Join WWFS for Mobility is Freedom Celebration Assurant, Pugmire Auto Join WWFS for Mobility is Freedom Celebration

Worldwide Mobile Phone Insurance Industry to 2030 - Featuring Assurant, Asurion and AT&T Among Others

Dublin, Oct. 26, 2021 (GLOBE NEWSWIRE) -- The "Mobile Phone Insurance Market By Type, Coverage Type, Distribution Mode and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering. Mobile device is one of the major categorie…

Assurant to sell its Global Preneed business for $1.3 billion, to use bulk of proceeds on share repurchases

Assurant Inc. announced Tuesday an agreement to sell Global Preneed, its prearranged funeral insurance and final expense business, for $1.3 billion in cash to CUNA Mutual Group. The risk management company expects to use three-quarters of the proceeds from the deal for share repurchases within one …
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Assurant Frequently Asked Questions

  • When was Assurant founded?

    Assurant was founded in 1892.

  • Who are Assurant key executives?

    Assurant's key executives are Keith W. Demmings, Richard Dziadzio and Bob Lonergan.

  • How many employees does Assurant have?

    Assurant has 13,600 employees.

  • What is Assurant revenue?

    Latest Assurant annual revenue is $10.2 b.

  • What is Assurant revenue per employee?

    Latest Assurant revenue per employee is $749.1 k.

  • Who are Assurant competitors?

    Competitors of Assurant include Kemper, Protective Life Insurance Company and MetLife.

  • Where is Assurant headquarters?

    Assurant headquarters is located at 28 Liberty St, New York.

  • Where are Assurant offices?

    Assurant has offices in New York, Addison, Albany, Atlanta and in 61 other locations.

  • How many offices does Assurant have?

    Assurant has 73 offices.