Tag Archives: Assurant

Assurant and The Warranty Group Amend Deal Structure

Under the revised terms, Assurant, Inc. will acquire TWG Holdings Limited and its subsidiaries, and remain a Delaware corporation. This change follows recently enacted U.S. tax legislation and allows Assurant to simplify the overall deal structure and optimize the transaction financing mix.

Release:  https://www.assurant.com/NewsRoom/AllNews/NewsReleases/2018/January/assurant-and-the-warranty-group-amend-deal-structure

Assurant to Acquire The Warranty Group in Transaction Valued at $2.5 Billion

The transaction values The Warranty Group at $1.9 billion in equity value, or $2.5 billion of enterprise value, including their existing debt.

Full Release: https://www.assurant.com/NewsRoom/AllNews/NewsReleases/2017/October/assurant-to-acquire-the-warranty-group-in-transaction-valued-at-$2.5-billion

The deal is expected to yield $60m in  pre-tax operating synergies.  View Assurant’s presentation on the deal breakdown:  http://s1.q4cdn.com/131015182/files/doc_presentations/2017/Assurant’s-Acquisition-of-The-Warranty-Group-Presentation.pdf

American Auto Shield Announces Direct-to-Consumer Powersport Protection Program

American Auto Shield, a leading provider of extended vehicle protection, today announces the launch of the American Auto Shield Powersport Protection Program. The program includes direct-to-consumer extended coverage for on-road and off-road motorcycles and all-terrain vehicles (ATVs).

Source:  http://www.benzinga.com/pressreleases/16/09/p8504009/american-auto-shield-announces-direct-to-consumer-powersport-protection

Assurant Partners with MyDigitalShield to Offer Small Businesses Protection against Data Breaches

Assurant and MyDigitalShield team up to help protect small businesses against losses from data breaches.

Source:  http://www.businesswire.com/news/home/20160607006634/en/Assurant-Partners-MyDigitalShield-Offer-Small-Businesses-Protection

Assurant Names Richard S. Dziadzio Chief Financial Officer and Treasurer

Mandate underscores organization’s drive toward global enterprise model

NEW YORK, June 1, 2016 — Assurant, Inc. (NYSE: AIZ), a global provider of risk management solutions, today announced the appointment of Richard S. Dziadzio to the role of chief financial officer and treasurer, effective July 18, 2016. Dziadzio joins Assurant from QBE North America where he most recently served as CFO, and helped lead the company’s transformation strategy. Continue reading

eBay Motors Partners with Assurant Solutions to Extend Warranties on Purchases

New protection plan for all eBay shoppers buying auto parts and accessories.

Full Article:  http://www.marketwatch.com/story/ebay-motors-partners-with-assurant-solutions-to-extend-warranties-on-purchases-2015-08-24

#ebay #assurantsolutions

Is Your Broken Appliance Out-of-Warranty? Don’t Worry, You’re Covered

Assurant Solutions launches Fixed by Assurant to provide repair service and extended coverage when you need it most

ATLANTA, March 31, 2015 –- How frustrating is it to have a major appliance break only to discover that the manufacturer’s warranty has expired?

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A.M. Best Affirms Ratings of Assurant, Inc. and Its Subsidiaries

A.M. Best has affirmed the financial strength ratings (FSR) and the issuer credit ratings (ICR) of the U.S. property/casualty and life/health subsidiaries of Assurant, Inc. (Assurant) (headquartered in New York, NY) (NYSE:AIZ).

Full Release:  http://www.businesswire.com/news/home/20141121005784/en/A.M.-Affirms-Ratings-Assurant-Subsidiaries#.VHN_TZPF_K5

Assurant Solutions Appoints Gilles Giacosa as Senior Vice President of Strategy and Strategic Initiatives

NOVEMBER 20, 2014 – NEWS RELEASE

ATLANTA, Nov. 20, 2014 –- Assurant Solutions, a global provider of mobile protection products and services, today announced the appointment of Gilles Giacosa to the role of Senior Vice President of Strategy and Strategic Initiatives for its Connected Living division.

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