Hyla Mobile, a reverse logistics company that refurbishes and resells phones, has been acquired by insurance and service contract provider Assurant.
Full Article: https://bit.ly/2UolbP4
Tag Archives: Assurant
Department of Financial Services announces settlement with mobile insurance provider
Superintendent of Financial Services Linda Lacewell announced on August 20 that The Signal, LP, an Assurant Company, has been fined $2.8 million following inadequate consumer disclosures.
Full Article: https://www.informnny.com/top-stories/department-of-financial-services-announces-settlement-with-mobile-insurance-provider/
Assurant Expands On-Demand Mobile Device Repair with Acquisition of Fixt
Assurant announces it has acquired Fixt, a leading provider of on-demand mobile device support and repair.
Full Release: https://www.businesswire.com/news/home/20200817005054/en/Assurant-Expands-On-Demand-Mobile-Device-Repair-Acquisition
Assurant Acquires American Financial & Automotive Services
- Acquisition Further Solidifies Assurant’s Position as a Leading Provider in the Global Automotive Market with over 48 Million Covered Vehicles Globally
Full Release: https://www.businesswire.com/news/home/20200505005962/en/Assurant-Acquires-American-Financial-Automotive-Services
Assurant Reports First Quarter 2020 Financial Results
- Year-over-Year Earnings Growth Driven by Global Lifestyle and Improved Global Housing Results
- Announces information on AFAS Acquisition
Full Earnings Release: https://www.businesswire.com/news/home/20200505005929/en/Assurant-Reports-Quarter-2020-Financial-Results
F&I PROVIDERS RELIEF FUND ANNOUNCES BOARD MEMBERS, $1 MILLION FUNDRAISING GOAL
FOR IMMEDIATE RELEASE
(Florida, April 2020–) The upstart charity F&I Providers Relief Fund for F&I Managers has announced its 7-member board of directors and a $1 million fundraising goal to help professionals in the F&I industry facing hard times.
Founded only two weeks ago by National Auto Care CEO Tony Wanderon, the F&I Providers Relief Fund (F&IPRF) has brought nearly 20 F&I providers together and has now raised close to $300,000 to provide financial grants exclusively to F&I managers who are dealing with financial hardships due to COVID-19.
Continue readingDealerscope 2019 Warranty Roundtable: What Warrants an ESP Sale?
Dealerscope article on service contracts in the appliance and electronics retail channel. Executives from AIG, Assurant, Asurion, Centricity, Mack, Marsh, OnPoint, Personal Safeguards Group, SquareTrade and Warrantech share initiatives.
Full Article: https://www.dealerscope.com/article/2019-warranty-roundtable-what-warrants-an-esp-sale/
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.
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.
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).
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.