Assurant at the Beginning
Assurant traces its roots back to 1892 when LaCrosse Mutual Aid Association began offering disability insurance. Lacrosse later changed its name to Time Insurance Company.
A Time of Growth
Fortis, Inc. – Assurant’s predecessor – was formed when AMEV/VSB of the Netherlands and AG, joined forces in the first cross-border European merger in the financial sector. Fortis was a financial services company that, through its operating companies and affiliates, provided specialty insurance, such as prefunded funeral insurance, and investment products to businesses and individuals in the United States.
Expansion to Latin America
In 2002, Assurant expanded operations to Latin America. Now, we operate in Argentina, Brazil, Chile, Colombia, Mexico and Puerto Rico.
Assurant Goes Public
Fortis, Inc. completes its initial public offering process and Assurant begins to trade on the New York Stock Exchange under the ticker symbol AIZ.
Assurant in Asia
In 2008, Assurant expanded operations to Asia. Now, we operate in China, Hong Kong, Japan, South Korea and Australia.
Assurant Acquires SureDeposit
This acquisition expanded Assurant's multifamily products and services to offer renters a low cost payment alternative to a security deposit.
A New Vision
Assurant realigns the business to focus on the housing and lifestyle markets. As part of the restructuring, the company announced the wind down of its legacy health business and the selling of its employee benefits business.
Assurant Expands Globally
Assurant acquires The Warranty Group, enhancing its size and presence in its vehicle protection, extended service contracts and financial services businesses across 21countries. It also is the largest acquisition in the company’s history.
Robert W. Stein
Director
Mr. Stein was elected to Assurant’s board of directors in October 2011. He was a Global Managing Partner, Actuarial Services at Ernst & Young LLP and held various leadership roles in the firm’s actuarial and insurance practice from 1976 until his retirement in 2011. He is a Certified Public Accountant, a Fellow of the Society of Actuaries and a Trustee Emeritus of the Actuarial Foundation. He is also member of the AICPA and the American Academy of Actuaries. Mr. Stein serves on the board of Talcott Financial Group, the ultimate parent of Talcott Resolution Life Income Company (Talcott) and its subsidiaries and affiliates. Mr. Stein chairs its Audit Committee and is a member of its Risk Committee. Mr. Stein also serves on the board of directors of Worldwide Reinsurance Ltd., currently a wholly owned subsidiary of Digital Ally. Mr. Stein previously served on the boards of Aviva plc and Resolution Life Holdings, Inc.