Assurant News
Assurant to Take on Nationwide’s FEMA Flood Insurance Business
Nationwide will start winding down its status this May as a "Write Your Own" carrier within FEMA's National Flood Insurance Program. Assurant said it formed an agreement with the insurer to fill the ...
Assurant Teams Up with Flexdrive: Insurance Part of On-Demand Car Subscription
Assurant Specialty Property teamed up with Flexdrive to provide insurance coverage for vehicles in its on-demand car program, which is currently available in Atlanta, Dallas, Austin and Nashville. ...
Leaders Review Failures, Successes and Joint Innovation Efforts
Failing to innovate is no longer an option in the property/casualty insurance industry, according to leaders who say that a tolerance for ill-timed or less-than-perfect product launches is better ...
How Progressive, Assurant and Others Innovated Their Innovation Processes
While culture is the central ingredient in the innovation recipes of most property/casualty insurers, strategy games and idea labs are among the more novel approaches P/C leaders describe when asked ...
P/C Insurers Blocking Their Own Roads to Innovation
Property/casualty insurers face a number of external obstacles on the road to delivering more innovative products and reimagining their operations, but the ones that really get in the way come from ...
Assurant Announces Possible Sale of Health Biz; Refocusing on Core P/C Specialty
Assurant announced a strategic decision to double-down on its property/casualty specialty insurance efforts, while considering possible sales of its employee benefits and health segments. "Following ...
Global Indemnity to Snatch Up Assurant’s American Reliable Business
Global Indemnity plc will snatch up a specialty property/casualty company owned by Assurant in a deal worth about $394 million and possibly more. The insurer and reinsurer plans to seal the deal for ...
Assurant Names New CEO in Wake of Home Insurance Business Drop
Assurant Inc. promoted Alan Colberg to be the next chief executive officer as the insurer confronts a slump in the sale of coverage for foreclosed homes. Colberg, 53, becomes CEO on Jan. 1 and ...