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.
Laying the Foundation for Assurant
Time Insurance Company is acquired by N.V. AMEV of the Netherlands. It is the Dutch company’s first U.S. acquisition. The company sold individual health and small group insurance plans.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.
Assurant Expands to Europe
In 1995, Assurant expanded operations to Europe. Now, we have a presence in France, Germany, Italy, Spain and the United Kingdom.
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.
Paget L. Alves
Director
Mr. Alves was elected to Assurant’s board of directors in November 2019. He served as chief sales officer of Sprint Corporation from January 2012 to September 2013, after serving as president of the company’s Business Markets Group from 2009 to 2012. Prior to that role, Mr. Alves held various senior executive positions at Sprint Corporation, including president, Sales and Distribution; senior vice president, Enterprise Markets and President, Strategic Markets. From 2002 to 2003, he served as President and Chief Operating Officer of Centennial Communications Corp., and from 2000 to 2001, he served as President and Chief Executive Officer of PointOne Telecommunications Inc. Mr. Alves currently chairs the Audit Committee of Yum! Brands, Inc. andthe Audit Committee of Synchrony Financial, and he serves on Synchrony Financial’s Nominating and Corporate Governance Committee. He also chairs the board of directors of Sorenson Communications, a communication device company for the deaf community. Mr. Alves previously served on the board of directors of International Game Technology PLC and was a member of its Audit and Compensation Committees.